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Merritt Island Market Report

$707,277

AVERAGE PRICE OF 252 HOMES

$213,500

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,177,897

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$847,903

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$811,257

AVERAGE PRICE OF 147 HOMES WITH A POOL

$519,627

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $707,277
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $548,728
2 bedrooms $468,095
3 bedrooms $492,239
4 bedrooms $918,790
5 bedrooms $1,196,614
Merritt Island Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 253 n/a n/a n/a 217
Average Price $683,009 n/a n/a n/a $635,179
Avg Price Change n/a n/a n/a n/a -1.00%
Median Price $527,912 n/a n/a n/a $505,070
Med Price Change n/a n/a n/a n/a -6.46%
Avg Bedrooms 3.3 beds n/a n/a n/a 3.63 beds
Avg Bathrooms 2.31 baths n/a n/a n/a 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 241 $614,589 84 days
Satellite 10 $2,921,800 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 252 $707,277 83 days
Distressed Homes 1 $213,500 22 days
Multi-Million Dollar Homes 29 $2,177,897 91 days
Newly Built Homes 40 $847,903 262 days
Homes with a Pool 147 $811,257 86 days
Reduced Price Homes 27 $519,627 32 days
Florida Lifestyle Realty LLC
Jackie Griffin
6500 N. Atlantic Ave. Suite C
Cape Canaveral, FL 32920
321-613-5922

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 Florida Lifestyle Realty LLC in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.com. August 14, 2022
Copyright 8/14/2022 11:48 PM CST New Smyrna Beach Board of REALTORS®, Inc. All rights reserved”. NSBBORMLS data is provided solely for publication on the Internet as a tool for consumers to search and view properties available for sale, which have been listed with NSBBORMLS members. “IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to consumers that may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS”
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