North Merritt Island, FL
Housing market overview · Updated weekly
$670,000median sale price
Homes sold
19
Last 12 weeks
Days on market
69
Average pace
Active listings
48
2.5 months supply
Sale-to-list
96.8%
Below asking
The North Merritt Island housing market is currently classified as a balanced market with a median sale price of $670,000. Prices have risen 4.7% compared to last year, with homes spending an average of 69 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in North Merritt Island
There are currently 48 homes listed for sale in North Merritt Island, Florida. The median listing price is $680K.
Active listings
48
Homes on market
Median list price
$680K
Avg. days on market
69
Days until sale
New this week
16
Newly listed
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Frequently asked questions
What is the average home price in North Merritt Island?
The median home sale price in North Merritt Island is $670,000, up 4.7% from last year.
How long do homes stay on market in North Merritt Island?
Homes typically spend 69 days on market before going under contract.
Is North Merritt Island a buyer's or seller's market?
With 2.5 months of supply, North Merritt Island is currently a balanced market.
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