North Grove
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
Median sale $465K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · North Grove Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$465K
Median sold · 12 mo
$204/sf
Sold $/sqft · 12 mo
peak $233 in 2022
87.9%
Sale vs ask
Brevard median: 96.2%
Tempo
141days
Median DOM · closed
13 days at the 2020 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 21 years of records
2,281sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

North Grove sits in Merritt Island with a median around $465,000 and a median of roughly $204 per square foot. Those two numbers together tell you price here is driven less by a fixed tier and more by what a given home offers in size and condition. There are no shared community amenities identified in current listings, so nothing structural is padding value — you are paying for the house and the location, not a clubhouse or gated entry.

The market posture is slow. Median days on market is about 141 — well past a month, into the range where sellers need patience and sharp pricing. For buyers that means room to negotiate and time to do diligence without a bidding-war clock. For sellers it means the market is testing your price; homes that are dated or ambitiously listed sit, and the well-prepared ones set the pace. Note the closing sample is thin — only three closings in the window — so read every figure as a directional snapshot, not a precision gauge.

The 60-Second Overview

North Grove market snapshot (as of July 15, 2026): the median sale price is about $465K ($204 per sq ft over the trailing 12 months of closed sales), and a median 141 days on market for closed sales.

North Grove is a Merritt Island pocket with no identified shared amenities, so its appeal rests on the individual home and its Brevard County location rather than community features. With homes taking around 141 days to move, this is a deliberate market, not a hot one.

Best for

  • Buyers who value negotiating leverage and want time to inspect and compare before committing
  • Value-focused buyers willing to weigh condition and square footage against a median near $465,000
  • Renovation-minded buyers hunting for a project home where the spread favors sweat equity

Probably not for

  • Buyers who want a clubhouse, gate, or other shared community amenities built into the price
  • Sellers who need a fast sale and cannot absorb a marketing period well beyond a month
  • Buyers counting on quick appreciation or a rapid resale in a slow-moving submarket

Windows contain 1 to 6 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K$500K20122014201620182020202220242026
Every sale since 2005 · price vs size
$0$200K$400K$600K2k2k3k
51 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $93 in 2012 to a $233 peak in 2022; $204 now.
Median days on market · closed sales
010020020122014201620182020202220242026
13 days at the 2020 low; 141 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
87.9% now vs Brevard 96.2%.
Homes sold per 12-mo window
024620122014201620182020202220242026
1 to 6 a year; 3 in the current window.

If we were buying in North Grove 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 North Grove.

Best Buy
Buyers who want time and leverage over a fast, competitive process.
Biggest Risk
The thin sample of three closings makes every figure directional, not precise.
Sweet Spot
A well-conditioned home priced honestly against the ~$204/sqft median.
Avoid If
You need shared amenities or expect a quick resale.

A patient market on the Island

The headline story here is time. A median of roughly 141 days on market is a long runway by any measure, and it changes how both sides should behave. Buyers can move methodically — inspections, comparisons, and price conversations all happen without the pressure that defines faster submarkets. Sellers should assume their home will be shopped against, and priced accordingly from day one, because there is little evidence that waiting for a premium works here.

With amenities showing as none identified from current MLS listings, value comes down to the home itself: square footage, condition, and updates against that roughly $204-per-square-foot median. Expect a wide spread between move-in-ready and project homes at similar sizes. Because the closing sample is only three, treat the median price near $465,000 as a reference point rather than a hard rule, and lean on a current comparative analysis before committing to a number.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A slow, thin market is exactly where local read matters most. With few recent closings and long marketing times, headline stats can mislead — we price against the actual condition and comparables of each home, help sellers avoid the trap of chasing an over-ambitious number that sits, and give buyers the leverage that a 141-day median quietly hands them. Straight numbers, straight advice, no hype.

North Grove in 15 seconds.

Best forBuyers who want time and leverage over a fast, competitive process.
Biggest advantageA slow market means negotiating room and space for diligence.
Biggest riskThe thin sample of three closings makes every figure directional, not precise.
Sweet spotA well-conditioned home priced honestly against the ~$204/sqft median.
Avoid ifYou need shared amenities or expect a quick resale.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in North Grove?
The median sale price in North Grove was $465K over the 12 months ending July 15, 2026 (3 closed sales, Space Coast MLS).
How long do homes in North Grove take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 141 days on market (3 sales, Space Coast MLS).
Who is the best real estate agent for North Grove?
The best agent for North Grove is one who actively works Merritt Island 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 North Grove.
How do I find a top Merritt Island real estate agent who knows North Grove?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows North Grove and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for North Grove?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your North Grove purchase or sale - no call center and no pressure.
Buyers who value negotiating leverage and want time to inspect and compare before committingExcellent fit
Value-focused buyers willing to weigh condition and square footage against a median near $465,000Excellent fit
Renovation-minded buyers hunting for a project home where the spread favors sweat equityExcellent fit
Buyers who want a clubhouse, gate, or other shared community amenities built into the priceProbably not
Sellers who need a fast sale and cannot absorb a marketing period well beyond a monthProbably not
Buyers counting on quick appreciation or a rapid resale in a slow-moving submarketProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (51 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.

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