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Merritt Island Market Report

$481,998

AVERAGE PRICE OF 315 HOMES

$371,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,955,494

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$502,219

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$555,047

AVERAGE PRICE OF 168 HOMES WITH A POOL

$467,212

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $481,998
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $124,816
2 bedrooms $296,205
3 bedrooms $384,048
4 bedrooms $523,646
5 bedrooms $791,904
Merritt Island Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 270 210 228 227 252
Average Price $502,041 $521,333 $518,527 $530,906 $573,402
Avg Price Change -3.84% +0.54% -2.39% -8.00% -2.07%
Median Price $390,975 $394,473 $385,540 $387,335 $394,735
Med Price Change -0.89% +2.32% -0.47% -1.91% -2.00%
Avg Bedrooms 3.42 beds 3.41 beds 3.38 beds 3.44 beds 3.52 beds
Avg Bathrooms 2.4 baths 2.4 baths 2.39 baths 2.44 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 295 $448,643 88 days
Satellite 7 $1,242,114 100 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 315 $481,998 89 days
Distressed Homes 3 $371,000 121 days
Multi-Million Dollar Homes 16 $1,955,494 92 days
Newly Built Homes 63 $502,219 153 days
Homes with a Pool 168 $555,047 84 days
Reduced Price Homes 8 $467,212 30 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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