Property prices for sale in Merritt Island (Florida)

The prices in real estate in Merritt Island, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$461,023.83
Average price last 6 months
$244
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Merritt Island has increased during the last 6 months. In November, the average price per sq.feet was $220. In December this price pretty much remained the same at a value of $229 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $224.5 to $220.5 per sq.feet. The price per sq.feet has had a considerable increase of 129 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $222.5 to $287 during March, and April.

Average price

Based upon to the price in Merritt Island (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $419,316. In December This price remains at $415,647. In the following two months the average price has remained the same with regard to the previous two months from $417,481.5 to $436,720. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $519,329 they are 67 % more affordable than the average price for Merritt Island. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $436,744.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $234 / sq.feet, with an average $277 / sq.feet price in Merritt Island. The properties with the highest average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 4 bedrooms with a price at $285 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $519,329 it is 45 % cheaper than the average price in Merritt Island. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $397,006 it is 3 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $124 / sq.feet followed by "House" priced at $270 / sq.feet. "Commercial" is the most costly type of property with a $534 / sq.feet cost followed by "Condo" with an average price of $276 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Merritt Island
Number of properties used in region Florida
$519,329
$277
4,646
1,520,772
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
4 Bed, 2 Bath New Home Plan In Merritt Island, Fl
 20
4 Bed, 2 Bath New Home Plan In Merritt Island, Fl
$567,100
Merritt Island, Florida - For Sale - House - 3,230 sq.feet - 4 bedrooms - 2 bathrooms
In the community of the island forest preserve. This plan home is priced from $567,100 and has 4 bedrooms, 2 baths, is 3,230 square feet, and has a 2-car garage. The island forest...
3 Bed, 2 Bath New Home Plan In Merritt Island, Fl
 16
3 Bed, 2 Bath New Home Plan In Merritt Island, Fl
$493,900
Merritt Island, Florida - For Sale - House - 2,066 sq.feet - 3 bedrooms - 2 bathrooms
In the community of the island forest preserve. This plan home is priced from $493,900 and has 3 bedrooms, 2 baths, is 2,066 square feet, and has a 2-car garage. The island forest...
3 Bed, 2 Bath New Home Plan In Merritt Island, Fl
 33
3 Bed, 2 Bath New Home Plan In Merritt Island, Fl
$493,900
Merritt Island, Florida - For Sale - House - 2,044 sq.feet - 3 bedrooms - 2 bathrooms
In the community of the island forest preserve. This plan home is priced from $493,900 and has 3 bedrooms, 2 baths, is 2,044 square feet, and has a 2-car garage. The island forest...
4 Bed, 2 Bath New Home Plan In Merritt Island, Fl
 35
4 Bed, 2 Bath New Home Plan In Merritt Island, Fl
$495,900
Merritt Island, Florida - For Sale - House - 2,151 sq.feet - 4 bedrooms - 2 bathrooms
In the community of the island forest preserve. This plan home is priced from $495,900 and has 4 bedrooms, 2 baths, is 2,151 square feet, and has a 2-car garage. The island forest...
4 Bed, 3 Bath New Home Plan In Merritt Island, Fl
 36
4 Bed, 3 Bath New Home Plan In Merritt Island, Fl
$512,900
Merritt Island, Florida - For Sale - House - 2,286 sq.feet - 4 bedrooms - 3 bathrooms
In the community of the island forest preserve. This plan home is priced from $512,900 and has 4 bedrooms, 3 baths, is 2,286 square feet, and has a 2-car garage. The island forest...