Formosa Gardens
Homes for Sale in Kissimmee, FL
All 2,933 homes for sale in KISSIMMEE, FL · median $373,400 · 617 homes for sale in 34747 · Osceola County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Formosa Gardens in Kissimmee, FL has 3 homes for sale. Over the 12 months ending 2026-09-12, 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; 8 of 8 report an HOA (median $123/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.
- Oak Island Harbor at Formosa Gardens · 2 for sale · 4 sold/12 mo
- Rolling Hills Estates Unit 1 at Formosa Gardens · 1 for sale · 8 sold/12 mo
- Formosa Gardens Estates
- Formosa Gardens Rolling Hills Estates
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 2026-09-14, 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.
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 12, 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 12. Confidence: Low (5 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 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
Formosa Gardens market snapshot (as of September 12, 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), 2,598 homes closed in the last 12 months at a median of $458K ($220/sq ft), down 3.9% year over year, with a median 74 days on market. Right now 552 active and 96 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.
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).
The setting & the homes.
Aerial and on-site photos of Formosa Gardens. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Formosa GardensPhotos from Stellar MLS listings in Formosa Gardens; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($652K) IS the median in the snapshot above, and the move from 2025 ($595K) IS the +9.6% one-year change.
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.
FORMOSA GARDENS Market Scorecard
FORMOSA GARDENS is currently a buyer's market. About 7.2 months of supply, a median asking price of $759,900, and homes go under contract in about 2 days.
Typical home value in the 34747 ZIP is $400,438, about 3.4% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Formosa Gardens on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Formosa Gardens
- Gated · reported on 3 of 5 listings
- Gated Community · reported on 3 of 5 listings
- Gated Community - No Guard · reported on 2 of 5 listings
- Vehicle Restrictions · reported on 1 of 5 listings
- Deed Restrictions · reported on 1 of 5 listings
- Security Gate · reported on 1 of 5 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
The Formosa Gardens buying strategy.
If we were buying in Formosa Gardens 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.
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.
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 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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Formosa Gardens 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 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
- HOA dues reported around $123/month (about $1,476/yr) · median of 24 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $123 per month ($1,476 a year) - the median AssociationFee across 24 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.
Tools for a Formosa Gardens 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 Formosa Gardens sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Formosa Gardens, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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.
See all homes for sale in Kissimmee →
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.
- 2713 Formosa Boulevard · off market
Frequently Asked Questions
What is the median home price in Formosa Gardens?
How long do homes in Formosa Gardens take to sell?
Is Formosa Gardens a buyer's or seller's market right now?
How many homes are in Formosa Gardens?
What share of Formosa Gardens is owner-occupied?
When were the homes in Formosa Gardens built?
Who is the best real estate agent for Formosa Gardens?
How do I find a top Kissimmee real estate agent who knows Formosa Gardens?
Can Momentum Realty connect me with an agent for Formosa Gardens?
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 14, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 12, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 34747)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-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.
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 local comps.
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See how Formosa Gardens fits the bigger picture — live prices, inventory, and Momentum Scores:
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