foreclosure.com

Land Foreclosures in Merritt Island, FL

Search within map
Price
Listing Type Up arrow
Property Type (1) Down arrow
Displaying 1 - 2 of 2
 

Merritt Island, FL Foreclosures

How much do homes sell for in Merritt Island, FL?
The average home price is currently $515,065.
In Merritt Island, FL, how many homes are available?
There are currently 2 active home listings available in Merritt Island.
What’s the average rental cost in Merritt Island, FL?
The average rental price in Merritt Island is $1,594.
What is the most expensive home in Merritt Island?
The most expensive home sold in Merritt Island had a price of $13,695,614.
What is currently the cheapest priced home in Merritt Island, FL?
The cheapest home for sale in Merritt Island is priced at $20,069.

Living in Merritt Island, FL

Merritt Island, FL, is a vibrant community near the Kennedy Space Center that offers a laid-back lifestyle amidst beautiful scenery. With ample recreational opportunities and a friendly atmosphere, it's an ideal place for families and nature lovers. Conveniently located near Cape Canaveral, it features essential amenities while maintaining a peaceful suburban vibe.

Current Market Conditions in Merritt Island, FL

Merritt Island's real estate market is currently seeing a surge in demand, driven by the area's attractive location and proximity to the space industry. Prices have seen a noticeable increase over the last year due to low inventory and high buyer interest, resulting in homes selling quickly.

The market remains competitive, with many properties receiving multiple offers shortly after listing. Buyers are particularly seeking single-family homes with outdoor space, and inventory remains tight, pushing prices upward.

Home Value Estimator For Merritt Island, FL

There are currently 17,876 real estate properties in Merritt Island, FL, with a median automated valuation model (AVM) price of $428,802.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Merritt Island, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Merritt Island, FL, is $515,065.00, with the most expensive house in Merritt Island, FL, topping out at $13,695,614.00 and the cheapest home in Merritt Island, FL, clocking in at $20,069.00. In other words, there’s something for every potential homebuyer or savvy investor in Merritt Island, FL!

Rent Prices In Merritt Island, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Merritt Island, FL, is on a rollercoaster ride. The average rent price in Merritt Island, FL, is $1,594.00. Indeed, when looking to rent in Merritt Island, FL, you can expect to pay as little as $620.00 or as much as $3,860.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Merritt Island, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Merritt Island, FL Land

Market Trend for Merritt Island, FL

Total Listings Available: 2

Market Values:

Home Prices from $20,069 to $13,695,614

Average Sales Price: $515,065

Rental Values:

Rental from $620 to $3,860

Average Rent Value: $1,594 / month

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.