US5.com
  1. Home
  2. States
  3. Florida
  4. ZIP 32952
  5. Housing & Real Estate
Merritt Island CDP, FL

ZIP 32952 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 32952

Median Home Value
$404,000
Median Rent
$1,183
Affordability Snapshot
$111,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,595/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

28.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 32952 in Merritt Island CDP, FL, a household would need roughly $111,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,595. That is roughly in line with the local median household income ($98,651). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
85.3%+30% vs US avg
x
Vacancy Rate
15.1%+46% vs US avg
x
Broadband Access
95.6%+10% vs US avg
x
4+ Bedrooms
6.4%-57% vs US avg
x
Built Pre-1939
0.1%-99% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
14.2%-71% vs US avg
x
Mortgage-Free
46.7%+22% vs US avg
x
$404,000
Home Value
$1,183
Rent
1974
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached85.3%
  • 1-unit attached0.3%
  • 2-9 units3.6%
  • 10+ units6.9%
  • Mobile home & other4.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$404,000
Median rent$1,183
Owner-occupied85.3%
Vacant15.1%
Price-to-income4.1x
Est. income to buy$111,000