Island Village in Celebration

Island Village
Homes for Sale in Celebration, FL

All 101 homes for sale in Celebration, FL · median $575,000 · 23 townhomes for sale in Celebration · 96 homes for sale in 34747 · Osceola County homes for sale

Community in Celebration · Osceola County · ZIP 34747
398 homesBuilt 1996–2024Median sale $845K
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Built fromLive Stellar MLS data5 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, celebration island village in Celebration, FL has 15 homes for sale and 2 pending, asking from $548,990 to $1,071,990 (median $626,990). Over the 12 months ending 2026-09-20, 73 recorded sales closed at a median of $844,509, $366 per square foot, a median 59 days on market, sellers accepting 98% of original asking (-3% versus the prior year). Homes listed or recently sold were built 2021 - 2026 with 20 new construction; 22 of 29 report an HOA (median $370/mo); 1 of the 28 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 $12,860 ($12,260 with the full homestead exemption).

Part of the Celebration master-planned community in Celebration, FL — see all Celebration homes for sale (80 listings across 59 villages and sections in the MLS).

Last 30 days in Island Village: 4 new listings (median asking $884,495), 2 under contract right now, 2 closed sales (median $608,836). As of October 24, 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
$845K ▼
Median sold · 12 mo
down 2.6% vs the prior 12 months
-2.6% ▼
1-yr price change
n = 73 and 22 sales in the two windows
$366/sf
Sold $/sqft · 12 mo
peak $380 in 2024
97.7%
Sale vs ask
Tempo
2.3mo
Supply
3 to 6 months is the balanced band
59days
Median DOM · closed
0 days at the 2023 low
18%
Under contract
Osceola: 20% (1,093 of 5,558)
14 · 3
For sale · pending
live counts, refreshed twice daily
73
Sold · last 12 mo
10-yr average: about 26 a year
Ownership and context
46%
Owner-occupied · Island Village
207 of 453 parcels homesteaded (FL DOR 2025)
54%
Non-owner-occupied · Island Village
incl. 24% trust or LLC-held · 13% out-of-state
398
Homes in the community
plus 55 vacant residential lots · 453 residential parcels (FL DOR 2025)
Track record · 5 years of records
67
Recorded sales · 2024-2025
median $985K · qualified sales on the county roll (FL DOR 2025)
1996–2024
Years homes were built
median 2001 · county roll (FL DOR 2025)
2,193sqft
Median sold home size
12-mo windows, closed sales
18.3%/yr
Turnover rate
about 73 of 398 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 2026-10-23, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2026. Tap any home to ask about it.

Island Village Housing Pulse · Momentum Research · as of September 20, 2026

Island Village right now

🔴 Seller-leaning market. 2.3 months of supply and 18% of the inventory already under contract give sellers the pressure advantage.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 20, 2026. Confidence: Very High (17 active and pending listings, 73 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($845K) is down 2.6% from the prior 12 months ($867K). With about 26 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 20. Confidence: High (73 and 22 sales in the two windows).

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

· Updated October 24, 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 September 20, 2026): the median sale price is about $845K ($366 per sq ft over the trailing 12 months of closed sales), a median 59 days on market for closed sales, and 2.3 months of supply, a seller-leaning market. The trailing-12-month median is down 3% from the prior 12 months, computed from record-level Stellar MLS closed sales (73 closings in the current window).

In ZIP 34747 (Celebration), 2,599 homes closed in the last 12 months at a median of $460K ($220/sq ft), down 3.8% year over year, with a median 75 days on market. Right now 581 active and 101 pending listings put supply at about 7.3 months - a buyer's market. See the live ZIP 34747 housing market and the Osceola County market.

County records show 67 qualified sales in celebration island village across 2024 - 2025 (51 in 2024, 16 in 2025), median $985,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Flood zones in Island Village: of 24 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 398 homes in Celebration, Osceola County, built between 1996 and 2024 (median 2001), with a median living area of about 2,944 square feet. 46% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 73 sales each (73 in the current window); every figure carries its sample size. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2026. Deemed reliable but not guaranteed.

Every sale since 2021 · price vs size
$0$1M$2M2k4k
156 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
0204060202220242026
0 to 73 a year; 73 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Osceola County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,343/mo
Osceola County typical true cost to own
$145/mo
Osceola County typical home insurance
Check CDD
Confirm before you offer

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.

How much local inventory is already under contract

12% 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 (2026-10-25).

Island Village at Celebration Market Scorecard

Strong buyer's market

Island Village at Celebration is currently a strong buyer's market. About 15.0 months of supply, a median asking price of $626,990, and homes go under contract in about 106 days.

