If you need assistance, please call 321-806-3961

Merritt Island Market Report

$624,448

AVERAGE PRICE OF 280 HOMES

$290,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,016,403

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$637,686

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$755,973

AVERAGE PRICE OF 159 HOMES WITH A POOL

$639,485

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $624,448
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $1,400,000
2 bedrooms $319,257
3 bedrooms $439,101
4 bedrooms $704,409
5 bedrooms $1,022,621
Merritt Island Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 279 261 262 253 253
Average Price $588,499 $602,584 $593,392 $588,318 $585,106
Avg Price Change -2.39% +1.55% +0.86% +0.55% +3.91%
Median Price $441,206 $434,512 $426,242 $425,581 $434,249
Med Price Change +1.54% +1.94% +0.16% -2.04% +1.74%
Avg Bedrooms 3.33 beds 3.29 beds 3.29 beds 3.28 beds 3.37 beds
Avg Bathrooms 2.37 baths 2.38 baths 2.4 baths 2.41 baths 2.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 260 $562,580 69 days
Satellite 8 $2,410,625 152 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 280 $624,448 82 days
Distressed Homes 2 $290,000 158 days
Multi-Million Dollar Homes 32 $2,016,403 109 days
Newly Built Homes 43 $637,686 141 days
Homes with a Pool 159 $755,973 92 days
Reduced Price Homes 7 $639,485 43 days
Ideal Real Estate
Donna Tidwell
7105 Turner Rd Rockledge
Rockledge, FL 32955
321-806-3961

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 Donna Tidwell - Ideal Real Estate in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
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