Momentum Housing Data · Home Values · Seminole County
HANOVER WOODS (LAKE MARY, FL): 3 recorded closings in the 12 months ending 2026-08-02, a 7-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 94.1% of original asking; the median sale took 57 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $770,000 | $310 | 57 | 94.1% | 3 |
| 2025 | $740,000 | $230 | 3 | 97.9% | 5 |
| 2024 | $699,800 | $265 | 4 | 100.0% | 5 |
| 2022 | $652,500 | $242 | 26 | 101.7% | 4 |
| 2018 | $445,000 | $145 | 32 | 95.7% | 3 |
| 2017 | $432,500 | $135 | 185 | 92.1% | 6 |
| 2016 | $374,500 | $148 | 54 | 93.1% | 5 |
Over the recorded series, HANOVER WOODS’s median sold price moved from $374,500 (2016) to $770,000 (12 months ending 2026-08-02) — +106% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2016 at $374,500. Annual sales volume here has ranged from 0 to 6 closings a year (10-yr average 2.9). With roughly 2.9 closings a year, HANOVER WOODS’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
What actually trades here: 100% single-family residence, with a median of 2,514 sq ft and a median price per square foot of $310 in the current window.
From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 1980 and 1984 (median 1983); 6 of 6 listed or recently sold homes report an HOA, median $79/mo; 1 of 6 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 52 ft. See the current HANOVER WOODS listings →
At HANOVER WOODS’s $770,000 median and Seminole County’s adopted 15.18 mills (FY2025-26), a home assessed at that price carries roughly $11,690 a year in property tax before exemptions, or about $11,090 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Seminole County tax page.
Current asking prices run a median $799,000 against the $770,000 recorded sold median (+4%) — the gap between what sellers hope and what the record shows. The market is carrying about 4 months of supply at the current sales pace. Demand check: 50% of HANOVER WOODS’s listings are under contract, against 33% for ZIP 32746 and 30% for Seminole County as a whole — the community is absorbing faster than its surroundings. Since 2004, 65 HANOVER WOODS listings were withdrawn, canceled, or expired without selling (1 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 63% of HANOVER WOODS listings ended without selling (withdrawn/canceled/expired); in 2025 that rate was 25%. Momentum’s market-heat index for HANOVER WOODS reads 33/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 25% of recorded HANOVER WOODS sales in the window ending 2026-06 (1 of 4) — a fact worth knowing before assuming every buyer needs an appraisal to close. Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a HANOVER WOODS buyer will actually pay; the spread on any single home comes down to size, condition and timing.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping HANOVER WOODS are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| CARRINGTON PARK | $540,000 | $289 | 5 | 3 |
| HEATHROW | $800,000 | $295 | 18 | 29 |
| HEATHROW/KEENWICKE | $568,000 | $292 | 26 | 3 |
| KEENWICKE | $559,000 | $294 | 13 | 4 |
More HANOVER WOODS: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2025. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.