Grand Island Oaks in Grand Island
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Built fromLive Stellar MLS data21 years of closingsUpdated twice daily

As of September 2026, Grand Island Oaks in Grand Island, FL has 2 homes for sale. Homes listed or recently sold were built 2005 - 2018; 4 of 4 report an HOA (median $36/mo); none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 92 ft).

Live · Grand Island Oaks Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
24.0mo
Supply
3 to 6 months is the balanced band
33%
Under contract
Lake: 25% (1,077 of 4,256)
2 · 1
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 2 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Grand Island Oaks is a small, low-turnover community - 111 homes total and just 4 active listings at the time of this snapshot. With only a single closing in the most recent window, the 48-month supply figure reflects that thin transaction count more than it reflects genuine oversupply; a pool this small can swing from tight to loose with one or two sales either way.

Pricing here is going to be driven by individual home condition and lot rather than by a competitive bidding environment. The homestead share of 82% tells you most owners have been in place long enough to file for exemption, which reinforces the low-inventory, low-churn character of the neighborhood - good for buyers who want to make an offer without a rush, but it means patience is part of the process here.

Grand Island Oaks Housing Pulse · Momentum Research · as of September 12, 2026

Grand Island Oaks right now

🟢 Buyer-leaning market. 24.0 months of supply and 33% of the inventory already under contract give buyers above-average negotiating leverage.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 Stellar MLS records, as of September 12, 2026. Confidence: Low (3 active and pending listings, 1 closed sales in 12 months).

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

· Updated September 16, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Grand Island Oaks is a modest-sized enclave in Grand Island (Lake County) built out mostly in the mid-to-late 2000s and into the early 2020s, with a median home landing right around 2,047 square feet.

Stellar MLS sales records identify 63 homes in Grand Island Oaks that have changed hands since 2006, built between 2005 and 2021 (median 2006), with a median living area of about 2,148 sq ft and a typical 4-bedroom, 2-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.

Best for

  • Buyers who want a straightforward home purchase in Grand Island without needing HOA-run amenities
  • Buyers comfortable making a patient, well-researched offer in a market with very few active listings
  • Buyers targeting homes built in the 2005 - 2022 window who are prepared to evaluate condition individually

Probably not for

  • Buyers who want resort-style or clubhouse amenities as part of the purchase
  • Buyers who need a wide selection of active listings to compare side by side
  • Sellers expecting a fast, high-volume market with abundant recent comparables to lean on

The market around Grand Island Oaks

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

In ZIP 32735, 33 homes are on the market and 24% are under contract — a steady corner of Grand Island.

Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).

In ZIP 32735 (GRAND ISLAND), 77 homes closed in the last 12 months at a median of $330K ($171/sq ft), down 4.2% year over year, with a median 50 days on market. Right now 21 active and 3 pending listings put supply at about 4.4 months - a balanced market. See the live ZIP 32735 housing market and the Lake County market.

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

Housing distress & ownership in Grand Island Oaks Grand Island, GRAND ISLAND

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 5 listings
Distress share trend - 0.0% now (2026-08-12 → 2026-09-12)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Grand Island Oaks

Live MLS inventory for Grand Island Oaks. 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 Grand Island Oaks listings as of 2026-09-15, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2026. Tap any home to ask about it.

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

Schools

In short
  • Lake County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Treadway Elem · Elementary
  • Eustis Middle · Middle
  • Eustis High School · High

Zoned schools reflect the assignments reported on recent Grand Island Oaks listings and can change; always confirm with Lake County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Grand Island Oaks address.

If we were buying in Grand Island Oaks 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Grand Island Oaks.

Best Buy
Buyers looking for a smaller, established Lake County community without amenity overhead.
Biggest Risk
Thin inventory means limited comparables, so pricing an offer or a listing takes real diligence.
Sweet Spot
Homes built in the later part of the range (closer to 2022) for buyers wanting more recent construction with less condition guesswork.
Avoid If
You want on-site amenities or a high-volume market with frequent, fast-moving comparable sales.

