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Merritt Island Market Report

$549,431

AVERAGE PRICE OF 358 HOMES

$372,287

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,999,063

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$597,603

AVERAGE PRICE OF 57 NEWLY BUILT HOMES

$685,655

AVERAGE PRICE OF 196 HOMES WITH A POOL

$457,326

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $549,431
Avg Bedrooms 3.53 beds
Avg Bathrooms 2.53 baths

Average Price by Bedrooms

1 bedroom $147,133
2 bedrooms $229,368
3 bedrooms $390,582
4 bedrooms $584,248
5 bedrooms $997,002
Merritt Island Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 362 352 335 323 311
Average Price $552,429 $545,198 $541,115 $538,817 $548,039
Avg Price Change +1.33% +0.75% +0.43% -1.71% -1.42%
Median Price $374,096 $372,566 $372,331 $372,202 $378,701
Med Price Change +0.41% +0.06% +0.03% -1.75% -1.88%
Avg Bedrooms 3.58 beds 3.56 beds 3.57 beds 3.55 beds 3.61 beds
Avg Bathrooms 2.55 baths 2.52 baths 2.5 baths 2.48 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 325 $469,358 90 days
Satellite 21 $1,527,662 129 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 358 $549,431 98 days
Distressed Homes 8 $372,287 72 days
Multi-Million Dollar Homes 35 $1,999,063 137 days
Newly Built Homes 57 $597,603 138 days
Homes with a Pool 196 $685,655 102 days
Reduced Price Homes 23 $457,326 81 days
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