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Merritt Island Market Report

$559,759

AVERAGE PRICE OF 249 HOMES

$199,500

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,006,042

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$623,336

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$638,609

AVERAGE PRICE OF 144 HOMES WITH A POOL

$594,950

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $559,759
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $121,450
2 bedrooms $309,149
3 bedrooms $411,763
4 bedrooms $576,310
5 bedrooms $1,014,731
Merritt Island Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 246 263 273 306 321
Average Price $557,176 $523,924 $499,645 $496,896 $479,335
Avg Price Change +6.35% +4.86% +0.55% +3.66% -4.74%
Median Price $405,887 $384,944 $389,531 $384,912 $384,900
Med Price Change +5.44% -1.19% +1.20% +0.00% -1.58%
Avg Bedrooms 3.5 beds 3.43 beds 3.42 beds 3.41 beds 3.41 beds
Avg Bathrooms 2.46 baths 2.44 baths 2.4 baths 2.37 baths 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 228 $503,743 63 days
Satellite 6 $2,205,333 128 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 249 $559,759 68 days
Distressed Homes 1 $199,500 36 days
Multi-Million Dollar Homes 19 $2,006,042 112 days
Newly Built Homes 39 $623,336 105 days
Homes with a Pool 144 $638,609 61 days
Reduced Price Homes 2 $594,950 11 days
Ideal Real Estate
Donna Tidwell
1264 US Hwy 1, Ste #101
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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