In December 2024, Merritt Island, FL homes were selling for an average price of $557,589, Merritt Island, FL homes on average sell after 64 days on the market compared to 55 days last year. There were 121 homes sold in Merritt Island, FL for December 2024, compared to 139 last year.
The average list price of Merritt Island, FL, was $640,375 in December 2024, compared to $574,967 in December 2023.
Merritt Island, FL Market Trend for Houses
Average List Price
The average list price of houses in Merritt Island, FL, was $803,492 in December 2024, compared to $589,390 in December 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 $529,350 in December 2024, compared to $279,825 in December 2023.
Merritt Island, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Merritt Island, FL, was $763,750 in December 2024, compared to $987,500 in December 2023.
Merritt Island, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Merritt Island, FL, was $190,000 in December 2024, compared to $550,000 in December 2023.
Merritt Island, FL Housing Market Analysis
The average list price in Merritt Island, FL is $640,375. The average list price in Merritt Island, FL went up 12.66% from 2023 to 2024. Merritt Island, FL home resale inventories is 62, which increased 121.43% since 2023. The average list price per square foot in Merritt Island, FL is $328. 2023 it was $257.
