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Merritt Island Market Report

$589,317

AVERAGE PRICE OF 256 HOMES

$293,266

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,172,800

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$657,763

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$710,084

AVERAGE PRICE OF 147 HOMES WITH A POOL

$578,633

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $589,317
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $65,200
2 bedrooms $292,293
3 bedrooms $437,027
4 bedrooms $677,814
5 bedrooms $1,437,119
Merritt Island Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 253 250 246 263 273
Average Price $585,106 $563,099 $557,176 $523,924 $499,645
Avg Price Change +3.91% +1.06% +6.35% +4.86% +0.55%
Median Price $434,249 $426,823 $405,887 $384,944 $389,531
Med Price Change +1.74% +5.16% +5.44% -1.19% +1.20%
Avg Bedrooms 3.37 beds 3.45 beds 3.5 beds 3.43 beds 3.42 beds
Avg Bathrooms 2.44 baths 2.45 baths 2.46 baths 2.44 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 227 $502,836 57 days
Satellite 11 $2,217,546 105 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 256 $589,317 66 days
Distressed Homes 3 $293,266 30 days
Multi-Million Dollar Homes 25 $2,172,800 106 days
Newly Built Homes 32 $657,763 120 days
Homes with a Pool 147 $710,084 68 days
Reduced Price Homes 6 $578,633 46 days
Taranto Realty Team LLC
Jim Taranto
436 Fifth Ave
Indialantic, FL 32903
321-338-5993

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 Jim Taranto - Taranto Realty Team LLC / Dale Sorensen Real Estate Inc. in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
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