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Merritt Island, FL 32953 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Merritt Island, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 5050PendingPending sales: 33
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): $299k$299kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Merritt Island, FL
Distribution of 270 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $265k to $599k
$49k to $158k: 30 sales$49k$158k to $268k: 28 sales$268k to $377k: 47 sales$268k$377k to $487k: 49 sales49sales$487k to $596k: 37 sales$487k$596k to $706k: 31 sales$706k to $815k: 18 sales$706k$815k to $925k: 6 salesMedian $425k

What the numbers say

As of October 26, 2026, Resideline is tracking 50 active listings and 3 pending sales in ZIP code 32953. That pending-to-active ratio of 0.06 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $298,750, while the median of the 270 closed sales Resideline tracked over the last six months was $425,000. 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 84 days.

Frequently asked questions

What is the median home price in 32953?

The median closed sale price in Merritt Island, FL 32953 was $425,000 over the last six months, based on 270 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 3 pending sales against 50 active listings in 32953, a pending-to-active ratio of 0.06. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 32953 is currently a typical-pace market.

Nearby ZIP code market data

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