Merritt Island, FL—32953
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$417,000
3.7% YoY Growth
Household Income
$84,200
47.1% YoY Growth
Days on Market
82
8.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$2,150
3.7% YoY Growth
1-Bed Rent
$1,150
5.4% YoY Growth
2-Bed Rent
$1,650
5.8% YoY Growth
3-Bed Rent
$2,740
5.6% YoY Growth
Other Zip Codes in Merritt Island, FL
Home Price Trends — Merritt Island, FL
As of Dec '25, the median home price in Merritt Island, FL is $417,000, with a year-over-year change of -3.7%. This indicates that home prices in Merritt Island, FL are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $417,000 | -3.7% |
| Single Family | $438,000 | -3.1% |
| Condos | $206,000 | -7.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |