Citrus River Groves in Merritt Island

Citrus River Groves
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County · ZIP 32953
Median sale $460K
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily

As of September 2026, Citrus River Groves in Merritt Island, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $460,250, $236 per square foot, a median 29 days on market, sellers accepting 95% of original asking. Homes listed or recently sold were built 1981–1987. At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,180 ($6,560 with the full homestead exemption).

Live · Citrus River Groves Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$460K
Median sold · 12 mo
$236/sf
Sold $/sqft · 12 mo
peak $254 in 2024
95.4%
Sale vs ask
Brevard median: 95.6%
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
30days
Median DOM · closed
8 days at the 2022 low
0%
Under contract
Brevard: 27% (1,495 of 5,582)
2 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 5 a year
Track record · 22 years of records
1,953sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Citrus River Groves is condition-driven more than anything else. With a median around $460,250 and a median of roughly $236 per square foot, what a specific home fetches here depends heavily on updates, layout, and lot rather than a tidy neighborhood price band. Treat the median as a reference point, not a ceiling or a floor.

The market posture is fairly balanced and moving at a normal clip. A median of just under 30 days on market means well-prepared, correctly priced homes trade without drama, while overpriced or dated listings will sit. Buyers have room to be selective; sellers who lean on preparation and realistic pricing hold the advantage.

Citrus River Groves Housing Pulse · Momentum Research · as of September 12, 2026

Citrus River Groves right now

🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 12, 2026. Confidence: Medium (2 active and pending listings, 4 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Citrus River Groves market snapshot (as of September 12, 2026): the median sale price is about $460K ($236 per sq ft over the trailing 12 months of closed sales), a median 30 days on market for closed sales, and 6.0 months of supply, a balanced market.

Citrus River Groves is a Merritt Island pocket in Brevard County where pricing tracks the individual home more than any shared community feature. The current snapshot rests on a thin set of recent closings, so read each new sale carefully rather than assuming a firm trend.

Best for

  • Buyers targeting a particular home whose value rests on condition and location, not shared amenities
  • Buyers comfortable underwriting off a small set of comparables with guidance
  • Sellers willing to invest in preparation and price to the current, balanced market

Probably not for

  • Buyers who want resort-style or shared community amenities on site
  • Buyers needing a broad, deep inventory to compare many options at once
  • Sellers expecting the median to justify a price the home's condition does not support

Windows contain 0 to 9 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K20122014201620182020202220242026
Every sale since 2004 · price vs size
$0$200K$400K$600K2k3k
92 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $88 in 2012 to a $254 peak in 2024; $236 now.
Median days on market · closed sales
025507520122014201620182020202220242026
8 days at the 2022 low; 30 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
95.4% now vs Brevard 95.6%.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 9 a year; 4 in the current window.
How much local inventory is already under contract

28% of homes for sale in ZIP 32953 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

Citrus River Groves Market Scorecard

Balanced

Citrus River Groves is currently a balanced market. About 6.0 months of supply, a median asking price of $476,950.

6.0
Months supply
$476,950
Median list
$460,250
Median sold
$248
List $/sqft
2/0/4
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Citrus River Groves

Live MLS inventory for Citrus River Groves. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Citrus River Groves listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period 2004 through 2026. Tap any home to ask about it.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Carroll · Elementary
  • Jefferson · Middle
  • Merritt Island · High

Zoned schools reflect the assignments reported on recent Citrus River Groves listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Citrus River Groves address.

If we were buying in Citrus River Groves today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Citrus River Groves.

Best Buy
Buyers who want a specific Merritt Island home and are not chasing amenities.
Biggest Risk
A thin sales record makes the median easy to over-read.
Sweet Spot
A well-maintained home priced honestly against recent comparables.
Avoid If
You need community facilities or a large pool of active listings to choose from.

Reading a market with few recent trades

This snapshot is built on only four closings in the window, so a single unusual sale can pull the median in either direction. The figures here are directional, not gospel. When a new comparable hits, it deserves real scrutiny before it reshapes your expectations.

No shared amenities were identified from current MLS listings, which means you are buying the house and the location, not a package of community facilities. That tends to reward buyers who care about the specific home and its Merritt Island setting, and it puts the burden on sellers to let the property itself carry the price.

The location and the amenities are priced into every listing in Citrus River Groves. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a pocket this thinly traded, the median only tells you so much. We underwrite each comparable individually, weigh condition and lot against the roughly $236-per-square-foot benchmark, and price to the home in front of us rather than a blunt neighborhood average. That discipline matters when four sales set the tone.

Citrus River Groves in 15 seconds.

Best forBuyers who want a specific Merritt Island home and are not chasing amenities.
Biggest advantageA balanced pace where prepared listings sell in roughly a month.
Biggest riskA thin sales record makes the median easy to over-read.
Sweet spotA well-maintained home priced honestly against recent comparables.
Avoid ifYou need community facilities or a large pool of active listings to choose from.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Citrus River Groves sales matched to your home.

What is your Citrus River Groves home worth?

Get a no-obligation home value based on real comparable sales in Citrus River Groves, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Citrus River Groves on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Citrus River Groves?
The median sale price in Citrus River Groves was $460K over the 12 months ending September 12, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Citrus River Groves take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 30 days on market (4 sales, Space Coast MLS).
Is Citrus River Groves a buyer's or seller's market right now?
As of September 12, 2026, Citrus River Groves is roughly balanced: 6.0 months of supply at the current sales pace (Space Coast MLS live counts).
Who is the best real estate agent for Citrus River Groves?
The best agent for Citrus River Groves is one who actively works Merritt Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Citrus River Groves.
How do I find a top Merritt Island real estate agent who knows Citrus River Groves?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Citrus River Groves and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Citrus River Groves?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Citrus River Groves purchase or sale - no call center and no pressure.
Buyers targeting a particular home whose value rests on condition and location, not shared amenitiesExcellent fit
Buyers comfortable underwriting off a small set of comparables with guidanceExcellent fit
Sellers willing to invest in preparation and price to the current, balanced marketExcellent fit
Buyers who want resort-style or shared community amenities on siteProbably not
Buyers needing a broad, deep inventory to compare many options at onceProbably not
Sellers expecting the median to justify a price the home's condition does not supportProbably not

Nearby Communities

Explore more neighborhoods near Citrus River Groves with Momentum Realty’s local guides.

SLSunset Lakes Phase Iii Merritt Island1.0 mi awayOsprey Village At Cedar Creek Ph Ii Merritt Island1.1 mi awayOTOtter Trace Merritt Island1.7 mi awayHeron Creek Merritt Island1.8 mi awaySGSea Gate Merritt Island2.0 mi awayIRIndian River Village Merritt Island2.5 mi awaySPSavannahs Phase Iii Pud The Merritt Island2.6 mi awayBriarwood Manor Cocoa2.6 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 12, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2004 (92 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in Citrus River Groves? 4 recorded closings; median 29 days on market (window ending 2026-09-12). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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