island grove
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Island Grove is a small pocket of Merritt Island - 15 homes total, built between 1988 and 1995. What drives price here isn't a builder tier or an amenity package; it's living space and condition. The median home runs about 3,468 square feet, which is substantial, so the number that ultimately matters is how well a given house has been maintained and updated over three-plus decades.
With just one active listing and no closings in the current window, there is no live comp trail to lean on. That cuts both ways: a seller has almost no visible competition, and a buyer has almost nothing to triangulate against. Pricing in a market this thin comes down to disciplined analysis of the individual home, not the neighborhood average.
The setting & the homes.
Aerial and on-site photos of island grove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
island grove
island grove
island grove
island grove
island grove
island grove
island grove
island grovePhotos from Space Coast MLS listings in island grove; content deemed reliable but not guaranteed.
Who island grove is best for.
Best for
- Long-hold buyers who want significant square footage and plan to stay put
- Buyers comfortable underwriting a 1988 - 1995 home on its condition and systems
- Patient buyers willing to wait for the rare listing to come available
Probably not for
- Buyers who need to choose from many active listings today
- Sellers or buyers who require a thick recent-sales record to feel confident on price
- Anyone seeking shared community amenities, which none are identified here
The market around island grove
island grove 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 island grove specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in island grove
Live MLS inventory for island grove. 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 island grove listings as of 2026-07-14, 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 island grove 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 island grove address.
The island grove buying strategy.
If we were buying in island grove 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 island grove.
A small, owner-held enclave
The housing stock is homogeneous in vintage - a tight 1988 - 1995 build window with a median year of 1990 - but not in condition. Homes of this age and size vary widely depending on roof, systems, and kitchen and bath updates, so the spread in value is condition-driven rather than location-driven. Expect to underwrite each property on its own merits: mechanicals, finishes, and any deferred maintenance will move the number more than anything about the street.
About 80% of homes here carry a homestead exemption, which points to a largely owner-occupied, held-long enclave. Practically, that means turnover is low and inventory can stay near zero for stretches - as it nearly is now. No community amenities show up in current MLS data, so you are buying the house and the lot, not a shared package.
The location and the amenities are priced into every listing in island grove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 15-home neighborhood with no recent closings, generic pricing tools are useless - the value lives in the individual property. We build the number from the home's square footage, condition, and systems, and from wider Merritt Island comps when local sales don't exist. Whether you're the lone seller or a patient buyer waiting for the right listing, that on-the-ground read is what protects your position.
island grove in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA - confirm current dues
- 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 island grove 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 island grove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in island grove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your island grove home worth?
Get a no-obligation home value based on real comparable sales in island grove, 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 island grove on the map →
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.
Island Grove Market Scorecard
Island Grove is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $675,000.
Typical home value in the 32952 ZIP is $438,601, about 10.9% 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 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in island grove?
What share of island grove is owner-occupied?
When were the homes in island grove built?
Who is the best real estate agent for island grove?
How do I find a top Merritt Island real estate agent who knows island grove?
Can Momentum Realty connect me with an agent for island grove?
Should you buy in island grove?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near island grove with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (14 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 your area 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.