Formosa Gardens in Kissimmee

Formosa Gardens
Homes for Sale in Kissimmee, FL

All 2,959 homes for sale in KISSIMMEE, FL · median $374,000 · 845 homes for sale in 34747 · Osceola County homes for sale

Community in Kissimmee · Osceola County · ZIP 34747
77 homesBuilt 1999–2013Median sale $652K
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Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Formosa Gardens in Kissimmee, FL has 4 homes for sale, asking from $699,900 to $1,100,000 (median $877,450). Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $652,000, $241 per square foot, a median 94 days on market, sellers accepting 92% of original asking (+10% versus the prior year). Homes listed or recently sold were built 2000 - 2007; 9 of 9 report an HOA (median $125/mo); 4 of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 109 ft). At the median price and Osceola County's FY2025-26 rate of 15.23 mills, annual property tax runs about $9,930 ($9,330 with the full homestead exemption).

Villages & sections of Formosa Gardens

Formosa Gardens in Kissimmee, FL is a master-planned community recorded as 4 named villages and sections in the MLS; 3 homes are for sale or pending across them today. Each village has its own page with its listings, sales history and HOA/CDD facts.

Formosa Gardens key facts
LocationKISSIMMEE, Osceola County, FL · ZIP 34747
Homes in the community77 (FL DOR 2025 assessment roll)
Years built1999–2013 (median 2002)
Typical living area3,546 sq ft (median)
Home types (current listings and sales)single-family 100%
Amenities listed by sellersGated Community - No Guard, Deed Restrictions, Gated, Gated Community, Fence Restrictions, Fire Alarm
Sale prices, last 12 months$652,000 median across 5 closed sales · $241 per sq ft · +9.6% vs the prior 12 months
Days on market (closed sales)94 median
For sale right now3 active, 0 pending · median asking $759,900 · 7.2 months of supply
Owner-occupied (homestead) share22%

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Formosa Gardens key facts,” movewithmomentum.com/neighborhoods/formosa-gardens-kissimmee, data as of September 20, 2026.

Last 30 days in Formosa Gardens: 3 new listings (median asking $995,000). As of September 27, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Formosa Gardens Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$652K ▲
Median sold · 12 mo
up 9.6% vs the prior 12 months
+9.6% ▲
1-yr price change
n = 5 and 4 sales in the two windows
$241/sf
Sold $/sqft · 12 mo
peak $241 in 2026
92.0%
Sale vs ask
Tempo
7.2mo
Supply
3 to 6 months is the balanced band
94days
Median DOM · closed
6 days at the 2024 low
0%
Under contract
Osceola: 20% (1,093 of 5,558)
3 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
22%
Owner-occupied · Formosa Gardens
17 of 77 parcels homesteaded (FL DOR 2025)
78%
Non-owner-occupied · Formosa Gardens
incl. 12% trust or LLC-held · 61% out-of-state
77
Homes in the community
77 residential parcels (FL DOR 2025)
Track record · 21 years of records
7
Recorded sales · 2024-2025
median $700K · qualified sales on the county roll (FL DOR 2025)
Est. 1999
Community established
homes built 1999-2013, median 2002 (FL DOR 2025)
3,676sqft
Median sold home size
12-mo windows, closed sales
6.5%/yr
Turnover rate
about 5 of 77 homes trade a year

Homes For Sale Right Now in Formosa Gardens

Live MLS inventory for Formosa Gardens. 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 Formosa Gardens listings as of 2026-09-26, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2026. Tap any home to ask about it.

Every Home for Sale in Formosa Gardens Kissimmee Right Now (4)

All 4 active and pending Formosa Gardens Kissimmee listings with a detail page, newest first, refreshed twice a day from the MLS.

Formosa Gardens Housing Pulse · Momentum Research · as of September 20, 2026

Formosa Gardens right now

🟢 Buyer-leaning market. 7.2 months of supply and 0% 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 September 20, 2026. Confidence: Medium (3 active and pending listings, 5 closed sales in 12 months).

🟢 Still climbing. The trailing-12-month median ($652K) is up 9.6% from the prior 12 months ($595K). With about 4 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: Low (5 and 4 sales in the two windows).

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

· Updated September 27, 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

Formosa Gardens market snapshot (as of September 20, 2026): the median sale price is about $652K ($241 per sq ft over the trailing 12 months of closed sales), a median 94 days on market for closed sales, and 7.2 months of supply, a buyer-leaning market. The trailing-12-month median is up 10% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).

