Greater Hills Ph 04
Homes for Sale in Clermont, FL

Community in Clermont · Lake County
127 homesBuilt 1992–1998Median sale $350K
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Greater Hills Ph 04 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$350K
Median sold · 12 mo
$220/sf
Sold $/sqft · 12 mo
peak $245 in 2024
95.7%
Sale vs ask
Lake median: 95.7%
Tempo
67days
Median DOM · closed
48 days at the 2024 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
83%
Owner-occupied · Greater Hills Ph 04
105 of 127 parcels homesteaded (FL DOR 2025)
17%
Non-owner-occupied · Greater Hills Ph 04
incl. 8% trust or LLC-held · 5% out-of-state
0%
Cash buyers · Greater Hills Ph 04
0 of 3 sales, 12 mo ending June 2026
127
Homes in the community
127 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1992
Community established
homes built 1992-1998, median 1993 (FL DOR 2025)
0
Failed listings · 2025
peaked at 2 in 2025
1,594sqft
Median sold home size
12-mo windows, closed sales
2.4%/yr
Turnover rate
about 3 of 127 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Greater Hills Ph 04 is a small, established pocket in Clermont, with 127 homes built in a tight window between 1992 and 1998. That age band matters: at a median of $219.57 per square foot on a median footprint of about 1,554 square feet, price here is driven far more by condition and updates than by square footage or vintage. Two similar-sized homes on this street can land well apart depending on kitchens, baths, roofs, and systems.

The current posture leans patient. A median of 67 days on market — against just three closings in the window — tells you this is a thin, slow-turning segment rather than a bidding-war market. Sellers should price to the median from day one and prep the home to show clean; there is little room for a stretch list price to correct itself quickly. Buyers have time to inspect and negotiate rather than rush.

The 60-Second Overview

Greater Hills Ph 04 market snapshot (as of July 13, 2026): the median sale price is about $350K ($220 per sq ft over the trailing 12 months of closed sales), and a median 67 days on market for closed sales.

Greater Hills Ph 04 is a community of 127 homes in Clermont, Lake County, built between 1992 and 1998 (median 1993), with a median living area of about 1,554 square feet. 83% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A compact enclave of 127 homes from the 1990s, Greater Hills Ph 04 carries a high homestead share of about 83%, which points to an owner-occupied core and relatively limited turnover.

Best for

  • Buyers seeking a modest 1990s-era home they intend to hold for the long term
  • Renovation-minded buyers comfortable budgeting for roof, HVAC, and interior updates
  • Value-focused buyers willing to wait for the right listing in a low-turnover market

Probably not for

  • Buyers who want new construction or larger-than-1,554-square-foot floor plans
  • Short-horizon buyers counting on a quick, liquid resale
  • Buyers who need a wide selection of homes on the market at any given time

Windows contain 0 to 4 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.

Homes sold per 12-mo window
024201620182020202220242026
0 to 4 a year; 3 in the current window.

If we were buying in Greater Hills Ph 04 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 Greater Hills Ph 04.

Best Buy
Buyers who want an established Clermont address in a small, stable enclave.
Biggest Risk
Thin turnover and 67-day market time mean limited comps and slow price discovery.
Sweet Spot
A well-maintained or updated 1990s home priced honestly to the median.
Avoid If
You need a fast resale or a large, new-construction footprint.

A condition-driven resale market

With every home in a 1992–1998 build range and a median year built of 1993, the variable that moves value is upkeep. Roofs, HVAC, water heaters, and original kitchens and baths are the swing factors here, and the median price of $350,000 should be read as a mid-point across homes in very different states of repair — not a range this snapshot can define. Underwrite the specific house, not the neighborhood average.

The high homestead share of roughly 83% is a structural feature worth weighing. It typically signals long-term ownership and steadier inventory, which is consistent with the slow 67-day median. That can mean fewer listings to choose from, so when a well-maintained home appears, the decision window is short even in an unhurried market.

The location and the amenities are priced into every listing in Greater Hills Ph 04. 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 thin, condition-driven segment like this, the value is in reading each home accurately rather than trusting the median. We help sellers price to what the current market will actually bear and prep for a clean showing, and we help buyers separate a cosmetically dated but sound home from one carrying real deferred cost. With only a handful of recent closings to lean on, that hands-on read is the difference between a fair deal and an expensive assumption.

Greater Hills Ph 04 in 15 seconds.

Best forBuyers who want an established Clermont address in a small, stable enclave.
Biggest advantageA high homestead share and tight build era make for a predictable, owner-occupied core.
Biggest riskThin turnover and 67-day market time mean limited comps and slow price discovery.
Sweet spotA well-maintained or updated 1990s home priced honestly to the median.
Avoid ifYou need a fast resale or a large, new-construction footprint.

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 Greater Hills Ph 04 sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Greater Hills Ph 04?
The median sale price in Greater Hills Ph 04 was $350K over the 12 months ending July 13, 2026 (3 closed sales, Stellar MLS).
How long do homes in Greater Hills Ph 04 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 67 days on market (3 sales, Stellar MLS).
How many homes are in Greater Hills Ph 04?
The Florida DOR 2025 assessment roll shows 127 homes in Greater Hills Ph 04 (public records).
What share of Greater Hills Ph 04 is owner-occupied?
83% of Greater Hills Ph 04 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Greater Hills Ph 04 built?
Homes in Greater Hills Ph 04 were built between 1992 and 1998, with a median year built of 1993 (FL DOR 2025 roll).
Do cash buyers compete in Greater Hills Ph 04?
Cash buyers took 0% of Greater Hills Ph 04 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Greater Hills Ph 04?
The best agent for Greater Hills Ph 04 is one who actively works Clermont 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 Greater Hills Ph 04.
How do I find a top Clermont real estate agent who knows Greater Hills Ph 04?
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 Greater Hills Ph 04 and the wider Clermont area.
Can Momentum Realty connect me with an agent for Greater Hills Ph 04?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Greater Hills Ph 04 purchase or sale - no call center and no pressure.
Buyers seeking a modest 1990s-era home they intend to hold for the long termExcellent fit
Renovation-minded buyers comfortable budgeting for roof, HVAC, and interior updatesExcellent fit
Value-focused buyers willing to wait for the right listing in a low-turnover marketExcellent fit
Buyers who want new construction or larger-than-1,554-square-foot floor plansProbably not
Short-horizon buyers counting on a quick, liquid resaleProbably not
Buyers who need a wide selection of homes on the market at any given timeProbably 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 34711))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (19 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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