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Merritt Island Real Estate Overview

Today, December 2, 2009

Market View for Merritt Island

Info
Avg. Listing Price $405,273 Wk ending Nov 25
+$2,742
+0.7%
w-o-w
Median Sales Price $150,000 Aug '09 - Oct '09
-$49,500
-24.8%
y-o-y
605Homes For Sale 1Open Homes
424Recently Sold 375Foreclosures

Market Trends for Merritt Island

Embed Info
Listing price – Merritt Island
Average Listing Price
$405,273
+0.7%
w-o-w
Median Sales Price
$150,000
-24.8%
y-o-y
Average price/sqft
$113
-6.6%
y-o-y
Number of Sales
165
+37.5%
y-o-y
More Merritt Island Market Trends
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Home Prices for Brevard County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 25
 
w-o-w

32940
$297,432
+1.0%
32931
$387,023
+2.4%
32952
$491,175
+0.7%
32951
$598,143
+1.3%
32937
$439,115
+1.1%
 
Movers & Shakers
Avg. listing price
Week ending Nov 25
 
w-o-w

32820
$785,924
+104.7%
32821
$185,704
+9.8%
32824
$182,079
-8.3%
32805
$146,935
+7.5%
32809
$302,030
+7.2%
 
View Brevard County Home Prices Map
 

Merritt Island Summary

Average price per square foot for Merritt Island FL was $113, a decrease of 6.6% compared to the same period last year. The median sales price for homes in Merritt Island FL for Aug 09 to Oct 09 was $150,000 based on 165 home sales. Compared to the same period one year ago, the median home sales price decreased 24.8%, or $49,500, and the number of home sales increased 37.5%.

There are currently 605 resale and new homes in Merritt Island on Trulia, including 1 open house, as well as 375 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Merritt Island FL was $405,273 for the week ending Nov 25, which represents an increase of 0.7%, or $2,742, compared to the prior week.

 

Schools in Merritt Island

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Brevard County School District
Public
PK - 12
102
70,658
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Mila Elementary School
Public
PK - 6
R L Stevenson School - Arts
Public
K - 6
Merritt Island High School
Public
9 - 12
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Merritt Island Schools
 

Community Info for Merritt Island

Info
More Merritt Island Community Info

Homes for Sale in Merritt Island

1530 Bream Street, Merritt Island FL
1530 Bream…
$339,000
3 br  2 ba
110 Melbourne Avenue, Merritt Island FL
110 Melbou…
$109,900
3 br  2 ba
4840 Honeyridge Lane, Merritt Island FL
4840 Honey…
$2,250,000
5 br  5 ½ ba
Address Not Disclosed, Merritt Island FL
Address Not…
$229,000
3 br  2 ba
775 Lakewood Circle, Merritt Island FL
775 Lakewo…
$399,000
5 br  2 ba
210 North Grove Street, Merritt Island FL
210 N Grove…
$450,000
 
View all Merritt Island Homes for Sale
 
Stats & Trends
Merritt Island

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 32952
  • 32953
  • 32954
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Nearby Cities

Cities
Median
sales price
Average
listing price
Rockledge
$168,750
$281,053
Cocoa Beach
$222,500
$388,162
Cocoa
$105,500
$198,019
Cape Canaveral
$137,500
$223,519
Viera
$160,000
$394,214
Port Saint John
$82,000
$112,193
Local Spotlight
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Advice

Recent Q&A in Merritt Island, FL

Q: I am looking for info on homes going to auction. Is this house in foreclosure? offer the bank before auction? 2 answers
Q: What is a As Is FarBAr contract? Thanks 2 answers
Q: Where can I find information regarding bus zones and if a school bus will pick up my child where we live? 3 answers
Q: there is a foreclosure property listed for $10,000 can you really purchase it for that price? 2 answers
Q: My family is pondering a job transfer where my husband would be employed at the MCO airport. We looked at the 1 answer

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More Advice:
  • Recent Q&A in Merritt Island, FL
  • Recent blog posts in Merritt Island, FL
  • Find a real estate professional Merritt Island, FL

Nearby Cities Real Estate

  • Rockledge Real Estate
  • Cocoa Beach Real Estate
  • Cocoa Real Estate
  • Cape Canaveral Real Estate
  • Viera Real Estate
  • Port Saint John Real Estate

Nearby Cities Sold Homes

  • Rockledge Sold Homes
  • Cocoa Beach Sold Homes
  • Cocoa Sold Homes
  • Cape Canaveral Sold Homes
  • Viera Sold Homes
  • Port Saint John Sold Homes

Nearby Cities Home Prices

  • Rockledge Home Prices
  • Cocoa Beach Home Prices
  • Cocoa Home Prices
  • Cape Canaveral Home Prices
  • Viera Home Prices
  • Port Saint John Home Prices

Merritt Island Stats & Trends

  • Merritt Island Market Trends
  • Merritt Island Schools
  • Merritt Island Community Info
  • Merritt Island Home Prices
  • Merritt Island Real Estate
  • Merritt Island Recently Sold Homes

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Merritt Island real estate—use Trulia to find real estate in Merritt Island as well real estate in other cities in Florida. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Merritt Island real estate trends, market activity, and neighborhood information. Before buying a house in Merritt Island, research real estate on Trulia. Understanding the Merritt Island real estate market is your first step to buying a home in Merritt Island, Florida. Our real estate guide gives your a valuable overview of the Merritt Island real estate market—find Merritt Island properties, sales statistics, real estate price trends, real estate market activity, comparisons of Merritt Island schools or Florida schools, and general demographic information for Merritt Island, FL. Trulia's real estate guide combines a Merritt Island map with a detailed list of Merritt Island neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Merritt Island.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

  
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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