Island Village in Celebration

Island Village
Homes for Sale in Celebration, FL

All 111 homes for sale in Celebration, FL · median $639,000 · 21 townhomes for sale in Celebration · 89 homes for sale in 34747 · Osceola County homes for sale

Community in Celebration · Osceola County · ZIP 34747
422 homesBuilt 1996–2024Median sale $807K
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Built fromLive Stellar MLS dataFL DOR public recordsUpdated twice daily

As of November 2026, celebration island village in Celebration, FL has 14 homes for sale and 7 pending, asking from $548,990 to $1,071,990 (median $740,495). Over the 12 months ending 2026-11-13, 16 recorded sales closed at a median of $807,006, $354 per square foot, a median 95 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 2021 - 2026 with 23 new construction; 25 of 33 report an HOA (median $370/mo); 1 of the 29 geocoded homes sit in a FEMA special flood hazard zone (median elevation 79 ft). At the median price and Osceola County's FY2025-26 rate of 15.23 mills, annual property tax runs about $12,290 ($11,690 with the full homestead exemption).

Part of the Celebration master-planned community in Celebration, FL — see all Celebration homes for sale (92 listings across 59 villages and sections in the MLS).

Last 30 days in Island Village: 5 new listings (median asking $883,990), 7 under contract right now. As of November 13, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Island Village Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$807K
Median sold · 12 mo
$354/sf
Sold $/sqft · 12 mo
peak $354 in 2026
97.4%
Sale vs ask
Osceola median: 96.0%
Tempo
10.5mo
Supply
3 to 6 months is the balanced band
95days
Median DOM · closed
95 days at the 2026 low
33%
Under contract
Osceola: 18% (1,006 of 5,519)
14 · 7
For sale · pending
live counts, refreshed twice daily
16
Sold · last 12 mo
10-yr average: about 16 a year
Ownership and context
47%
Owner-occupied · Island Village
223 of 477 parcels homesteaded (FL DOR 2025)
53%
Non-owner-occupied · Island Village
incl. 24% trust or LLC-held · 12% out-of-state
422
Homes in the community
plus 55 vacant residential lots · 477 residential parcels (FL DOR 2025)
Track record · 0 years of records
70
Recorded sales · 2024-2025
median $1.05M · qualified sales on the county roll (FL DOR 2025)
1996–2024
Years homes were built
median 2001 · county roll (FL DOR 2025)
1,945sqft
Median sold home size
12-mo windows, closed sales
3.8%/yr
Turnover rate
about 16 of 422 homes trade a year

Homes For Sale Right Now in Island Village

Live MLS inventory for Island Village. 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 Village listings as of 2026-11-13, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2026 through 2026. Tap any home to ask about it.

Island Village Housing Pulse · Momentum Research · as of November 13, 2026

Island Village right now

🟢 Buyer-leaning market. 10.5 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 November 13, 2026. Confidence: Very High (21 active and pending listings, 16 closed sales in 12 months).

What's unique here: the median sale price is about 2x the typical Osceola County sale ($807K vs $375K, trailing 12 months, Stellar MLS records).

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

· Updated November 14, 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

Island Village market snapshot (as of November 13, 2026): the median sale price is about $807K ($354 per sq ft over the trailing 12 months of closed sales), a median 95 days on market for closed sales, and 10.5 months of supply, a buyer-leaning market.

County records show 70 qualified sales in celebration island village across 2024 - 2025 (54 in 2024, 16 in 2025), median $1.05M - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

In ZIP 34747 (Celebration), 1,203 homes closed in the last 12 months at a median of $470K ($220/sq ft), down 3.0% year over year, with a median 75 days on market. Right now 447 active and 67 pending listings. See the live ZIP 34747 housing market and the Osceola County market.

Flood zones in Island Village: of 25 listing addresses checked against the FEMA National Flood Hazard Layer, 96% sit outside the FEMA Special Flood Hazard Area (Zone X); 4% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov.

Island Village is a community of 422 homes in Celebration, Osceola County, built between 1996 and 2024 (median 2001), with a median living area of about 2,955 square feet. 47% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Osceola County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Island Village Elementary School · Elementary
  • Celebration K-8 · Middle
  • Celebration High · High

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

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

Recent Developments in Island Village

Development, infrastructure, retail, and school activity affecting Island Village, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

Dev Momentum82/100 · High
  1. October 2026
    Parks & Amenities

    145,000 sq ft All Sports Dome planned on Gus Road in Kissimmee

    All Sports Dome Southeast plans a climate-controlled indoor inflatable dome at 3070 Gus Road with multi-sport courts, turf fields and training areas. It would be the brand's first Greater Orlando location, with an opening expected in 2027 and no exact date given.

