If you need assistance, please call 321-626-1377

Merritt Island Market Report

$618,533

AVERAGE PRICE OF 259 HOMES

$282,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,114,400

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$642,661

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$759,574

AVERAGE PRICE OF 140 HOMES WITH A POOL

$1,237,800

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $618,533
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $141,200
2 bedrooms $354,927
3 bedrooms $478,291
4 bedrooms $686,333
5 bedrooms $1,012,364
Merritt Island Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 279 279 261 262
Average Price n/a $619,186 $588,499 $602,584 $593,392
Avg Price Change n/a +5.21% -2.39% +1.55% +0.86%
Median Price n/a $460,798 $441,206 $434,512 $426,242
Med Price Change n/a +4.44% +1.54% +1.94% +0.16%
Avg Bedrooms n/a 3.39 beds 3.33 beds 3.29 beds 3.29 beds
Avg Bathrooms n/a 2.41 baths 2.37 baths 2.38 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 239 $570,140 77 days
Satellite 7 $2,738,572 176 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 259 $618,533 91 days
Distressed Homes 2 $282,500 99 days
Multi-Million Dollar Homes 25 $2,114,400 118 days
Newly Built Homes 44 $642,661 157 days
Homes with a Pool 140 $759,574 107 days
Reduced Price Homes 5 $1,237,800 38 days