Deer Island Estates
Homes for Sale in Deer Island, FL

Deer Island Estates is a small, low-turnover enclave in unincorporated Lake County where most homes are owner-occupied - the homestead share sits near 78%. With only 18 homes and one currently listed, this is a place you wait for rather than shop.

Stellar MLS sales records identify 10 homes in Deer Island Estates that have changed hands since 2012, built between 1978 and 2014 (median 1981), with a median living area of about 2,689 sq ft and a typical 3-bedroom, 3-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Deer Island Estates is too small for its own price trend, so here is the market around it.

In ZIP 32778, 343 homes are on the market and 18% are under contract — a slower corner of Deer Island.

Across Lake County, 3,234 homes are active and 1,077 pending (25% under contract).

In ZIP 32778 (Deer Island), 188 homes closed in the last 12 months at a median of $304K ($178/sq ft), down 7.2% year over year, with a median 75 days on market. Right now 42 active and 9 pending listings put supply at about 2.7 months - a buyer's market. See the live ZIP 32778 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Deer Island Estates specifically. Momentum Research analysis of MLS records.

This is an 18-home community, and with a homestead share near 78%, most of those homes are lived in rather than held as rentals or second properties. That combination means listings surface rarely and the character of the street stays stable. When something does come up, the field of comparable recent sales is small, which puts a premium on an agent who knows what each house actually traded on.

No community amenities turned up in the current MLS listings, so the draw here is the homes and the setting, not shared facilities. Living areas are generous - a median north of 2,700 square feet - and the wide build range means you should underwrite each home on its own systems, roof, and updates rather than on a neighborhood average.

In a market this thin - one active listing, a handful of recent sales to lean on - generic pricing tools fall apart. We work the actual comparable history and the condition of each home to set a number you can defend, whether you are buying with leverage or selling into a slow, patient market.