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Real Estate Market Trends and Analytics in Merritt Island, FL

In May 2024, Merritt Island, FL homes were selling for an average price of $561,546, Merritt Island, FL homes on average sell after 55 days on the market compared to 39 days last year. There were 138 homes sold in Merritt Island, FL for May 2024, compared to 127 last year.
View all properties for sale in Merritt Island, FL

Merritt Island, FL Market Trend

Average List Price
The average list price of Merritt Island, FL, was $702,950 in May 2024, compared to $657,662 in May 2023.

Merritt Island, FL Market Trend for Houses

Average List Price
The average list price of houses in Merritt Island, FL, was $790,723 in May 2024, compared to $781,354 in May 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 $763,100 in May 2024, compared to $363,350 in May 2023.

Merritt Island, FL Market Trend for Lots/Land

Average List Price
The average list price of lots/land in Merritt Island, FL, was $615,000 in May 2024, compared to $367,557 in May 2023.

Merritt Island, FL Market Trend for Commercial

Average List Price
The average list price of commercial in Merritt Island, FL, was $149,950 in May 2024, compared to $925,000 in May 2023.

Merritt Island, FL Housing Market Analysis

The average list price in Merritt Island, FL is $702,950. The average list price in Merritt Island, FL went up 9.63% from 2023 to 2024. Merritt Island, FL home resale inventories is 39, which increased 2.63% since 2023. The average list price per square foot in Merritt Island, FL is $344. 2023 it was $261.
39
for sale
2
for rent
600
sold
Price Range
$36K - $1.8M
Avg. SQFT Price
$344
SF Range
961 - 103,870 SF
Beds
2 - 6
Avg. Dom
113 days
Year Built
1963 - 2024

Properties in Merritt Island, FL

735 Pilot, Merritt Island, FL 32952 placeholder 735 Pilot, Merritt Island, FL 32952
3 days
For Sale
Condo/Co-op
$745,000
2 bds 2 ba 1,344 sqft
735 Pilot, Merritt Island, FL 32952
735 Pilot, Merritt Island, FL 32952 placeholder 735 Pilot, Merritt Island, FL 32952
3 days
For Sale
Condo/Co-op
$648,000
2 bds 2 ba 1,344 sqft
735 Pilot, Merritt Island, FL 32952
735 Pilot, Merritt Island, FL 32952 placeholder 735 Pilot, Merritt Island, FL 32952
3 days
For Sale
Condo/Co-op
$695,000
3 bds 3 ba 1,344 sqft
735 Pilot, Merritt Island, FL 32952
735 Pilot, Merritt Island, FL 32952 placeholder 735 Pilot, Merritt Island, FL 32952
3 days
For Sale
Condo/Co-op
$1,540,000
3 bds 3 ba 2,178 sqft
735 Pilot, Merritt Island, FL 32952
735 Pilot, Merritt Island, FL 32952 placeholder 735 Pilot, Merritt Island, FL 32952
3 days
For Sale
Condo/Co-op
$560,000
2 bds 2 ba 1,344 sqft
735 Pilot, Merritt Island, FL 32952
735 Pilot, Merritt Island, FL 32952 placeholder 735 Pilot, Merritt Island, FL 32952
3 days
For Sale
Condo/Co-op
$845,000
2 bds 2 ba 1,334 sqft
735 Pilot, Merritt Island, FL 32952
735 Pilot, Merritt Island, FL 32952 placeholder 735 Pilot, Merritt Island, FL 32952
3 days
For Sale
Condo/Co-op
$860,000
3 bds 3 ba 1,632 sqft
735 Pilot, Merritt Island, FL 32952
735 Pilot, Merritt Island, FL 32952 placeholder 735 Pilot, Merritt Island, FL 32952
4 days
For Sale
Condo/Co-op
$745,000
3 bds 3 ba 1,715 sqft
735 Pilot, Merritt Island, FL 32952

Market Trends nearby