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Merritt Island

Merritt Island Market Report

$848,272

AVERAGE PRICE OF 55 HOMES

$247,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,167,500

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$683,530

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$1,363,751

AVERAGE PRICE OF 19 HOMES WITH A POOL

Average Home

Average Price $848,272
Avg Bedrooms 2.63 beds
Avg Bathrooms 1.88 baths

Average Price by Bedrooms

2 bedrooms $466,305
3 bedrooms $408,363
4 bedrooms $802,954
5 bedrooms $656,175
Merritt Island Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings n/a 46 43 n/a n/a
Average Price n/a $824,428 $837,308 n/a n/a
Avg Price Change n/a -1.56% n/a n/a n/a
Median Price n/a $467,676 $470,830 n/a n/a
Med Price Change n/a -0.67% n/a n/a n/a
Avg Bedrooms n/a 2.44 beds 2.44 beds n/a n/a
Avg Bathrooms n/a 1.69 baths 1.89 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 3 $293,233 50 days
Viera High School 1 $649,000 134 days
Total Homes Average Price Avg Days on Site
All Homes 55 $848,272 65 days
Distressed Homes 1 $247,000 24 days
Multi-Million Dollar Homes 8 $3,167,500 162 days
Newly Built Homes 4 $683,530 182 days
Homes with a Pool 19 $1,363,751 78 days