Zip 32952 (Merritt Island, FL) Housing


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Merritt Island, FL (32952) has a median housing value of $442,000. This is significantly higher than the US House Median Value of $338,100 and far exceeds the national average in terms of appreciation over the last year at 20.52%, compared to 8.27% for the country as a whole. Merritt Island offers an attractive option for people looking to purchase property due to its strong market performance and desirable location in Florida. With house values continuing to appreciate, investing in property here may be worth considering for those seeking long-term returns.

The median home cost in Merritt Island (zip 32952) is $442,000. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Merritt Island (zip 32952) is up 26.8%.

Average Age of Homes
- The median age of Merritt Island (zip 32952) real estate is 41 years old
The Rental Market in Merritt Island (zip 32952)
- Renters make up 15.8% of the Merritt Island (zip 32952) population
- 2.3% of houses and apartments in Merritt Island (zip 32952), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMerritt Island, FloridaUnited States
  10,043.0139,647,020.0
  4742
  $442,000$338,100
  26.8%16.6%
  85.7%57.0%
  211.6%101.1%
  $7.34$10.98
  $2,453$2,690
  69.4%57.4%
  18.1%11.2%
  12.5%31.4%
  Vacant Housing
  2.3%1.9%
  0.0%0.4%
  1.5%0.7%
  0.2%0.4%
  9.0%3.6%
  5.1%4.1%
  Value of Owner-Occupied Housing
  1.4%2.6%
  0.9%2.4%
  0.3%2.8%
  0.8%3.9%
  1.6%4.5%
  5.7%11.3%
  12.0%13.0%
  19.9%20.1%
  21.5%13.6%
  16.1%8.3%
  10.3%9.7%
  4.2%3.9%
  2.1%2.2%
  1.8%0.8%
  1.4%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  8.3%13.6%
  8.3%13.6%
  12.2%13.6%
  18.2%13.2%
  16.2%14.8%
  12.2%13.6%
  9.2%10.0%
  0.0%4.7%
  1.0%12.2%
Reviews for Merritt Island
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Over 9 years ago

Love my Island. I found a place I feel at home in. On the the waterways near the Atlantic Ocean. Its teaming with life. Sunny days are long. beaches are fabulous.   More

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Over 18 years ago

This area is getting more and more congested but is still a true Florida experience with the ocean just a bridge island hop away. I would advise caution walking alone  More

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