In May 2024, Merritt Island, FL homes were selling for an average price of $556,640, Merritt Island, FL homes on average sell after 55 days on the market compared to 38 days last year. There were 141 homes sold in Merritt Island, FL for May 2024, compared to 123 last year.
The average list price of Merritt Island, FL, was $765,703 in May 2024, compared to $676,923 in May 2023.
Merritt Island, FL Market Trend for Houses
Average List Price
The average list price of houses in Merritt Island, FL, was $884,563 in May 2024, compared to $828,928 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 $259,950 in May 2024, compared to $284,725 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 $179,925 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 $765,703. The average list price in Merritt Island, FL went up 19.42% from 2023 to 2024. Merritt Island, FL home resale inventories is 50, which increased 31.58% since 2023. The average list price per square foot in Merritt Island, FL is $312. 2023 it was $261.