15.0
Months supply
$626,990
Median list
$723,700
Median sold
$341
Per sqft
106
Days on mkt
15/2/12
Active/Pend/Sold

Typical home value in the 34747 ZIP is $399,304, about 3.0% 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.

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 October 2026.

Dev Momentum74/100 · High
  1. 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. The developer projects thousands of jobs at full build-out.

    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
  2. September 2026
    Infrastructure

    CFX holds public meetings on 14-mile toll road through part of Split Oak Forest

    The Central Florida Expressway Authority held public meetings on Sept. 16 and 17 for a 14-mile road from State Road 417 near Boggy Creek Road in Orange County to Nova Road in Osceola County. CFX says portions could begin construction next year and that the road would ease traffic on Narcoossee Road. The agency faces a legal challenge from Orange County and is pursuing an eminent domain case.

    What it may mean for the marketIf built, the road would add a new east-west route between Lake Nona and St. Cloud, changing commute options and access to east Orange and Osceola land. The project is about 24 miles east of Island Village, elsewhere in Osceola County.

    Source: Spectrum News 13
  3. 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
  4. 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
  5. August 2026
    Civic

    St. Cloud council approves $6.7 million downtown apartment and parking garage agreement

    The City Council unanimously approved an agreement with Atlantic Housing Partners for apartments and a parking garage next to City Hall. The Community Redevelopment Agency contributes $6.25 million and the city $460,000. The garage would hold 450 to 500 spaces, with 250 reserved for apartment residents.

    What it may mean for the marketNew downtown rental housing and public parking would add residents and parking capacity to the St. Cloud core. The project is about 18 miles east of Island Village, elsewhere in Osceola County.

    Source: Spectrum News 13

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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 $366 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 2.3 months of supply, a seller-leaning market and the trailing-12-month median down 3% year over year. Homes that do trade take a median 59 days on market, useful leverage on any listing that has lingered.

The housing stock is 398 homes built between 1996 and 2024, and 46% 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
6.5B- · Buy Score
Recent Direction5.3/10
Liquidity & Demand7.7/10
Owner Commitment4.6/10
Pricing Power8.5/10

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 4 factors (6.5). Basis: Recent Direction -2.6% year-over-year; Liquidity & Demand 2.3 months of supply; Owner Commitment 46% owner-occupied; Pricing Power 97.7% 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 community398 (FL DOR 2025 assessment roll)
Years built1996–2024 (median 2001)
Typical living area2,944 sq ft (median)
Home types (current listings and sales)townhouses 52%, single-family 48%
Amenities listed by sellersPool, Fitness Center, Park, Playground, Tennis Court(s), Deed Restrictions
Sale prices, last 12 months$844,509 median across 73 closed sales · $366 per sq ft · -2.6% vs the prior 12 months
Days on market (closed sales)59 median
For sale right now14 active, 3 pending · median asking $614,990 · 2.3 months of supply
Owner-occupied (homestead) share46%

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2021 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 September 20, 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 (17)

All 17 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 (31 listings, MLS, 2026-10-24). 100% of the 31 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 22 MLS listings (most billed monthly; 2026-10-24). 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 24 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 2025 across 32 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.

Frequently Asked Questions

What is the median home price in Island Village?
The median sale price in Island Village was $845K over the 12 months ending September 20, 2026 (73 closed sales, Stellar MLS).
How long do homes in Island Village take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 59 days on market (73 sales, Stellar MLS).
Is Island Village a buyer's or seller's market right now?
As of September 20, 2026, Island Village leans toward sellers: 2.3 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 398 homes plus 55 vacant residential lots in Island Village (public records).
What share of Island Village is owner-occupied?
46% 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 6 miles southwest of the center of Celebration (straight-line).
Is Island Village in a flood zone?
Partly. Of 24 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 $845K (73 sales), about the same as the Celebration median of $845K; homes took a median 59 days to go under contract; the assessment roll counts 398 homes, 46% of them homesteaded (owner-occupied); supply is 2.3 months at the current sales pace, which favors sellers. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 23, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (3 streets, ZIP 34747))
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2021 (156 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.

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More on Island Village

Thinking of selling in celebration island village? 73 recorded closings; median 59 days on market (window ending 2026-09-20). See the Osceola 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.

Nearby Communities

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

CICelebration Island Village0.3 mi awayCICelebration Island Village0.3 mi away · median $845K, 65 sales/12 moReunion0.8 mi away · median $638K, 37 sales/12 moRWReunion West0.9 mi away · 188 homes, built 2016–19RReunion0.9 mi away · median $294K, 6 sales/12 mo

Browse all neighborhood guides →

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