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Merritt Island Market Report

$553,478

AVERAGE PRICE OF 286 HOMES

$367,400

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,244,355

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$474,986

AVERAGE PRICE OF 91 NEWLY BUILT HOMES

$651,316

AVERAGE PRICE OF 144 HOMES WITH A POOL

$478,842

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $553,478
Avg Bedrooms 3.5 beds
Avg Bathrooms 2.49 baths

Average Price by Bedrooms

2 bedrooms $223,980
3 bedrooms $384,215
4 bedrooms $632,801
5 bedrooms $816,277
Merritt Island Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 300 298 309 308 303
Average Price $559,638 $583,855 $589,894 $610,764 $595,543
Avg Price Change -4.33% -1.03% -3.54% +2.56% +1.52%
Median Price $380,563 $372,182 $379,582 $399,900 $403,581
Med Price Change +2.25% -1.99% -5.35% -0.92% +1.30%
Avg Bedrooms 3.49 beds 3.52 beds 3.57 beds 3.61 beds 3.62 beds
Avg Bathrooms 2.46 baths 2.51 baths 2.55 baths 2.6 baths 2.6 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 225 $503,310 109 days
Rockledge 1 $175,000 1 day
Satellite 10 $2,379,900 128 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 286 $553,478 98 days
Distressed Homes 2 $367,400 9 days
Multi-Million Dollar Homes 22 $2,244,355 141 days
Newly Built Homes 91 $474,986 121 days
Homes with a Pool 144 $651,316 100 days
Reduced Price Homes 7 $478,842 55 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.