Cove At Storey Lake 5
Homes for Sale in Kissimmee, FL
True comps, carrying-cost math, and listings before the portals.
Cove At Storey Lake 5 is a new-construction pocket in Kissimmee, with homes built between 2022 and 2024 and a median just under mid-2023. That youth is what sets the price here: at a $537,500 median and roughly $221 per square foot on about 1,969 square feet of living space, you are paying for current construction rather than location premium or land. With homes this uniform in age, price differences come down to floor plan, square footage, and finish level more than anything else.
The market posture is moderate. A median of 46 days on market is neither hot nor slow — sellers should expect a few weeks of exposure and price to condition, not to hope. The 5.4% year-over-year move shows steady support without froth. One number worth flagging: homestead share is zero, which points to a community held largely for reasons other than primary residence. Buyers should read that carefully, and sellers should understand who their competition and their buyer pool likely are.
Cove At Storey Lake 5 right now
🟡 Still climbing. The trailing-12-month median ($538K) is up 5.4% from the prior 12 months ($510K). With about 5 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 July 15. Confidence: Low (12 and 5 sales in the two windows).
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Updated July 15, 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
Cove At Storey Lake 5 market snapshot (as of July 15, 2026): the median sale price is about $538K ($221 per sq ft over the trailing 12 months of closed sales), and a median 46 days on market for closed sales. The trailing-12-month median is up 5% from the prior 12 months, computed from record-level Stellar MLS closed sales (12 closings in the current window).
Cove At Storey Lake 5 is a community of 238 homes in Kissimmee, Osceola County, built between 2022 and 2024 (median 2023.0), with a median living area of about 1,969 square feet. 0% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a young community by Storey Lake in Kissimmee, where nearly every home was built within a tight 2022 to 2024 window, so the inventory looks and prices more consistently than most resale neighborhoods.
Who Cove At Storey Lake 5 is best for.
Best for
- Buyers set on new construction who want to avoid the deferred maintenance of older resale homes
- Buyers with a budget near the mid-$500s looking for around 1,969 square feet
- Buyers who value being able to compare near-identical floor plans before committing
Probably not for
- Buyers seeking an established neighborhood with mature landscaping and varied architecture
- Buyers who want a community weighted toward owner-occupied primary residences
- Buyers needing a fast, guaranteed sale timeline, given the roughly 46-day median on market
The Cove At Storey Lake 5 buying strategy.
If we were buying in Cove At Storey Lake 5 today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Cove At Storey Lake 5.
New construction, zero homestead, and what that means
With 238 homes and a median build year of 2023, Cove At Storey Lake 5 trades like a new-construction market: floor plans repeat, condition is generally strong, and the median of $537,500 reflects that consistency. The spread in price is driven by size and finish rather than a wide age gap, so comparing two listings here is unusually apples-to-apples.
The zero homestead share is the defining structural fact. It tells you this community leans toward non-primary ownership, which shapes everything from HOA context to how quickly resale inventory turns over. If you are buying as a primary residence, understand you may be one of few doing so; if you are buying for another purpose, verify the community's rules and restrictions in writing before you commit.
The location and the amenities are priced into every listing in Cove At Storey Lake 5. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Cove At Storey Lake 5 buys, holds, and resells. Momentum Research; not an appraisal.
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 3 factors (5.2). Basis: Recent Direction +5.4% year-over-year; Owner Commitment 0% owner-occupied; Pricing Power 97.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
New-construction communities reward buyers who compare floor plans and finish levels precisely rather than chasing a headline price, and they reward sellers who price to condition against a nearly identical pool of competitors. We know the Storey Lake inventory, we will pull the true comparable closings inside this community, and we will tell you plainly when a listing is priced ahead of the 46-day norm — or when it is the one worth moving on.
Cove At Storey Lake 5 in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Cove At Storey Lake 5 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cove At Storey Lake 5 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cove At Storey Lake 5, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cove At Storey Lake 5 home worth?
Get a no-obligation home value based on real comparable sales in Cove At Storey Lake 5, 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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Frequently Asked Questions
What is the median home price in Cove At Storey Lake 5?
How long do homes in Cove At Storey Lake 5 take to sell?
How many homes are in Cove At Storey Lake 5?
What share of Cove At Storey Lake 5 is owner-occupied?
When were the homes in Cove At Storey Lake 5 built?
Do cash buyers compete in Cove At Storey Lake 5?
Who is the best real estate agent for Cove At Storey Lake 5?
How do I find a top Kissimmee real estate agent who knows Cove At Storey Lake 5?
Can Momentum Realty connect me with an agent for Cove At Storey Lake 5?
Should you buy in Cove At Storey Lake 5?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34746/34747)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2022 (24 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 your area comps.
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