Merritt Island Market Report
$682,032
AVERAGE PRICE OF 237 HOMES$1,963,031
AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES$922,456
AVERAGE PRICE OF 22 NEWLY BUILT HOMES$763,187
AVERAGE PRICE OF 137 HOMES WITH A POOL$641,961
AVERAGE PRICE OF 21 REDUCED PRICE HOMESAverage Home
Average Price | $682,032 |
Avg Bedrooms | 3.31 beds |
Avg Bathrooms | 2.27 baths |
Average Price by Bedrooms
1 bedroom | $830,960 |
2 bedrooms | $392,136 |
3 bedrooms | $515,919 |
4 bedrooms | $840,877 |
5 bedrooms | $1,374,614 |
Merritt Island Home Price Trends
5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
---|---|---|---|---|---|
Total Listings | 239 | 233 | 242 | 251 | 235 |
Average Price | $704,492 | $712,466 | $704,297 | $727,766 | $710,519 |
Avg Price Change | -1.13% | +1.16% | -3.33% | +2.43% | -0.66% |
Median Price | $541,970 | $536,953 | $520,391 | $523,582 | $532,494 |
Med Price Change | +0.93% | +3.18% | -0.61% | -1.70% | -4.42% |
Avg Bedrooms | 3.31 beds | 3.23 beds | 3.21 beds | 3.29 beds | 3.29 beds |
Avg Bathrooms | 2.29 baths | 2.28 baths | 2.29 baths | 2.32 baths | 2.29 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Merritt Island | 223 | $636,758 | 79 days |
Satellite | 6 | $2,655,667 | 200 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 237 | $682,032 | 83 days |
Multi-Million Dollar Homes | 29 | $1,963,031 | 144 days |
Newly Built Homes | 22 | $922,456 | 251 days |
Homes with a Pool | 137 | $763,187 | 88 days |
Reduced Price Homes | 21 | $641,961 | 45 days |