Merritt Island Market Report
$700,579
AVERAGE PRICE OF 248 HOMES$2,165,361
AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES$942,846
AVERAGE PRICE OF 19 NEWLY BUILT HOMES$799,801
AVERAGE PRICE OF 150 HOMES WITH A POOL$670,737
AVERAGE PRICE OF 16 REDUCED PRICE HOMESAverage Home
Average Price | $700,579 |
Avg Bedrooms | 3.21 beds |
Avg Bathrooms | 2.29 baths |
Average Price by Bedrooms
1 bedroom | $566,562 |
2 bedrooms | $391,565 |
3 bedrooms | $526,651 |
4 bedrooms | $878,640 |
5 bedrooms | $1,569,390 |
Merritt Island Home Price Trends
2/2023 | 1/2023 | 12/2022 | 11/2022 | 10/2022 | |
---|---|---|---|---|---|
Total Listings | 251 | 235 | 244 | n/a | 254 |
Average Price | $727,766 | $710,519 | $715,211 | n/a | $695,093 |
Avg Price Change | +2.43% | -0.66% | n/a | n/a | +2.06% |
Median Price | $523,582 | $532,494 | $556,018 | n/a | $558,340 |
Med Price Change | -1.70% | -4.42% | n/a | n/a | +1.99% |
Avg Bedrooms | 3.29 beds | 3.29 beds | 3.33 beds | n/a | 3.34 beds |
Avg Bathrooms | 2.32 baths | 2.29 baths | 2.34 baths | n/a | 2.35 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Merritt Island | 231 | $635,605 | 91 days |
Satellite | 9 | $2,645,556 | 174 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 248 | $700,579 | 92 days |
Multi-Million Dollar Homes | 33 | $2,165,361 | 148 days |
Newly Built Homes | 19 | $942,846 | 291 days |
Homes with a Pool | 150 | $799,801 | 89 days |
Reduced Price Homes | 16 | $670,737 | 62 days |