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Merritt Island, FL 32953 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Merritt Island, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 5555PendingPending sales: 44
Merritt Island, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $313k$313kSoldMedian sold price (last 6 months): $420k$420k
What homes actually sell for in Merritt Island, FL
Distribution of 302 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $265k to $599k
$49k to $160k: 36 sales$49k$160k to $271k: 34 sales$271k to $383k: 55 sales55sales$271k$383k to $494k: 51 sales$494k to $606k: 43 sales$494k$606k to $717k: 31 sales$717k to $829k: 17 sales$717k$829k to $940k: 9 salesMedian $420k

What the numbers say

As of September 14, 2026, Resideline is tracking 55 active listings and 4 pending sales in ZIP code 32953. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $312,990, while the median of the 302 closed sales Resideline tracked over the last six months was $420,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 32953 for 65 days.

Frequently asked questions

What is the median home price in 32953?

The median closed sale price in Merritt Island, FL 32953 was $420,000 over the last six months, based on 302 closed sales tracked by Resideline. The middle half of those sales ranged from $265,000 to $599,000.

Is 32953 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 55 active listings in 32953, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 32953 currently looks like a balanced market.

Nearby ZIP code market data

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