Iroquois South
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, Iroquois South Merritt Island in Merritt Island, FL has 1 home for sale. Iroquois South Merritt Island is a community in Merritt Island, Brevard County, FL. Across Merritt Island as a whole, 267 homes closed in the last 12 months at a median of $439,900, 49 median days on market, with 71 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,860 ($6,240 with the full homestead exemption).

Iroquois South sits in the south end of Merritt Island - a quiet pocket of big homes built almost entirely in the early 1990s. The median living area is 3,538 square feet, and the homestead share of 93% tells you this is a long-term owner community, not a rental or flip neighborhood. Price here is driven by condition, updates, and waterfront versus non-waterfront; the building era means that kitchens, baths, and systems are nearing or past their original service life, and buyers are paying for what's been maintained or renovated.
With one active listing and six months of supply, the market is balanced - neither hot nor stalled. That single-listing snapshot makes velocity hard to read this month, but the homestead concentration and median vintage suggest turnover is measured, not frequent. If you're buying, expect to compete lightly but not frantically; if you're selling, price to condition and understand that buyers will look hard at deferred maintenance in a home this size and age.
Iroquois South 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 July 15, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 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
Iroquois South is a small enclave of large-footprint homes built primarily in 1989 - 1990, clustered in the southern reaches of Merritt Island. The market is balanced, inventory is thin, and nearly every home is owner-occupied.
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.
Who Iroquois South is best for.
Best for
- Buyers looking for over 3,500 square feet in a stable, low-turnover enclave who are comfortable evaluating older systems and budgeting for updates
- Long-term owners who value quiet streets, high homestead concentration, and proximity to Merritt Island schools and causeways over on-site amenities
- Renovation-ready buyers who can see past original finishes and capitalize on the inherent space and layout in early-1990s construction
Probably not for
- Buyers expecting multiple listings to choose from or fast inventory turnover in order to compare options side by side
- First-time or budget-constrained buyers who need move-in-ready condition and cannot absorb deferred-maintenance costs on a large home
- Buyers prioritizing community pools, clubhouses, or newer construction with modern energy efficiency and low near-term capital expense
The market around Iroquois South
Iroquois South is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Iroquois South specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Iroquois South
Live MLS inventory for Iroquois South. 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 Iroquois South listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Tropical · Elementary
- Jefferson · Middle
- Merritt Island · High
Zoned schools reflect the assignments reported on recent Iroquois South 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 Iroquois South address.
The Iroquois South buying strategy.
If we were buying in Iroquois South today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Iroquois South.
Big homes, narrow inventory, long owners
Iroquois South comprises just fifteen homes, nearly all completed in 1989 or 1990, with one outlier from 2002. The median floor plan runs over 3,500 square feet - these are not starter ranches. The absence of identified community amenities in current listings suggests this is a residential-only street pattern, reliant on proximity to island schools, Sykes Creek, and the causeways to the beaches and mainland rather than on-site pools or clubhouses.
The 93% homestead share is among the highest you'll see: owners live here, stay here, and turn over slowly. That stability cuts both ways. It means the neighborhood has held its character and hasn't cycled through flippers, but it also means inventory is scarce and choice is limited. With one home on the market and six months of supply, the dynamics are neither frenzied nor flooded - balanced, but narrow.
Age matters at this scale. Homes built in 1989 are now entering their fourth decade, and at 3,500+ square feet, the cost to update roofs, HVAC, kitchens, and baths adds up quickly. Buyers should budget for deferred capital or look for sellers who have already done the work. The 2002 build represents the only newer construction in the data set and will command a different conversation on systems and finishes.
The location and the amenities are priced into every listing in Iroquois South. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Iroquois South demands a broker who knows how to price and position large-footprint homes with three decades of history behind them. Momentum brings market depth across Brevard's waterfront and inland communities, an honest assessment of what updates move the needle and what don't, and the patience to wait for the right counterparty in a shallow pool. We will tell you if the roof timeline or the comparable mix makes a deal unworkable - before you're under contract.
Iroquois South in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Iroquois South buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Iroquois South sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Iroquois South, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Iroquois South home worth?
Get a no-obligation home value based on real comparable sales in Iroquois South, 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 Merritt Island →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Iroquois South Market Scorecard
Iroquois South is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $549,000.
Typical home value in the 32952 ZIP is $440,414, about 10.6% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Based on information from the Space Coast MLS for the period 2026 through 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Iroquois South a buyer's or seller's market right now?
How many homes are in Iroquois South?
What share of Iroquois South is owner-occupied?
When were the homes in Iroquois South built?
Who is the best real estate agent for Iroquois South?
How do I find a top Merritt Island real estate agent who knows Iroquois South?
Can Momentum Realty connect me with an agent for Iroquois South?
Should you buy in Iroquois South?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Iroquois South with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Iroquois South fits the bigger picture — live prices, inventory, and Momentum Scores:
