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Merritt Island Market Report

$567,058

AVERAGE PRICE OF 261 HOMES

$219,966

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,000,744

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$534,153

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$677,633

AVERAGE PRICE OF 141 HOMES WITH A POOL

$870,741

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $567,058
Avg Bedrooms 3.55 beds
Avg Bathrooms 2.54 baths

Average Price by Bedrooms

1 bedroom $90,000
2 bedrooms $250,668
3 bedrooms $393,812
4 bedrooms $608,775
5 bedrooms $796,828
Merritt Island Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 266 266 267 269 248
Average Price $585,245 $591,640 $611,039 $593,793 $616,529
Avg Price Change -1.09% -3.28% +2.90% -3.83% +6.52%
Median Price $402,631 $397,244 $399,006 $394,016 $412,794
Med Price Change +1.36% -0.44% +1.27% -4.77% +4.97%
Avg Bedrooms 3.58 beds 3.56 beds 3.54 beds 3.49 beds 3.58 beds
Avg Bathrooms 2.52 baths 2.51 baths 2.55 baths 2.53 baths 2.62 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 239 $508,290 85 days
Satellite 12 $1,750,325 135 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 261 $567,058 88 days
Distressed Homes 3 $219,966 89 days
Multi-Million Dollar Homes 25 $2,000,744 151 days
Newly Built Homes 44 $534,153 89 days
Homes with a Pool 141 $677,633 83 days
Reduced Price Homes 17 $870,741 85 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.