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Real Estate Market Trends and Analytics in Merritt Island, FL

In September 2022, Merritt Island, FL homes were selling for an average price of $1,034,490, Merritt Island, FL homes on average sell after 108 days on the market compared to 217 days last year. There were 361 homes sold in Merritt Island, FL for September 2022, up from 260 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 $1,034,490 in September 2022, compared to $1,435,806 in September 2021.

Merritt Island, FL Market Trend for Houses

Average List Price
The average list price of houses in Merritt Island, FL, was $1,106,172 in September 2022, compared to $1,452,390 in September 2021.

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 $642,257 in September 2022, compared to $75,000 in September 2021.

Merritt Island, FL Market Trend for Lots/Land

Average List Price
The average list price of lots/land in Merritt Island, FL, was $290,428 in September 2022, compared to $387,500 in September 2021.

Merritt Island, FL Market Trend for Commercial

Average List Price
The average list price of commercial in Merritt Island, FL, was $2,110,000 in September 2022, compared to $2,533,000 in September 2021.

Merritt Island, FL Housing Market Analysis

The average list price in Merritt Island, FL is $1,034,490. The average list price in Merritt Island, FL went down 27.95% from 2021 to 2022. Merritt Island, FL home resale inventories is 42, which increased 162.50% since 2021. The average list price per square foot in Merritt Island, FL is $432. 2021 it was $462.
42
for sale
1
for rent
361
sold
Price Range
$125K - $10M
Avg. SQFT Price
$432
SF Range
984 - 15,127 SF
Beds
2 - 10
Avg. Dom
719 day(s)
Year Built
1929 - 2023

Properties in Merritt Island, FL

2240 Marsh Harbor, Merritt Island, FL 32952
-$151K (552749811Z)
For Sale
House
$749,000
6 bds 4 ba
2240 Marsh Harbor, Merritt Island, FL 32952
650 Azalea Ave., Merritt Island, FL 32952
New
For Sale
Commercial
$1,800,000
0 room(s)
650 Azalea Ave., Merritt Island, FL 32952
735 Pilot Lane, Merritt Island, FL 32952
New
For Sale
Condo/Co-op
$593,624
3 bds 3 ba 1,632 sqft
735 Pilot Lane, Merritt Island, FL 32952
735 Pilot Lane, Merritt Island, FL 32952
New
For Sale
Condo/Co-op
$583,440
2 bds 2 ba 1,792 sqft
735 Pilot Lane, Merritt Island, FL 32952
975 N TROPICAL TRAIL, MERRITT ISLAND FL 32953
New
For Sale
House
$335,000
4 bds 2 ba 1,408 sqft
975 N TROPICAL TRAIL, MERRITT ISLAND FL 32953
4555 N COURTENAY PARKWAY, MERRITT ISLAND FL 32953
New
For Sale
Land
$255,000
1.48 acres
4555 N COURTENAY PARKWAY, MERRITT ISLAND FL 32953
1420 GLEN HAVEN DRIVE, MERRITT ISLAND FL 32952
1 days
For Sale
House
$465,000
3 bds 2 ba 1,132 sqft
1420 GLEN HAVEN DRIVE, MERRITT ISLAND FL 32952
5344 JUDSON ROAD, MERRITT ISLAND FL 32953
1 days
For Sale
House
$525,000
3 bds 2 ba 1,639 sqft
5344 JUDSON ROAD, MERRITT ISLAND FL 32953

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