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Merritt Island Market Report

$602,318

AVERAGE PRICE OF 271 HOMES

$254,950

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,182,036

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$636,723

AVERAGE PRICE OF 31 NEWLY BUILT HOMES

$763,959

AVERAGE PRICE OF 152 HOMES WITH A POOL

$339,590

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $602,318
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $78,450
2 bedrooms $294,961
3 bedrooms $431,221
4 bedrooms $664,761
5 bedrooms $1,579,181
Merritt Island Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 253 253 250 246 263
Average Price $588,318 $585,106 $563,099 $557,176 $523,924
Avg Price Change +0.55% +3.91% +1.06% +6.35% +4.86%
Median Price $425,581 $434,249 $426,823 $405,887 $384,944
Med Price Change -2.04% +1.74% +5.16% +5.44% -1.19%
Avg Bedrooms 3.28 beds 3.37 beds 3.45 beds 3.5 beds 3.43 beds
Avg Bathrooms 2.41 baths 2.44 baths 2.45 baths 2.46 baths 2.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Heritage 1 $470,000 8 days
Merritt Island 248 $531,125 60 days
Satellite 8 $2,568,625 132 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 271 $602,318 70 days
Distressed Homes 4 $254,950 60 days
Multi-Million Dollar Homes 28 $2,182,036 113 days
Newly Built Homes 31 $636,723 158 days
Homes with a Pool 152 $763,959 76 days
Reduced Price Homes 11 $339,590 33 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.
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