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Merritt Island Market Report

$522,776

AVERAGE PRICE OF 230 HOMES

$492,225

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,857,224

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$540,219

AVERAGE PRICE OF 45 NEWLY BUILT HOMES

$614,649

AVERAGE PRICE OF 127 HOMES WITH A POOL

$409,382

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $522,776
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $134,225
2 bedrooms $238,300
3 bedrooms $391,087
4 bedrooms $685,561
5 bedrooms $743,588
Merritt Island Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 227 252 267 266 267
Average Price $530,906 $573,402 $584,794 $591,640 $611,039
Avg Price Change -8.00% -1.99% -1.17% -3.28% +3.06%
Median Price $387,335 $394,735 $402,864 $397,244 $399,006
Med Price Change -1.91% -2.06% +1.41% -0.44% +1.11%
Avg Bedrooms 3.44 beds 3.52 beds 3.29 beds 3.56 beds 3.54 beds
Avg Bathrooms 2.44 baths 2.51 baths 2.76 baths 2.51 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 213 $465,525 91 days
Satellite 9 $1,768,745 76 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 230 $522,776 93 days
Distressed Homes 4 $492,225 102 days
Multi-Million Dollar Homes 17 $1,857,224 104 days
Newly Built Homes 45 $540,219 119 days
Homes with a Pool 127 $614,649 85 days
Reduced Price Homes 20 $409,382 75 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 10, 2020
Copyright 8/10/2020 11:42 AM 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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