Merritt Island, FL, Real Estate
Merritt Island currently has 43 single family homes for sale with an average list price of $702,298, 3 townhouses for sale with an average list price of $502,667, 11 condos for sale with an average list price of $307,964, and 3 lots for sale with an average list price of $1,010,000. The average annual property tax for Merritt Island is $3,209.
Browse Merritt Island
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Merritt Island, i.e. what's hot and what's not.
See What's Hot & What's Not in Merritt Island
Market Trends
Merritt Island home sales for the month of October rose in volume by 37.5% when compared to last year, while the median sale price rose by 61.2% from $352,500 to $568,255. House sales rose by 25%, while the median sale price rose by 61.7% from $352,500 to $569,861. Condo sales stayed the same, while the median sale price stayed the same.
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119
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101
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83
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124
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| 2020 | 2021 | 2022 | 2023 |
| # of sales per year | |||
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$370,000
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$399,999
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$465,000
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$470,250
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| 2020 | 2021 | 2022 | 2023 |
| median sale price per year | |||
Median Sale Price for Merritt Island
Number of Sales for Merritt Island
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