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Merritt Island, FL 32953 Real Estate & Property Data

Merritt Island, FL 32953 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 428 residential properties have been sold over the past 12 months in 32953. With a median sales price of $642,500 in 32953 and a total of 2 foreclosures in Merritt Island, FL 32953. Discover market trends and get the granular level real estate data for Merritt Island, FL 32953 to keep your pulse on the housing market. Curate compelling home reports for Merritt Island, FL 32953 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 9,567

Total Commercial Properties 532

Avg. Home Age (Single Family Home) 43 Years

Avg. Square Feet (Single Family Home) 1,972

Total 2025 Residential Sales (year-to-date) 53

% of Homes Seriously Underwater (Q2 2025) 0.75%

Total 2024 Residential Sales 402

% of Equity Rich Homes (Q2 2025) 41.7%

Effective 2024 Property Tax 0.72%

Total Foreclosure Filings (year-to-date) 7

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Merritt Island, FL 32953 Real Estate Overview

There were 428 residential properties sold in the past year in Merritt Island, FL 32953. The median home value in Merritt Island, FL 32953 is $435,586. There are a total of 9,567 residential properties in the 32953.

Median Sales Price i

$642,500

(Feb 2025)

+38.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $642,500
January '25 Jan '25 $515,000
December '24 Dec '24 $480,000
November '24 Nov '24 $415,000
October '24 Oct '24 $555,100
September '24 Sep '24 $595,000
August '24 Aug '24 $610,000
July '24 Jul '24 $537,000
June '24 Jun '24 $477,500
May '24 May '24 $445,000
April '24 Apr '24 $442,500
March '24 Mar '24 $520,000

Median Down Payment i

$143,000

(Feb 2025)

+70.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $143,000
January '25 Jan '25 $88,000
December '24 Dec '24 $60,000
November '24 Nov '24 $50,000
October '24 Oct '24 $120,075
September '24 Sep '24 $81,700
August '24 Aug '24 $58,600
July '24 Jul '24 $88,125
June '24 Jun '24 $32,000
May '24 May '24 $78,750
April '24 Apr '24 $78,000
March '24 Mar '24 $73,500

Number of Homes Sold i

(Feb 2025)

-15.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 28
January '25 Jan '25 25
December '24 Dec '24 33
November '24 Nov '24 24
October '24 Oct '24 27
September '24 Sep '24 32
August '24 Aug '24 26
July '24 Jul '24 39
June '24 Jun '24 35
May '24 May '24 55
April '24 Apr '24 35
March '24 Mar '24 36

Number of Purchase Loans i

(Feb 2025)

-21.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 15
January '25 Jan '25 14
December '24 Dec '24 26
November '24 Nov '24 20
October '24 Oct '24 17
September '24 Sep '24 21
August '24 Aug '24 16
July '24 Jul '24 33
June '24 Jun '24 27
May '24 May '24 35
April '24 Apr '24 26
March '24 Mar '24 18

Number of REFI Loans i

(Feb 2025)

-23.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 13
January '25 Jan '25 19
December '24 Dec '24 13
November '24 Nov '24 14
October '24 Oct '24 13
September '24 Sep '24 11
August '24 Aug '24 7
July '24 Jul '24 11
June '24 Jun '24 12
May '24 May '24 15
April '24 Apr '24 19
March '24 Mar '24 9

Number of HELOC Loans i

(Feb 2025)

-25%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 9
January '25 Jan '25 11
December '24 Dec '24 11
November '24 Nov '24 11
October '24 Oct '24 6
September '24 Sep '24 8
August '24 Aug '24 6
July '24 Jul '24 13
June '24 Jun '24 10
May '24 May '24 13
April '24 Apr '24 13
March '24 Mar '24 13

Merritt Island, FL 32953 Real Estate Market Overview

Last 30 days

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Merritt Island, FL 32953 Foreclosure Activity

There were a total of 2 Merritt Island, FL 32953 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 1 Merritt Island, FL 32953 properties and repossessed 1 Merritt Island, FL 32953 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

-33.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years