Groves
Homes for Sale in Merritt Island, FL

Groves Phase II is a modest residential enclave on Merritt Island in Brevard County, where value tracks the condition and character of each individual home rather than any shared community draw.

Space Coast MLS sales records identify 22 homes in Groves that have changed hands since 2005, built between 1987 and 2017 (median 1996), with a median living area of about 1,473 sq ft and a typical 3-bedroom, 2-bath layout; 91% are single-family homes. Source: Space Coast 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.

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

In ZIP 32953, 143 homes are on the market and 28% are under contract — a steady corner of Merritt Island.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32953 (Merritt Island), 243 homes closed in the last 12 months at a median of $435K ($251/sq ft), down 9.8% year over year, with a median 40 days on market. Right now 42 active and 11 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 32953 housing market and the Brevard County market.

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

With no community amenities identified from current listings, there's nothing here inflating or subsidizing price — no dues-funded pool, no gate, no shared docks that would show up in the numbers. That tends to keep the conversation grounded on the fundamentals: square footage, updates, lot, and how the house has been maintained. Expect a genuinely wide spread between a dated original-condition home and a renovated one on the same street.

Location does the rest of the work. This is Merritt Island in Brevard County, so proximity to the causeways, waterways, and the broader Space Coast job corridor factors into what a buyer will pay. Ask us for the specific commute and access picture for any address you're weighing, because within a small community those location differences matter more than a headline stat.

In a small community without amenity-driven pricing, the value gap comes down to reading condition and comparables correctly — and that's exactly the work we do. We'll walk you through like-for-like sales, flag where a listing is priced on aspiration rather than condition, and tell you plainly when a home isn't worth the ask.

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