Merritt Island Market Report
$725,886
AVERAGE PRICE OF 248 HOMES$2,135,457
AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES$802,547
AVERAGE PRICE OF 32 NEWLY BUILT HOMES$848,737
AVERAGE PRICE OF 147 HOMES WITH A POOL$588,531
AVERAGE PRICE OF 19 REDUCED PRICE HOMESAverage Home
Average Price | $725,886 |
Avg Bedrooms | 3.31 beds |
Avg Bathrooms | 2.35 baths |
Average Price by Bedrooms
1 bedroom | $512,166 |
2 bedrooms | $427,757 |
3 bedrooms | $478,915 |
4 bedrooms | $910,371 |
5 bedrooms | $1,425,081 |
Merritt Island Home Price Trends
1/2023 | 12/2022 | 11/2022 | 10/2022 | 9/2022 | |
---|---|---|---|---|---|
Total Listings | 235 | 244 | n/a | 254 | 255 |
Average Price | $710,519 | $715,211 | n/a | $695,093 | $681,044 |
Avg Price Change | -0.66% | n/a | n/a | +2.06% | -1.60% |
Median Price | $532,494 | $556,018 | n/a | $558,340 | $547,468 |
Med Price Change | -4.42% | n/a | n/a | +1.99% | +0.58% |
Avg Bedrooms | 3.29 beds | 3.33 beds | n/a | 3.34 beds | 3.33 beds |
Avg Bathrooms | 2.29 baths | 2.34 baths | n/a | 2.35 baths | 2.31 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Merritt Island | 235 | $657,346 | 90 days |
Satellite | 9 | $2,558,333 | 151 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 248 | $725,886 | 92 days |
Multi-Million Dollar Homes | 37 | $2,135,457 | 131 days |
Newly Built Homes | 32 | $802,547 | 181 days |
Homes with a Pool | 147 | $848,737 | 87 days |
Reduced Price Homes | 19 | $588,531 | 93 days |