Formosa Valley in Kissimmee

Formosa Valley
Homes for Sale in Kissimmee, FL

All 2,920 homes for sale in KISSIMMEE, FL · median $374,990 · Osceola County homes for sale

Community in Kissimmee · Osceola County · ZIP 34747
Median sale $452K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data4 years of closingsUpdated twice daily

As of September 2026, Formosa Valley in Kissimmee, FL has 4 homes for sale and 1 pending, asking from $438,900 to $489,900 (median $472,450). Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $452,500, $214 per square foot, a median 81 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 2021 - 2021; 9 of 9 report an HOA (median $359/mo); none of the 8 geocoded homes sit in a FEMA special flood hazard zone (median elevation 117 ft). At the median price and Osceola County's FY2025-26 rate of 15.23 mills, annual property tax runs about $6,890 ($6,290 with the full homestead exemption).

Live · Formosa Valley Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$452K
Median sold · 12 mo
$214/sf
Sold $/sqft · 12 mo
peak $219 in 2022
96.9%
Sale vs ask
Osceola median: 95.9%
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
82days
Median DOM · closed
0 days at the 2022 low
20%
Under contract
Osceola: 20% (1,079 of 5,502)
4 · 1
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 4 years of records
2,112sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Formosa Valley

Live MLS inventory for Formosa Valley. 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 Valley listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2022 through 2026. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

With only four active listings and a 24-month supply reading, Formosa Valley is a thin market where a single new listing or a single sale can swing the numbers hard. That combination of low inventory and a high months-of-supply figure tells you sales have been moving slowly relative to what's on the shelf, not that the community is flooded with homes.

This is a buyer-leaning market by the data, but with so few listings there is limited room to shop side-by-side comparisons. Sellers here need patience and realistic pricing given the slow absorption pace; buyers gain negotiating room but should expect a smaller pool of choices at any given time.

Formosa Valley Housing Pulse · Momentum Research · as of September 12, 2026

Formosa Valley right now

🟢 Buyer-leaning market. 12.0 months of supply and 20% 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 (5 active and pending listings, 4 closed sales in 12 months).

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

· Updated September 14, 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 Valley market snapshot (as of September 12, 2026): the median sale price is about $452K ($214 per sq ft over the trailing 12 months of closed sales), a median 82 days on market for closed sales, and 12.0 months of supply, a buyer-leaning market.

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.

Stellar MLS sales records identify 13 homes in Formosa Valley that have changed hands since 2022, built between 2021 and 2022 (median 2021), with a median living area of about 2,112 sq ft and a typical 4-bedroom, 4.5-bath layout; 77% are townhomes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Formosa Valley is a small, deed-restricted, gated section of Kissimmee in Osceola County built around a shared pool and clubhouse, with a market that currently favors buyers on price leverage but offers very few homes to choose from at once.

Best for

  • Buyers prioritizing a gated, deed-restricted setting with pool and clubhouse amenities over a large selection of homes
  • Buyers with flexible timing who can wait for the right listing to surface in a low-inventory market
  • Buyers looking for negotiating leverage in a market currently favoring buyers

Probably not for

  • Buyers who want to compare multiple homes side-by-side before deciding
  • Buyers on a tight timeline who need to close quickly
  • Sellers expecting a fast sale without pricing to the current slow-absorption conditions

Housing distress & ownership in FORMOSA VALLEY, KISSIMMEE

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

Active inventory in distress
3.28%
2 of 61 listings · short sale 2
Distress share trend - 3.28% now (2026-08-12 → 2026-09-11)

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
  • Celebration High · High

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

If we were buying in Formosa Valley 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 Valley.

Best Buy
Buyers who want a small, gated community with shared pool and clubhouse access and are comfortable with a limited selection at any given time.
Biggest Risk
With only four active listings, the right fit may not always be available when you're ready to move.
Sweet Spot
Buyers who aren't in a rush and want to wait for the right home rather than the first available one.
Avoid If
Avoid if you need a wide selection to compare or a fast, predictable closing timeline.

