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Merritt Island Market Report

$591,613

AVERAGE PRICE OF 314 HOMES

$156,466

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,234,765

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$488,660

AVERAGE PRICE OF 96 NEWLY BUILT HOMES

$743,690

AVERAGE PRICE OF 163 HOMES WITH A POOL

$553,592

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $591,613
Avg Bedrooms 3.6 beds
Avg Bathrooms 2.57 baths

Average Price by Bedrooms

1 bedroom $212,000
2 bedrooms $241,747
3 bedrooms $377,667
4 bedrooms $639,634
5 bedrooms $873,090
Merritt Island Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 303 299 318 353
Average Price n/a $595,543 $586,604 $567,778 $551,754
Avg Price Change n/a +1.52% +3.32% +2.90% +0.53%
Median Price n/a $403,581 $398,403 $396,821 $394,668
Med Price Change n/a +1.30% +0.40% +0.55% +2.48%
Avg Bedrooms n/a 3.62 beds 3.57 beds 3.56 beds 3.57 beds
Avg Bathrooms n/a 2.6 baths 2.6 baths 2.58 baths 2.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 293 $507,601 92 days
Satellite 13 $2,450,846 131 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 314 $591,613 94 days
Distressed Homes 3 $156,466 41 days
Multi-Million Dollar Homes 31 $2,234,765 186 days
Newly Built Homes 96 $488,660 95 days
Homes with a Pool 163 $743,690 89 days
Reduced Price Homes 13 $553,592 91 days
RE/MAX SOLUTIONS
Lindsay Sanger
2235 N. Courtenay Parkway, Suite A
Merritt Island, FL 32953
321-848-8379

The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than RE/MAX SOLUTIONS in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.