    What it may mean for the marketAn indoor sports venue would add year-round recreation and event space on Kissimmee's Gus Road area. The project is about 8 miles east of Island Village, elsewhere in Osceola County.

    Source: What Now Orlando
  2. October 2026
    Infrastructure

    Turnpike widening in Osceola County runs ahead of schedule at Fortune Road Bridge

    Steel beams for the new westbound Fortune Road Bridge are in place a month early as Florida's Turnpike is widened from two to four lanes each way between Partin Settlement Road and Osceola Parkway. Westbound bridge traffic is expected at the start of 2027, and the broader project targets 2031. The bridge adds bike lanes and sidewalks.

    What it may mean for the marketDoubling Turnpike capacity through this stretch should ease regional commutes between Kissimmee and the Orlando area once complete. The project is about 12 miles east of Island Village, elsewhere in Osceola County.

    Source: WFTV
  3. October 2026
    Development

    Experience Kissimmee launches Film Kissimmee commission to recruit productions

    The new film commission markets Osceola County to production companies through an online database of more than 100 filming locations and has hired a location manager. Leaders say productions could become a new economic driver, citing spending on hotels, vehicles, food and crew services.

    What it may mean for the marketFilm work could add temporary jobs and visitor spending for hospitality and service businesses across Osceola County. The site is about 11 miles east of Island Village.

    Source: WFTV
  4. September 2026
    Development

    Orange County commissioners approve Tuscana land use plan in Shingle Creek Basin on 4-3 vote

    Commissioners voted 4-3 to approve the Tuscana land use application from Shingle Creek Co-Owners LLC and Geyer Development, reversing a unanimous rejection in May 2025. The plan includes more than 1,000 hotel rooms, about 4,000 apartments and commercial buildings, with conditions for a raised road, flood mitigation and wetland protection.

    What it may mean for the marketThe approval could add substantial rental housing, hotel capacity and commercial space in the Shingle Creek area, while flood-mitigation conditions will shape how and when it is built. The site is about 10 miles northeast of Island Village.

    Source: Spectrum News 13
  5. September 2026
    Development

    Lake County approves 2,241-acre Panther Run rezoning for up to 2,624 homes near Clermont

    The Lake County Commission voted 3-1 on Sept. 1 to rezone about 2,241 acres in the Wellness Way area, north of Sawgrass Bay Boulevard, for GT Homes. The planned unit development allows up to 2,624 residential units and more than 1 million square feet of non-residential space, with sites reserved for a future public high school and public safety facilities. Plans include extending County Road 455 and about 11 miles of public trails.

    What it may mean for the marketThe plan adds long-term housing supply, employment space and new connector roads in south Lake County, with infrastructure planned ahead of residential growth. The site is about 11 miles northwest of Island Village.

    Source: Clermont Sun
  6. August 2026
    Retail & Dining

    Plans for Mattel indoor water park near Lake Buena Vista Factory Stores expand to 13 acres

    Updated plans for the site off State Road 535 show a 95,000-square-foot indoor water park designed by Martin Aquatic, a separate 45,000-square-foot entertainment building and nearly 900 parking spaces. The tower height rises to as much as 100 feet and still needs Orange County approval. About 200 jobs are expected, and no opening date has been announced.

    What it may mean for the marketThe project would add visitor attractions, dining and roughly 200 jobs near the State Road 535 corridor, with added traffic and parking demand nearby. The site is about 9 miles northeast of Island Village.

    Source: FOX 35 Orlando

Development alerts for Island VillageGet a short monthly email when something new is approved, funded, or opens near Island Village.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Island Village 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 Island Village.

A closer look at the Island Village market

At a median of $354 per square foot, Island Village prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 10.5 months of supply, a buyer-leaning market. Homes that do trade take a median 95 days on market, useful leverage on any listing that has lingered.

The housing stock is 422 homes built between 1996 and 2024, and 47% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

“

The location and the amenities are priced into every listing in Island Village. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.3C- · Buy Score
Liquidity & Demand0.0/10
Owner Commitment4.7/10
Pricing Power8.3/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.3). Basis: Liquidity & Demand 10.5 months of supply; Owner Commitment 47% owner-occupied; Pricing Power 97.4% sale-to-list. Refreshed with each data update.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Island Village sales matched to your home.

