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Merritt Island

Merritt Island Market Report

$666,986

AVERAGE PRICE OF 42 HOMES

$2,879,500

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$659,935

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$874,459

AVERAGE PRICE OF 19 HOMES WITH A POOL

$526,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $666,986
Avg Bedrooms 2.96 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

2 bedrooms $213,700
3 bedrooms $429,760
4 bedrooms $621,315
5 bedrooms $474,950
Merritt Island Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 42 34 37 n/a 34
Average Price $688,798 $714,643 $662,938 n/a $732,393
Avg Price Change -3.75% +7.80% n/a n/a -10.87%
Median Price $448,568 $445,330 $418,643 n/a $379,807
Med Price Change +0.73% +6.37% n/a n/a -5.22%
Avg Bedrooms 3.02 beds 2.93 beds 2.91 beds n/a 2.57 beds
Avg Bathrooms 2.23 baths 2.11 baths 2.03 baths n/a 1.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 1 $451,900 130 days
Total Homes Average Price Avg Days on Site
All Homes 42 $666,986 101 days
Multi-Million Dollar Homes 4 $2,879,500 225 days
Newly Built Homes 1 $659,935 12 days
Homes with a Pool 19 $874,459 84 days
Reduced Price Homes 2 $526,500 40 days