In ZIP 34747 (KISSIMMEE), 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 7 qualified sales in Formosa Gardens across 2024 - 2025 (5 in 2024, 2 in 2025), median $700,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Formosa Gardens is a community of 77 homes in Kissimmee, Osceola County, built between 1999 and 2013 (median 2002), with a median living area of about 3,546 square feet. 22% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 8 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$400K$600K20122014201620182020202220242026
Up 9.6% year over year.
Every sale since 2005 · price vs size
$0$500K$1M$1.5M2k4k6k8k
39 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$25020122014201620182020202220242026
Up from $155 in 2012 to a $241 peak in 2026; $241 now.
Median days on market · closed sales
010020020122014201620182020202220242026
6 days at the 2024 low; 94 now.
Sale price vs original ask · median
85%90%95%100%20122014201620182020202220242026
92.0% now.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 5 in the current window.
How much local inventory is already under contract

12% of homes for sale in ZIP 34747 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 (2026-09-26).

Formosa Gardens Market Scorecard

Buyer-leaning

Formosa Gardens is currently a buyer-leaning market. About 7.2 months of supply, a median asking price of $759,900, and homes go under contract in about 3 days.

7.2
Months supply
$759,900
Median list
$652,000
Median sold
$262
List $/sqft
3
Days on mkt
4/0/5
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Formosa Gardens, KISSIMMEE

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 7 listings
Distress share trend - 0.0% now (2026-08-12 → 2026-09-25)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

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
  • Westside K-8 · Elementary
  • West Side · Middle
  • Celebration High · High

Zoned schools reflect the assignments reported on recent Formosa Gardens 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 Formosa Gardens address.

If we were buying in Formosa Gardens 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 Formosa Gardens.

A closer look at the Formosa Gardens market

At a median of $241 per square foot, Formosa Gardens 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 7.2 months of supply, a buyer-leaning market and the trailing-12-month median up 10% year over year. Homes that do trade take a median 94 days on market, useful leverage on any listing that has lingered.

The housing stock is 77 homes built between 1999 and 2013, and 22% 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 Formosa Gardens. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.5C- · Buy Score
Recent Direction8.4/10
Liquidity & Demand2.8/10
Owner Commitment2.2/10
Pricing Power4.7/10

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 (4.5). Basis: Recent Direction +9.6% year-over-year; Liquidity & Demand 7.2 months of supply; Owner Commitment 22% owner-occupied; Pricing Power 92.0% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Formosa Gardens homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Formosa Gardens.
In short
  • HOA dues reported around $125/month (about $1,500/yr) · median of 126 MLS listings, most billed annually
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $125 per month ($1,500 a year) - the median AssociationFee across 126 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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 Formosa Gardens sales matched to your home.

What is your Formosa Gardens home worth?

Get a no-obligation home value based on real comparable sales in Formosa Gardens, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Recently off market in Formosa Gardens

Homes in Formosa Gardens 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. 1 on record.

Frequently Asked Questions

What is the median home price in Formosa Gardens?
The median sale price in Formosa Gardens was $652K over the 12 months ending September 20, 2026 (5 closed sales, Stellar MLS).
How long do homes in Formosa Gardens take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 94 days on market (5 sales, Stellar MLS).
Is Formosa Gardens a buyer's or seller's market right now?
As of September 20, 2026, Formosa Gardens leans toward buyers: 7.2 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Formosa Gardens?
The Florida DOR 2025 assessment roll shows 77 homes in Formosa Gardens (public records).
What share of Formosa Gardens is owner-occupied?
22% of Formosa Gardens parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Formosa Gardens built?
Homes in Formosa Gardens were built between 1999 and 2013, with a median year built of 2002 (FL DOR 2025 roll).
Who is the best real estate agent for Formosa Gardens?
The best agent for Formosa Gardens is one who actively works Kissimmee 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 Formosa Gardens.
How do I find a top Kissimmee real estate agent who knows Formosa Gardens?
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 Formosa Gardens and the wider Kissimmee area.
Can Momentum Realty connect me with an agent for Formosa Gardens?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Formosa Gardens purchase or sale - no call center and no pressure.
Where is Formosa Gardens, and what county is it in?
Formosa Gardens is in KISSIMMEE, Osceola County, FL, ZIP 34747. The community's center is about 12 miles west of the center of KISSIMMEE (straight-line).
Is Formosa Gardens 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 Formosa Gardens: the median sale price over the last 12 months was $652K (5 sales), 68% above the KISSIMMEE median of $388K; homes took a median 94 days to go under contract; the assessment roll counts 77 homes, 22% of them homesteaded (owner-occupied); supply is 7.2 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: September 26, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 34747))
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2005 (39 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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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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Nearby Communities

Explore more neighborhoods near Formosa Gardens with Momentum Realty’s local guides.

FGFormosa Gardens Estates0.2 mi away · 68 homes, built 1999–13Rolling Hills Estates0.3 mi away · 41 homes, built 1988–05Wyndham Pointe0.3 mi away · 32 homes, built 2003–06, 5 for saleWyndham Pointe Acadia Estates0.3 mi away · 1 for saleOIOak Island Harbor0.4 mi away · 122 homes, built 1992–13

Browse all neighborhood guides →

Thinking of selling in Formosa Gardens? 5 recorded closings; median 94 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.
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