What is your Island Village home worth?

Get a no-obligation home value based on real comparable sales in Island Village, 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 Celebration →

Real comps, not an automated estimate.

Recently off market in celebration island village

Homes in celebration island village 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. 10 on record.

Island Village key facts
LocationCelebration, Osceola County, FL · ZIP 34747
Homes in the community422 (FL DOR 2025 assessment roll)
Years built1996–2024 (median 2001)
Typical living area2,955 sq ft (median)
Home types (current listings and sales)single-family 55%, townhouses 45%
Amenities listed by sellersPool, Fitness Center, Park, Playground, Dog Park, Tennis Court(s)
Sale prices, last 12 months$807,006 median across 16 closed sales · $354 per sq ft
Days on market (closed sales)95 median
For sale right now14 active, 7 pending · median asking $740,495 · 10.5 months of supply
Owner-occupied (homestead) share47%

Data as of November 13, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2026 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Island Village key facts,” movewithmomentum.com/neighborhoods/island-village-celebration, data as of November 13, 2026.

Just listed in Island Village

The newest homes for sale in Island Village right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Island Village Celebration Right Now (21)

All 21 active and pending Island Village Celebration listings with a detail page, newest first, refreshed twice a day from the MLS.

What it really costs to own in Island Village

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

CDD / special assessmentsListings here report a median of $1,564/yr in CDD or special-district assessments on the tax bill (27 listings, MLS, 2026-11-14). 100% of the 27 listings that report the field show one. The amount is per lot and set by the district: confirm it on the parcel's TRIM notice.
HOA duesMedian $370/month across 23 MLS listings (most billed monthly; 2026-11-14). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Osceola County is $1,735/yr (2,188 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 25 listing addresses checked against the FEMA flood map, 96% sit outside the high-risk zone and 4% inside one, where flood insurance is required with a federally backed mortgage. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes).
Roof and ageMedian build year 2026 across 28 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes.

Email me new listings in Island Village

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Island Village

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Island Village will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

How much local inventory is already under contract

33% of homes for sale in Island Village are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-14).

Island Village at Celebration Market Scorecard

Strong buyer's market

Island Village at Celebration is currently a strong buyer's market. About 14.0 months of supply, a median asking price of $740,495, and homes go under contract in about 102 days.

14.0
Months supply
$740,495
Median list
$723,700
Median sold
$340
Per sqft
102
Days on mkt
14/7/12
Active/Pend/Sold

Typical home value in the 34747 ZIP is $399,304, about 8.0% above 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

What is the median home price in Island Village?
The median sale price in Island Village was $807K over the 12 months ending November 13, 2026 (16 closed sales, Stellar MLS).
How long do homes in Island Village take to sell?
Homes that closed in the 12 months ending November 13, 2026 took a median 95 days on market (16 sales, Stellar MLS).
Is Island Village a buyer's or seller's market right now?
As of November 13, 2026, Island Village leans toward buyers: 10.5 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Island Village?
The Florida DOR 2025 assessment roll shows 422 homes plus 55 vacant residential lots in Island Village (public records).
What share of Island Village is owner-occupied?
47% of Island Village parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Island Village built?
Homes in Island Village were built between 1996 and 2024, with a median year built of 2001 (FL DOR 2025 roll).
Who is the best real estate agent for Island Village?
The best agent for Island Village is one who actively works Celebration 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 Island Village.
How do I find a top Celebration real estate agent who knows Island Village?
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 Island Village and the wider Celebration area.
Can Momentum Realty connect me with an agent for Island Village?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Island Village purchase or sale - no call center and no pressure.
Where is Island Village, and what county is it in?
Island Village is in Celebration, Osceola County, FL, ZIP 34747. The community's center is about 5 miles southwest of the center of Celebration (straight-line).
Is Island Village in a flood zone?
Partly. Of 25 homes we sampled in Island Village, 96% sit outside a FEMA Special Flood Hazard Area (Zone X) and 4% are inside one (Zone A or AE), where a lender requires flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Island Village a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Island Village: the median sale price over the last 12 months was $807K (16 sales), 18% above the Celebration median of $686K; homes took a median 95 days to go under contract; the assessment roll counts 422 homes, 47% of them homesteaded (owner-occupied); supply is 10.5 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: November 13, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending November 13, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 34747))
Under-contract sharesStellar MLS records, as of 2026-11-13
Historical depthClosed-sale records back to 2026 (16 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.

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