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Merritt Island Market Report

$685,031

AVERAGE PRICE OF 252 HOMES

$247,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,169,926

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$766,774

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$790,070

AVERAGE PRICE OF 136 HOMES WITH A POOL

$543,147

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $685,031
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $714,440
2 bedrooms $444,362
3 bedrooms $570,884
4 bedrooms $877,163
5 bedrooms $1,099,930
Merritt Island Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 256 259 253 n/a n/a
Average Price $680,922 $691,941 $683,009 n/a n/a
Avg Price Change -1.62% +1.31% n/a n/a n/a
Median Price $547,868 $544,301 $527,912 n/a n/a
Med Price Change +0.66% +3.10% n/a n/a n/a
Avg Bedrooms 3.16 beds 3.34 beds 3.3 beds n/a n/a
Avg Bathrooms 2.16 baths 2.33 baths 2.31 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 238 $603,040 99 days
Satellite 9 $2,904,445 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 252 $685,031 58 days
Distressed Homes 1 $247,000 29 days
Multi-Million Dollar Homes 27 $2,169,926 115 days
Newly Built Homes 39 $766,774 300 days
Homes with a Pool 136 $790,070 107 days
Reduced Price Homes 17 $543,147 42 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. October 6, 2022
Copyright 10/6/2022 12:35 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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