A Small Pool, Read Carefully

The homes here were built between 2005 and 2022, with a median year built of 2010 - so this is not a legacy neighborhood, but it is old enough that most residences will be past their original builder-grade finishes. Buyers should expect a mix of original and updated interiors depending on when each owner last touched the property, and that condition spread is likely the single biggest driver of price variation on any given listing.

With only 4 homes active at once against a base of 111, this market does not behave like a high-volume subdivision. Comparable sales are scarce, so pricing decisions - on both sides of a transaction - benefit from a broker who is tracking the handful of relevant data points closely rather than relying on broad-brush averages. No community amenities are identified in current MLS listings, so this is a straightforward housing play, not an amenity-driven purchase.

The location and the amenities are priced into every listing in Grand Island Oaks. 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 community with this few active listings, generic market reports do not tell you much - you need someone watching the specific handful of homes and recent activity in Grand Island Oaks itself. We track this pocket of Lake County closely enough to know when a listing is priced to the neighborhood's real condition spread versus when it is not.

Grand Island Oaks in 15 seconds.

Best forBuyers looking for a smaller, established Lake County community without amenity overhead.
Biggest advantageLow competition among active listings gives buyers room to negotiate without a bidding war.
Biggest riskThin inventory means limited comparables, so pricing an offer or a listing takes real diligence.
Sweet spotHomes built in the later part of the range (closer to 2022) for buyers wanting more recent construction with less condition guesswork.
Avoid ifYou want on-site amenities or a high-volume market with frequent, fast-moving comparable sales.

HOA, CDD & Fees

In short
  • HOA dues reported around $36/month (about $432/yr) · median of 16 MLS listings, most billed annually
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $36 per month ($432 a year) - the median AssociationFee across 16 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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 Grand Island Oaks sales matched to your home.

What is your Grand Island Oaks home worth?

Get a no-obligation home value based on real comparable sales in Grand Island Oaks, 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 all homes for sale in Grand Island →

Real comps, not an automated estimate.

Recently off market in Grand Island Oaks

Homes in Grand Island Oaks that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.

GRAND ISLAND OAKS Market Scorecard

Strong buyer's market

GRAND ISLAND OAKS is currently a strong buyer's market. About 24.0 months of supply, a median asking price of $365,000, and homes go under contract in about 57 days.

24.0
Months supply
$365,000
Median list
$323,200
Median sold
$160
Per sqft
57
Days on mkt
2/1/1
Active/Pend/Sold

Typical home value in the 32735 ZIP is $321,802, about 5.8% below the Florida norm (Zillow Home Value Index).

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

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Grand Island Oaks a buyer's or seller's market right now?
As of September 12, 2026, Grand Island Oaks leans toward buyers: 24.0 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Grand Island Oaks?
The best agent for Grand Island Oaks is one who actively works Grand 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 Grand Island Oaks.
How do I find a top Grand Island real estate agent who knows Grand Island Oaks?
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 Grand Island Oaks and the wider Grand Island area.
Can Momentum Realty connect me with an agent for Grand Island Oaks?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Grand Island Oaks purchase or sale - no call center and no pressure.
Buyers who want a straightforward home purchase in Grand Island without needing HOA-run amenitiesExcellent fit
Buyers comfortable making a patient, well-researched offer in a market with very few active listingsExcellent fit
Buyers targeting homes built in the 2005 - 2022 window who are prepared to evaluate condition individuallyExcellent fit
Buyers who want resort-style or clubhouse amenities as part of the purchaseProbably not
Buyers who need a wide selection of active listings to compare side by sideProbably not
Sellers expecting a fast, high-volume market with abundant recent comparables to lean onProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 15, 2026)
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2005 (45 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 Stellar 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 Stellar 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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More Grand Island & Lake County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lake County or the full Neighborhood Finder.

Nearby Communities

Explore more neighborhoods near Grand Island Oaks with Momentum Realty’s local guides.

GIGrand Island Oaks0.1 mi away · 111 homes, built 2005–22GTGrand Terrace0.2 mi away · 1 for saleGrand Island Ridge0.2 mi away · median $330K, 5 sales/12 moSStratford0.2 mi awayAAshley0.3 mi away

Browse all neighborhood guides →

Thinking of selling in Grand Island Oaks? 1 recorded closings (window ending 2026-09-12). See the Lake 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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