If you need assistance, please call 321-610-4648

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 HOMES

Average 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
Offices in Suntree/Melbourne & Merritt Island
3270 Suntree Blvd #203
Melbourne, FL 32940
321-610-4648


1450 N Courtenay Pkwy, Ste. 47
Merritt Island, FL 32953

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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 Charles Burke - Burke Real Estate Group in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2023 Space Coast Association of REALTORS®, Inc. All rights reserved.
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mls logo© 2023 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.6/2/2023 12:24 AM CST
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