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Area data

Merritt island, FL — ZIP 32953

Population: 24,759 (Census ACS)

Home values & appreciation

Median home value
$426,993
1-year appreciation
-0.4%
3-year appreciation
-3.5%
5-year appreciation
+18.8%
10-year appreciation
+81.4%
All-time peak (2024-04)
$450,864
House Price Index
542.2 (-2.6% YoY)

Market activity

Median sale price
$372,500
Median list price
$283,395
Median days on market
69 days
Sale-to-list ratio
97.7%
Active listings
5
1-year forecast
+0.2%
Days to pending
72 days
New listings (monthly)
42

Rents

Typical rent
$2,235/mo
1-year rent change
+4.2%
1BR fair-market rent
$1,310/mo
3BR fair-market rent
$2,070/mo

Affordability

Cost of living index (Above Average)
101.0 (100 = US avg)
Electricity rate (state-level)
15.2¢/kWh
Natural gas rate (state-level)
$25.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
2
Middle schools
0
High schools
3

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hurricane, lightning, inlandFlooding, strongWind, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
51.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
279

Walkability & transit

Walkability index
5.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Canaveral National Seashore (24 mi)
Nearest airport
Merritt Island Airport (COI) (7 mi)
Nearest major airport
Space Coast Regional Airport (TIX) (8 mi)
Hospitals nearby (~15 mi)
5
Avg hospital rating
3.8 / 5
Solar radiation rating
Good (4.9 kWh/m²/day)

Migration

Net migration
+6,872 tax filers

Housing stock

Median year housing built
1,982
Median annual property tax
$2,672
Mean commute to work
22 min
Households with broadband internet
82.1%

Employment & development

Total county employment
210,348
Average weekly wage
$1,250
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
3,754

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents