Chase Groves Unit 3
Homes for Sale in Lake Mary, FL

Community in Lake Mary · Seminole County
287 homesBuilt 1991–2002Median sale $380K
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Live · CHASE GROVES UNIT 3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$370K
Median sold · 12 mo
down 1.3% vs the prior 12 months
-1.3%
1-yr price change
n = 21 and 17 sales in the two windows
$222/sf
Sold $/sqft · 12 mo
peak $253 in 2023
96.5%
Sale vs ask
+214%
T12M median vs 2012
from a $118K median in 2012
Tempo
18days
Median DOM · closed
4 days at the 2022 low
21
Sold · last 12 mo
10-yr average: about 13 a year
Ownership and context
62%
Owner-occupied · CHASE GROVES UNIT 3
433 of 703 parcels homesteaded (FL DOR 2025)
38%
Non-owner-occupied · CHASE GROVES UNIT 3
incl. 15% trust or LLC-held · 18% out-of-state
12%
Cash buyers · CHASE GROVES UNIT 3
3 of 24 sales, 12 mo ending June 2026
703
Homes in the community
703 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1991
Community established
homes built 1991-2002, median 1996 (FL DOR 2025)
4
Failed listings · 2026
peaked at 55 in 2008
1,592sqft
Median sold home size
12-mo windows, closed sales
3.0%/yr
Turnover rate
about 21 of 703 homes trade a year
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Chase Groves Unit 3 is a built-out pocket of Lake Mary where homes date from 1991 to 2002, clustering around a 1997 vintage and roughly 1,700 square feet. With a median near $380,000 and about $214 per square foot, price here is driven less by any single floor plan and more by condition and updates — the homes are old enough that kitchens, roofs, and systems separate a strong listing from a tired one.

The market posture is brisk but not frantic. A median of 14 days on market off a short three-closing window tells you well-prepared homes move quickly, but that small sample means you should weigh each comp carefully rather than assume a trend. For sellers, presentation and pricing to the median do the heavy lifting; for buyers, expect to move decisively on updated inventory and to underwrite deferred maintenance on the rest.

CHASE GROVES UNIT 3 Housing Pulse · Momentum Research · as of August 2, 2026

CHASE GROVES UNIT 3 right now

🟡 Off the recent peak. The trailing-12-month median ($370K) is down 1.3% from the prior 12 months ($375K) and up 214% since 2012. With about a dozen 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 August 2. Confidence: High (21 and 17 sales in the two windows).

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

Updated August 2, 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

Chase Groves Unit 3 market snapshot (as of July 13, 2026): the median sale price is about $380K ($214 per sq ft over the trailing 12 months of closed sales), and a median 14 days on market for closed sales.

Chase Groves Unit 3 is a community of 287 homes in Lake Mary, Seminole County, built between 1991 and 2002 (median 1997), with a median living area of about 1,700 square feet. 60% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is an established, fully built section of 287 homes in Seminole County — no new construction to compete with, so what trades is existing stock that turns over selectively.

Best for

  • Buyers targeting the mid-$300s to high-$300s for an established single-family home
  • Owner-occupants who value a settled, built-out community over new construction
  • Buyers willing to take on a dated home and update it to build in value

Probably not for

  • Anyone set on new construction or homes built in the last two decades
  • Buyers who need move-in-ready condition and won't budget for 1990s-era systems
  • Investors needing a deep, high-velocity pool of comps to model quick flips

Windows contain 0 to 8 sales each (3 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 %s through %s. Deemed reliable but not guaranteed.

Every sale since 2005 · price vs size
$0$200K$400K2k2k2k3k
33 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 3 in the current window.
Sellers who gave up · failed listings per year
0258200620082010201220142016201820242025
Canceled, expired, or withdrawn. 9 quit in 2008; 0 so far in 2025. The clearest stress gauge a community has.

If we were buying in Chase Groves Unit 3 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 Chase Groves Unit 3.

Best Buy
Buyers who want an established Lake Mary address with no new-build competition.
Biggest Risk
A thin recent-closing sample makes any single comp less reliable.
Sweet Spot
An updated home near the median that trades on condition, not surprises.
Avoid If
You want new construction or a home with no deferred maintenance to budget for.

Age, condition, and the owner-occupant tilt

With a homestead share near 60 percent, most of Chase Groves Unit 3 is owner-occupied, which tends to show up in maintained lawns and slower, more deliberate turnover. That mix matters when you read a listing: the homes here are 1990s and early-2000s construction, so the real value question is whether a given property has kept pace with updates or is priced as a project.

Because the price spread is condition-led rather than size-led — most homes sit around that 1,700-square-foot mark — the median tells you the middle of the market but not much about any one house. A renovated home and a dated one can both list near the median for very different reasons, so a walk-through and a systems check are where the actual number gets set.

The location and the amenities are priced into every listing in Chase Groves Unit 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a built-out community with a thin closing window, comps are scarce and condition is everything, so a lazy price-per-square-foot pull will mislead you. We read each recent trade against its actual condition, price to the market that exists rather than a rounded guess, and tell you plainly when a listing is a project versus a turnkey buy.

Chase Groves Unit 3 in 15 seconds.

Best forBuyers who want an established Lake Mary address with no new-build competition.
Biggest advantageOwner-occupant stability and quick-moving updated inventory.
Biggest riskA thin recent-closing sample makes any single comp less reliable.
Sweet spotAn updated home near the median that trades on condition, not surprises.
Avoid ifYou want new construction or a home with no deferred maintenance to budget for.

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 Chase Groves Unit 3 sales matched to your home.

What is your Chase Groves Unit 3 home worth?

Get a no-obligation home value based on real comparable sales in Chase Groves Unit 3, 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 homes for sale in Chase Groves Unit 3 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Chase Groves Unit 3?
The median sale price in Chase Groves Unit 3 was $380K over the 12 months ending July 13, 2026 (3 closed sales, Stellar MLS).
How long do homes in Chase Groves Unit 3 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 14 days on market (3 sales, Stellar MLS).
How many homes are in Chase Groves Unit 3?
The Florida DOR 2025 assessment roll shows 287 homes in Chase Groves Unit 3 (public records).
What share of Chase Groves Unit 3 is owner-occupied?
60% of Chase Groves Unit 3 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Chase Groves Unit 3 built?
Homes in Chase Groves Unit 3 were built between 1991 and 2002, with a median year built of 1997 (FL DOR 2025 roll).
Do cash buyers compete in Chase Groves Unit 3?
Cash buyers took 0% of Chase Groves Unit 3 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Chase Groves Unit 3?
The best agent for Chase Groves Unit 3 is one who actively works Lake Mary 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 Chase Groves Unit 3.
How do I find a top Lake Mary real estate agent who knows Chase Groves Unit 3?
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 Chase Groves Unit 3 and the wider Lake Mary area.
Can Momentum Realty connect me with an agent for Chase Groves Unit 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Chase Groves Unit 3 purchase or sale - no call center and no pressure.
Buyers targeting the mid-$300s to high-$300s for an established single-family homeExcellent fit
Owner-occupants who value a settled, built-out community over new constructionExcellent fit
Buyers willing to take on a dated home and update it to build in valueExcellent fit
Anyone set on new construction or homes built in the last two decadesProbably not
Buyers who need move-in-ready condition and won't budget for 1990s-era systemsProbably not
Investors needing a deep, high-velocity pool of comps to model quick flipsProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 32746))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (33 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.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($370K) IS the median in the snapshot above, and the move from 2025 ($375K) IS the -1.3% one-year change.

Windows contain 0 to 42 sales each (21 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 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K$400K20122014201620182020202220242026
Down 1.3% year over year; up 214% since 2012.
Every sale since 2004 · price vs size
$0$200K$400K2k3k
271 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $74 in 2012 to a $253 peak in 2023; $222 now.
Median days on market · closed sales
05020122014201620182020202220242026
4 days at the 2022 low; 18 now.
Sale price vs original ask · median
95%100%20122014201620182020202220242026
96.5% now.
Homes sold per 12-mo window
0204020122014201620182020202220242026
0 to 42 a year; 21 in the current window.
Sellers who gave up · failed listings per year
020402004200820122016202020242026
Canceled, expired, or withdrawn. 55 quit in 2008; 4 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
89 at the 2021 peak, 31 in the troughs, 41 now. Same score as the hero card, full history.
How much local inventory is already under contract

33% of homes for sale in ZIP 32746 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 (2026-08-01).

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (19 streets, ZIP 32746/32771))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (271 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 your area comps.

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