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Real Estate Market Trends and Analytics in Merritt Island, FL

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.
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 $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.
32
for sale
2
for rent
466
sold
Price Range
$89K - $5.9M
Avg. SQFT Price
$460
SF Range
550 - 3,838 SF
Beds
1 - 5
Avg. Dom
202 days
Year Built
1960 - 2023

Properties in Merritt Island, FL

685 CARAMBOLA DRIVE, MERRITT ISLAND FL 32952 placeholder 685 CARAMBOLA DRIVE, MERRITT ISLAND FL 32952
New
For Sale
House
$725,000
3 bds 2 ba 2,860 sqft
685 CARAMBOLA DRIVE, MERRITT ISLAND FL 32952
485 GAIL'S WAY, MERRITT ISLAND FL 32953 placeholder 485 GAIL'S WAY, MERRITT ISLAND FL 32953
6 days
For Sale
House
$1,199,999
4 bds 2 ba 2,687 sqft
485 GAIL'S WAY, MERRITT ISLAND FL 32953
268 LAKE SHORE DRIVE, MERRITT ISLAND FL 32953 placeholder 268 LAKE SHORE DRIVE, MERRITT ISLAND FL 32953
-$25K (2023/06/06)
For Sale
House
$575,000
3 bds 2 ba 2,142 sqft
268 LAKE SHORE DRIVE, MERRITT ISLAND FL 32953
225 S TROPICAL TRAIL # 609, MERRITT ISLAND FL 32952 placeholder 225 S TROPICAL TRAIL # 609, MERRITT ISLAND FL 32952
-$6K (2023/06/03)
For Sale
Condo/Co-op
$209,990
2 bds 1 ba 962 sqft
225 S TROPICAL TRAIL # 609, MERRITT ISLAND FL 32952
1475 WILMAR AVENUE, MERRITT ISLAND FL 32952 placeholder 1475 WILMAR AVENUE, MERRITT ISLAND FL 32952
-$75K (2023/06/05)
For Sale
House
$449,900
4 bds 3 ba 2,186 sqft
1475 WILMAR AVENUE, MERRITT ISLAND FL 32952
4840 N COURTENAY PARKWAY, MERRITT ISLAND FL 32953 placeholder 4840 N COURTENAY PARKWAY, MERRITT ISLAND FL 32953
20 days
For Sale
Commercial
$759,000
0 room(s) 3,000 sqft
4840 N COURTENAY PARKWAY, MERRITT ISLAND FL 32953
1370 Eddy, Merritt Island, FL 32952 placeholder 1370 Eddy, Merritt Island, FL 32952
-$40K (2023/05/28)
For Sale
House
$359,000
3 bds 2 ba 1,536 sqft
1370 Eddy, Merritt Island, FL 32952
3395 SUNSET RIDGE DRIVE, MERRITT ISLAND FL 32953 placeholder 3395 SUNSET RIDGE DRIVE, MERRITT ISLAND FL 32953
25 days
For Sale
House
$749,999
4 bds 3 ba 2,730 sqft
3395 SUNSET RIDGE DRIVE, MERRITT ISLAND FL 32953

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