In November 2023, Merritt Island, FL homes were selling for an average price of $559,901, Merritt Island, FL homes on average sell after 54 days on the market compared to 25 days last year. There were 141 homes sold in Merritt Island, FL for November 2023, compared to 104 last year.
The average list price of Merritt Island, FL, was $679,558 in November 2023, compared to $826,393 in November 2022.
Merritt Island, FL Market Trend for Houses
Average List Price
The average list price of houses in Merritt Island, FL, was $795,617 in November 2023, compared to $935,698 in November 2022.
Merritt Island, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Merritt Island, FL, was $493,867 in November 2023, compared to $697,000 in November 2022.
Merritt Island, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Merritt Island, FL, was $600,143 in November 2023, compared to $281,600 in November 2022.
Merritt Island, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Merritt Island, FL, was $579,650 in November 2023, compared to $1,500,000 in November 2022.
Merritt Island, FL Housing Market Analysis
The average list price in Merritt Island, FL is $679,558. The average list price in Merritt Island, FL went down 17.77% from 2022 to 2023. Merritt Island, FL home resale inventories is 53, which increased 43.24% since 2022. The average list price per square foot in Merritt Island, FL is $322. 2022 it was $283.
