In July 2024, Merritt Island, FL homes were selling for an average price of $614,752, Merritt Island, FL homes on average sell after 52 days on the market compared to 49 days last year. There were 126 homes sold in Merritt Island, FL for July 2024, compared to 136 last year.
The average list price of Merritt Island, FL, was $624,577 in July 2024, compared to $833,369 in July 2023.
Merritt Island, FL Market Trend for Houses
Average List Price
The average list price of houses in Merritt Island, FL, was $747,365 in July 2024, compared to $902,653 in July 2023.
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 $578,544 in July 2024, compared to $209,990 in July 2023.
Merritt Island, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Merritt Island, FL, was $614,583 in July 2024, compared to $815,600 in July 2023.
Merritt Island, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Merritt Island, FL, was $237,475 in July 2024, compared to $350,000 in July 2023.
Merritt Island, FL Housing Market Analysis
The average list price in Merritt Island, FL is $624,577. The average list price in Merritt Island, FL went down 26.73% from 2023 to 2024. Merritt Island, FL home resale inventories is 64, which increased 166.67% since 2023. The average list price per square foot in Merritt Island, FL is $319. 2023 it was $286.
