Merritt Island Real Estate Market
The median sale price for homes in Merritt Island over the last 12 months is $136,400.
The median mortgage debt is $86,245.
The price per square foot for listings in this area is $146.
The median sale price in January for single family homes is $185,000. The sale prices increased by 2.77% from the previous month.
The price per square foot for sales in this area is $66.
The number of active listings in Merritt Island increased by 0.9% from the previous month.
The median number of days active properties have been listed is 92.
The number of sales in January dropped by 84.7% from the previous month.
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.