In April 2024, Merritt Island, FL homes were selling for an average price of $557,959, Merritt Island, FL homes on average sell after 55 days on the market compared to 37 days last year. There were 146 homes sold in Merritt Island, FL for April 2024, compared to 121 last year.
The average list price of Merritt Island, FL, was $767,457 in April 2024, compared to $712,011 in April 2023.
Merritt Island, FL Market Trend for Houses
Average List Price
The average list price of houses in Merritt Island, FL, was $872,252 in April 2024, compared to $864,022 in April 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 $259,950 in April 2024, compared to $255,000 in April 2023.
Merritt Island, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Merritt Island, FL, was $666,428 in April 2024, compared to $367,557 in April 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 April 2024, compared to $925,000 in April 2023.
Merritt Island, FL Housing Market Analysis
The average list price in Merritt Island, FL is $767,457. The average list price in Merritt Island, FL went up 8.97% from 2023 to 2024. Merritt Island, FL home resale inventories is 48, which increased 37.14% since 2023. The average list price per square foot in Merritt Island, FL is $302. 2023 it was $277.