Greater Hills Ph 05
Homes for Sale in Clermont, FL

Community in Clermont · Lake County
122 homesBuilt 1992–1998Median sale $368K
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Greater Hills Ph 05 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$368K
Median sold · 12 mo
$259/sf
Sold $/sqft · 12 mo
peak $259 in 2026
96.2%
Sale vs ask
Lake median: 95.7%
Tempo
75days
Median DOM · closed
20 days at the 2015 low
5
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
84%
Owner-occupied · Greater Hills Ph 05
103 of 122 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Greater Hills Ph 05
incl. 5% trust or LLC-held · 2% out-of-state
0%
Cash buyers · Greater Hills Ph 05
0 of 5 sales, 12 mo ending June 2026
122
Homes in the community
122 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1992
Community established
homes built 1992-1998, median 1994 (FL DOR 2025)
0
Failed listings · 2025
peaked at 2 in 2023
1,384sqft
Median sold home size
12-mo windows, closed sales
4.1%/yr
Turnover rate
about 5 of 122 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Greater Hills Ph 05 is a compact, established pocket in Clermont, built out between 1992 and 1998 with a median living area right around 1,597 square feet. Price here is driven less by size or vintage variation and more by condition and updates: the homes are close in age, so what separates a strong sale from a soft one is renovation state, not square footage. The median sits at $368,000, or about $258.67 per square foot.

The market posture is patient. A median of 75 days on market says buyers are taking their time and pricing has to be right out of the gate. Sellers who list on condition-inflated hopes will sit; sellers who price to the median and present a move-in-ready home have room to negotiate from strength. For buyers, the slower pace is leverage — there is time to inspect, compare, and hold a line on price.

The 60-Second Overview

Greater Hills Ph 05 market snapshot (as of July 13, 2026): the median sale price is about $368K ($259 per sq ft over the trailing 12 months of closed sales), and a median 75 days on market for closed sales.

Greater Hills Ph 05 is a community of 122 homes in Clermont, Lake County, built between 1992 and 1998 (median 1994.0), with a median living area of about 1,597 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a mature, mid-1990s subdivision of 122 homes where a high owner-occupancy share (about 84% homestead) points to a stable, lived-in enclave rather than an investor churn zone.

Best for

  • Long-hold buyers around the mid-$360s who want an established, owner-occupied neighborhood
  • Buyers willing to renovate an untouched 1990s home and build equity through updates
  • Value-minded shoppers who can use the slower 75-day pace to negotiate patiently

Probably not for

  • Investors chasing rapid appreciation or a fast resale
  • Buyers who need substantially more than ~1,600 square feet of living space
  • Anyone needing brand-new construction or contemporary systems without doing the work

Windows contain 0 to 6 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 %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02462014201620182020202220242026
0 to 6 a year; 5 in the current window.

If we were buying in Greater Hills Ph 05 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 05.

Best Buy
Buyers who want an established Clermont address with stable owner-occupancy and mid-1990s bones.
Biggest Risk
Aging systems and deferred updates can hide behind a similar-looking exterior — inspect thoroughly.
Sweet Spot
A move-in-ready updated home priced near the median.
Avoid If
You need a quick flip or fast turnover; this market moves slowly.

A condition-driven resale market

With every home built in a tight 1992–1998 window and a median build year of 1994, the housing stock is uniform in bones and age. That uniformity is useful: it makes comparables clean and it means the spread in sale outcomes comes down to what an owner has put into the roof, systems, kitchens, and baths over three decades. Expect to underwrite the cost of updates into any offer on a home that has not been touched.

The 84% homestead share is the number to sit with. A neighborhood this owner-occupied tends to trade slowly and hold its character, which fits the 75-day median. Turnover is measured — only a handful of closings in the recent window — so when the right home lists, decisiveness matters even in a patient market.

The location and the amenities are priced into every listing in Greater Hills Ph 05. 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 condition-driven market with uniform stock, the value is in reading the updates correctly — knowing which recent sale reflects a renovated home and which reflects deferred maintenance. We price and negotiate off that distinction, not off a blanket per-square-foot number, and we use the 75-day pace to your advantage on whichever side of the table you sit.

Greater Hills Ph 05 in 15 seconds.

Best forBuyers who want an established Clermont address with stable owner-occupancy and mid-1990s bones.
Biggest advantageClean, uniform comparables make it easy to spot fair value versus overreach.
Biggest riskAging systems and deferred updates can hide behind a similar-looking exterior — inspect thoroughly.
Sweet spotA move-in-ready updated home priced near the median.
Avoid ifYou need a quick flip or fast turnover; this market moves slowly.

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 05 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 05?
The median sale price in Greater Hills Ph 05 was $368K over the 12 months ending July 13, 2026 (5 closed sales, Stellar MLS).
How long do homes in Greater Hills Ph 05 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 75 days on market (5 sales, Stellar MLS).
How many homes are in Greater Hills Ph 05?
The Florida DOR 2025 assessment roll shows 122 homes in Greater Hills Ph 05 (public records).
What share of Greater Hills Ph 05 is owner-occupied?
84% of Greater Hills Ph 05 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 05 built?
Homes in Greater Hills Ph 05 were built between 1992 and 1998, with a median year built of 1994.0 (FL DOR 2025 roll).
Do cash buyers compete in Greater Hills Ph 05?
Cash buyers took 0% of Greater Hills Ph 05 sales in the 12 months ending June 2026 (0 of 5 closings, Stellar MLS).
Who is the best real estate agent for Greater Hills Ph 05?
The best agent for Greater Hills Ph 05 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 05.
How do I find a top Clermont real estate agent who knows Greater Hills Ph 05?
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 05 and the wider Clermont area.
Can Momentum Realty connect me with an agent for Greater Hills Ph 05?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Greater Hills Ph 05 purchase or sale - no call center and no pressure.
Long-hold buyers around the mid-$360s who want an established, owner-occupied neighborhoodExcellent fit
Buyers willing to renovate an untouched 1990s home and build equity through updatesExcellent fit
Value-minded shoppers who can use the slower 75-day pace to negotiate patientlyExcellent fit
Investors chasing rapid appreciation or a fast resaleProbably not
Buyers who need substantially more than ~1,600 square feet of living spaceProbably not
Anyone needing brand-new construction or contemporary systems without doing the workProbably 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 2014 (28 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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