A Small, Slow-Moving Pocket of Kissimmee

The headline number here is scarcity: four active listings is a tight count for any community, and it means timing matters more than usual. A buyer who finds the right layout or lot may not have a second option waiting in the wings if they hesitate.

The 24-month supply figure is the other half of the story. That's a long runway relative to recent closing activity, which is consistent with the buyer-leaning label. It suggests homes here have been taking longer to sell, giving buyers more room to negotiate on price and terms than they'd get in a faster-moving market, while sellers should plan for a longer marketing period rather than a quick close.

The location and the amenities are priced into every listing in Formosa Valley. 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 community with only a handful of active listings, having a broker who tracks every new listing and every closing as it happens is the difference between missing a fit and catching it early. We watch this kind of thin, slow-absorbing market closely so clients don't have to guess at timing on their own.

Formosa Valley in 15 seconds.

Best forBuyers who want a small, gated community with shared pool and clubhouse access and are comfortable with a limited selection at any given time.
Biggest advantageThe buyer-leaning market and long months-of-supply give buyers real room to negotiate.
Biggest riskWith only four active listings, the right fit may not always be available when you're ready to move.
Sweet spotBuyers who aren't in a rush and want to wait for the right home rather than the first available one.
Avoid ifAvoid if you need a wide selection to compare or a fast, predictable closing timeline.

HOA, CDD & Fees

In short
  • HOA dues reported around $359/month (about $4,308/yr) · median of 16 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $359 per month ($4,308 a year) - the median AssociationFee across 16 MLS records, normalised to a monthly figure; most are billed monthly. 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 Valley sales matched to your home.

What is your Formosa Valley home worth?

Get a no-obligation home value based on real comparable sales in Formosa Valley, 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 Valley

Homes in Formosa Valley 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.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Osceola County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,241/mo
Osceola County typical true cost to own
$145/mo
Osceola County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

FORMOSA VALLEY Market Scorecard

Strong buyer's market

FORMOSA VALLEY is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $472,450, and homes go under contract in about 4 days.

12.0
Months supply
$472,450
Median list
$452,500
Median sold
$221
Per sqft
4
Days on mkt
4/1/4
Active/Pend/Sold

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: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

What is the median home price in Formosa Valley?
The median sale price in Formosa Valley was $452K over the 12 months ending September 12, 2026 (4 closed sales, Stellar MLS).
How long do homes in Formosa Valley take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 82 days on market (4 sales, Stellar MLS).
Is Formosa Valley a buyer's or seller's market right now?
As of September 12, 2026, Formosa Valley leans toward buyers: 12.0 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Formosa Valley?
The best agent for Formosa Valley 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 Valley.
How do I find a top Kissimmee real estate agent who knows Formosa Valley?
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 Valley and the wider Kissimmee area.
Can Momentum Realty connect me with an agent for Formosa Valley?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Formosa Valley purchase or sale - no call center and no pressure.
Buyers prioritizing a gated, deed-restricted setting with pool and clubhouse amenities over a large selection of homesExcellent fit
Buyers with flexible timing who can wait for the right listing to surface in a low-inventory marketExcellent fit
Buyers looking for negotiating leverage in a market currently favoring buyersExcellent fit
Buyers who want to compare multiple homes side-by-side before decidingProbably not
Buyers on a tight timeline who need to close quicklyProbably not
Sellers expecting a fast sale without pricing to the current slow-absorption conditionsProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 12, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2022 (9 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.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in Formosa Valley? 4 recorded closings; median 81 days on market (window ending 2026-09-12). 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.

Nearby Communities

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

FGFormosa Gardens Rolling Hills Estates0.2 mi awayRHRolling Hills Estates0.3 mi away · median $288K, 3 sales/12 moWPWyndham Palms Windsor Palms0.3 mi awayIndian Creek0.4 mi away · median $441K, 35 sales/12 moICIndian Creek0.4 mi awayICIndian Creek0.4 mi away

Browse all neighborhood guides →

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