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Merritt Island Market Report

$598,545

AVERAGE PRICE OF 298 HOMES

$156,700

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,173,644

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$588,214

AVERAGE PRICE OF 53 NEWLY BUILT HOMES

$732,104

AVERAGE PRICE OF 175 HOMES WITH A POOL

$701,221

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $598,545
Avg Bedrooms 3.58 beds
Avg Bathrooms 2.61 baths

Average Price by Bedrooms

1 bedroom $168,666
2 bedrooms $196,566
3 bedrooms $401,477
4 bedrooms $605,670
5 bedrooms $927,031
Merritt Island Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 318 353 375 361 362
Average Price $567,778 $551,754 $548,871 $547,991 $552,429
Avg Price Change +2.90% +0.53% +0.16% -0.81% +1.33%
Median Price $396,821 $394,668 $385,127 $373,264 $374,096
Med Price Change +0.55% +2.48% +3.18% -0.22% +0.41%
Avg Bedrooms 3.56 beds 3.57 beds 3.56 beds 3.53 beds 3.58 beds
Avg Bathrooms 2.58 baths 2.57 baths 2.56 baths 2.53 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 273 $517,610 100 days
Satellite 13 $2,394,608 138 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 298 $598,545 111 days
Distressed Homes 4 $156,700 60 days
Multi-Million Dollar Homes 32 $2,173,644 157 days
Newly Built Homes 53 $588,214 179 days
Homes with a Pool 175 $732,104 119 days
Reduced Price Homes 18 $701,221 127 days