In June 2023, Merritt Island, FL homes were selling for an average price of $564,882, Merritt Island, FL homes on average sell after 43 days on the market compared to 28 days last year. There were 127 homes sold in Merritt Island, FL for June 2023, compared to 113 last year.
The average list price of Merritt Island, FL, was $882,468 in June 2023, compared to $966,703 in June 2022.
Merritt Island, FL Market Trend for Houses
Average List Price
The average list price of houses in Merritt Island, FL, was $929,778 in June 2023, compared to $609,782 in June 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 $482,034 in June 2023, compared to $514,720 in June 2022.
Merritt Island, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Merritt Island, FL, was $391,975 in June 2023, compared to $999,999 in June 2022.
Merritt Island, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Merritt Island, FL, was $1,931,600 in June 2023, compared to $2,716,300 in June 2022.
Merritt Island, FL Housing Market Analysis
The average list price in Merritt Island, FL is $882,468. The average list price in Merritt Island, FL went down 6.65% from 2022 to 2023. Merritt Island, FL home resale inventories is 32, which increased 39.13% since 2022. The average list price per square foot in Merritt Island, FL is $460. 2022 it was $504.
