Merritt Island Market Report
$689,671
AVERAGE PRICE OF 236 HOMES$1,954,263
AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES$922,456
AVERAGE PRICE OF 22 NEWLY BUILT HOMES$754,859
AVERAGE PRICE OF 139 HOMES WITH A POOL$783,276
AVERAGE PRICE OF 13 REDUCED PRICE HOMESAverage Home
Average Price | $689,671 |
Avg Bedrooms | 4.15 beds |
Avg Bathrooms | 2.63 baths |
Average Price by Bedrooms
1 bedroom | $830,960 |
2 bedrooms | $384,162 |
3 bedrooms | $525,611 |
4 bedrooms | $848,227 |
5 bedrooms | $1,512,307 |
Merritt Island Home Price Trends
5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
---|---|---|---|---|---|
Total Listings | 291 | 284 | 291 | 304 | 283 |
Average Price | $730,043 | $738,608 | $735,610 | $763,026 | $758,520 |
Avg Price Change | -1.17% | +0.41% | -3.73% | +0.59% | +0.69% |
Median Price | $528,423 | $530,572 | $519,159 | $526,924 | $545,560 |
Med Price Change | -0.41% | +2.20% | -1.50% | -3.54% | -2.90% |
Avg Bedrooms | 3.58 beds | 3.56 beds | 3.22 beds | 3.09 beds | 2.94 beds |
Avg Bathrooms | 2.37 baths | 2.35 baths | 2.24 baths | 2.19 baths | 2.21 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Merritt Island | 220 | $641,377 | 78 days |
Satellite | 6 | $2,655,667 | 196 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 236 | $689,671 | 93 days |
Multi-Million Dollar Homes | 30 | $1,954,263 | 122 days |
Newly Built Homes | 22 | $922,456 | 247 days |
Homes with a Pool | 139 | $754,859 | 86 days |
Reduced Price Homes | 13 | $783,276 | 42 days |