Momentum Housing Data · Home Values · Osceola County

OAK ISLAND COVE Home Values: What Homes Actually Sell For

OAK ISLAND COVE (KISSIMMEE, FL): 3 recorded closings in the 12 months ending 2026-08-02, a 7-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

In the current window, sellers accepted a median 93.2% of original asking; the median sale took 77 days (window ending 2026-08-02).

The 7-year recorded price history

Over the recorded series, OAK ISLAND COVE’s median sold price moved from $194,500 (2016) to $495,000 (12 months ending 2026-08-02) — +154% over that span, with every year’s figure from recorded closings, not a model.

The last decade in OAK ISLAND COVE, briefly

The recorded series starts in 2016 at $194,500. Against the 2022 peak of $515,000, the current median stands at -4%. Annual sales volume here has ranged from 0 to 11 closings a year (10-yr average 4.1). With roughly 4.1 closings a year, OAK ISLAND COVE’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

What actually trades here: 99% single-family residence, 1% villa, with a median of 2,677 sq ft and a median price per square foot of $185 in the current window.

Where OAK ISLAND COVE sales actually landed, 2024–2026

Of the 14 recorded OAK ISLAND COVE closings since 2024, half landed between $425,000 and $490,000 (the middle two quartiles); the lowest recorded sale was $400,000 and the highest $590,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

What is on the market in OAK ISLAND COVE right now

From the live MLS feed as of 2026-09-03: 5 active listings (plus 0 pending) asking from $365,000 to $469,900, median $459,900; 0 of 5 have been on the market over 60 days (median 16 days so far); the homes listed or recently sold were built between 2000 and 2002 (median 2001); 7 of 8 listed or recently sold homes report an HOA, median $89/mo; none of the 8 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 111 ft). For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current OAK ISLAND COVE listings →

At OAK ISLAND COVE’s $495,000 median and Osceola County’s adopted 15.23 mills (FY2025-26), a home assessed at that price carries roughly $7,540 a year in property tax before exemptions, or about $6,940 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Osceola County tax page.

Selling in OAK ISLAND COVE right now: what the record says

Current asking prices run a median $457,900 against the $495,000 recorded sold median (-7%) — the gap between what sellers hope and what the record shows. The market is carrying about 6 months of supply at the current sales pace. Demand check: 33% of OAK ISLAND COVE’s listings are under contract, against 12% for ZIP 34747 and 21% for Osceola County as a whole — the community is absorbing faster than its surroundings. Since 2005, 128 OAK ISLAND COVE listings were withdrawn, canceled, or expired without selling (3 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 76% of OAK ISLAND COVE listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 75%. Momentum’s market-heat index for OAK ISLAND COVE reads 34/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 25% of recorded OAK ISLAND COVE sales in the window ending 2026-06 (1 of 4) — a fact worth knowing before assuming every buyer needs an appraisal to close. Asking prices here currently sit -7% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.

How OAK ISLAND COVE compares with its neighbors

Communities buyers shopping OAK ISLAND COVE are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

More OAK ISLAND COVE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures