Greenwood Lakes Unit 2
Homes for Sale in Lake Mary, FL

Community in Lake Mary · Seminole County
169 homesBuilt 1978–2017Median sale $429K
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Live Market Pulse
41/100
Market Heat
Near its long-run normal
2014 → 2026 · 76 at the 2022 peak
0 is Greenwood Lakes Unit 2's coldest market since 2014, 100 its hottest. Today: 41. How it's scored
Built fromLive Stellar MLS data15 years of closingsFL DOR public recordsUpdated twice daily
Live · Greenwood Lakes Unit 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$429K
Median sold · 12 mo
up 13.1% vs the prior 12 months
+13.1%
1-yr price change
n = 4 and 3 sales in the two windows
$233/sf
Sold $/sqft · 12 mo
peak $257 in 2025
97.2%
Sale vs ask
Seminole median: 96.2%
Tempo
27days
Median DOM · closed
5 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
63%
Owner-occupied · Greenwood Lakes Unit 2
107 of 169 parcels homesteaded (FL DOR 2025)
37%
Non-owner-occupied · Greenwood Lakes Unit 2
incl. 14% trust or LLC-held · 14% out-of-state
0%
Cash buyers · Greenwood Lakes Unit 2
0 of 5 sales, 12 mo ending June 2026
169
Homes in the community
169 residential parcels (FL DOR 2025)
Track record · 15 years of records
Est. 1978
Community established
homes built 1978-2017, median 1981 (FL DOR 2025)
0
Failed listings · 2024
peaked at 11 in 2006
1,807sqft
Median sold home size
12-mo windows, closed sales
2.4%/yr
Turnover rate
about 4 of 169 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and square footage, not by the calendar. The median sits at $429,499, or about $233 a foot on a median footprint near 1,691 square feet. With homes built between 1978 and 2017 and a median build year of 1981, the spread comes down to what a given seller has actually done to the house — updated systems, kitchens, and roofs command the top of the range, and dated interiors sit at the bottom.

The market posture is moderate. A market heat score of 41 and a median 26.5 days on market say this is neither a frenzy nor a stall — well-prepared listings move in under a month, while overpriced or deferred-maintenance homes sit. Year-over-year values are up 13.1%, so sellers have equity to work with, but buyers still have room to negotiate on anything that shows its age. Price to the condition, not to the headline.

Greenwood Lakes Unit 2 Housing Pulse · Momentum Research · as of July 13, 2026

Greenwood Lakes Unit 2 right now

🟢 Still climbing. The trailing-12-month median ($429K) is up 13.1% from the prior 12 months ($380K). With about 2 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 13. Confidence: Low (4 and 3 sales in the two windows).

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

Updated July 13, 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

Greenwood Lakes Unit 2 market snapshot (as of July 13, 2026): the median sale price is about $429K ($233 per sq ft over the trailing 12 months of closed sales), and a median 27 days on market for closed sales. The trailing-12-month median is up 13% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

Greenwood Lakes Unit 2 is a community of 169 homes in Lake Mary, Seminole County, built between 1978 and 2017 (median 1981), with a median living area of about 1,691 square feet. 63% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Greenwood Lakes Unit 2 is a 169-home pocket of Lake Mary in Seminole County, established enough to have mature lots and a wide range of interior conditions. With roughly 63% of homes homesteaded, turnover is measured, so inventory tends to be selective rather than abundant.

Best for

  • Buyers targeting an established Lake Mary location with a budget centered around the mid-$400s
  • Buyers willing to renovate and price the work into their offer to capture the lower end of the condition range
  • Owners planning to hold for the long term who value a settled, low-turnover setting

Probably not for

  • Buyers who want new construction or a uniform, recently built product
  • Buyers unwilling to budget for roof, HVAC, or kitchen updates on an older home
  • Short-horizon buyers counting on a specific resale gain, which no one can promise

Windows contain 0 to 6 sales each (4 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.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Up 13.1% year over year.
Every sale since 2011 · price vs size
$0$200K$400K2k2k
40 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $90 in 2012 to a $257 peak in 2025; $233 now.
Median days on market · closed sales
020406020122014201620182020202220242026
5 days at the 2022 low; 27 now.
Sale price vs original ask · median
95%98%100%20122014201620182020202220242026
97.2% now vs Seminole 96.2%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 4 in the current window.
Sellers who gave up · failed listings per year
051020042008201220162024
Canceled, expired, or withdrawn. 11 quit in 2006; 0 so far in 2024. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620222026
76 at the 2022 peak, 34 in the troughs, 41 now. Same score as the hero card, full history.

If we were buying in Greenwood Lakes Unit 2 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 Greenwood Lakes Unit 2.

Best Buy
Buyers who want an established Lake Mary address and are comfortable evaluating homes on condition.
Biggest Risk
Wide variance in age and updates means deferred maintenance can hide behind a similar price.
Sweet Spot
An updated home near the median footprint that has already handled roof and systems.
Avoid If
You need move-in-perfect at the lowest price without inspecting for age-related work.

What the numbers actually tell you

This is a condition market. A median build year of 1981 across a 1978-to-2017 range means you will tour homes at very different stages — some carrying original systems, others fully reworked. That variance is where the value question lives: at a median of $429,499 and about $233 per square foot, the difference between two similar floorplans usually traces back to roof, HVAC, and kitchen. Inspect accordingly and budget for the gap.

A homestead share near 63% points to a settled ownership base and steady, not flooded, supply. Combined with a 26.5-day median time to contract, that means the right home doesn't linger, but the pace still lets a disciplined buyer do due diligence. The 13.1% year-over-year move reflects where values have gone, not a forecast — treat it as context, not a promise.

The location and the amenities are priced into every listing in Greenwood Lakes Unit 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.9B+ · Buy Score
Recent Direction9.3/10
Owner Commitment6.3/10
Pricing Power8.1/10

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 (7.9). Basis: Recent Direction +13.1% year-over-year; Owner Commitment 63% owner-occupied; Pricing Power 97.2% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this condition-sensitive, pricing and positioning are everything. We read each home on its own merits — systems, updates, footprint — rather than leaning on a neighborhood average, so sellers list at a number the house can actually defend and buyers know exactly what they're paying for. With a small pool of only 169 homes and measured turnover, knowing what has recently traded and why is the difference between a clean deal and a stalled one.

Greenwood Lakes Unit 2 in 15 seconds.

Best forBuyers who want an established Lake Mary address and are comfortable evaluating homes on condition.
Biggest advantageA settled, low-turnover pocket where well-prepared listings still move in under a month.
Biggest riskWide variance in age and updates means deferred maintenance can hide behind a similar price.
Sweet spotAn updated home near the median footprint that has already handled roof and systems.
Avoid ifYou need move-in-perfect at the lowest price without inspecting for age-related work.

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 Greenwood Lakes Unit 2 sales matched to your home.

What is your Greenwood Lakes Unit 2 home worth?

Get a no-obligation home value based on real comparable sales in Greenwood Lakes Unit 2, 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 homes for sale in Greenwood Lakes Unit 2 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Greenwood Lakes Unit 2?
The median sale price in Greenwood Lakes Unit 2 was $429K over the 12 months ending July 13, 2026 (4 closed sales, Stellar MLS).
How long do homes in Greenwood Lakes Unit 2 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 27 days on market (4 sales, Stellar MLS).
How many homes are in Greenwood Lakes Unit 2?
The Florida DOR 2025 assessment roll shows 169 homes in Greenwood Lakes Unit 2 (public records).
What share of Greenwood Lakes Unit 2 is owner-occupied?
63% of Greenwood Lakes Unit 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Greenwood Lakes Unit 2 built?
Homes in Greenwood Lakes Unit 2 were built between 1978 and 2017, with a median year built of 1981 (FL DOR 2025 roll).
Do cash buyers compete in Greenwood Lakes Unit 2?
Cash buyers took 0% of Greenwood Lakes Unit 2 sales in the 12 months ending June 2026 (0 of 5 closings, Stellar MLS).
Who is the best real estate agent for Greenwood Lakes Unit 2?
The best agent for Greenwood Lakes Unit 2 is one who actively works Lake Mary 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 Greenwood Lakes Unit 2.
How do I find a top Lake Mary real estate agent who knows Greenwood Lakes Unit 2?
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 Greenwood Lakes Unit 2 and the wider Lake Mary area.
Can Momentum Realty connect me with an agent for Greenwood Lakes Unit 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Greenwood Lakes Unit 2 purchase or sale - no call center and no pressure.
Buyers targeting an established Lake Mary location with a budget centered around the mid-$400sExcellent fit
Buyers willing to renovate and price the work into their offer to capture the lower end of the condition rangeExcellent fit
Owners planning to hold for the long term who value a settled, low-turnover settingExcellent fit
Buyers who want new construction or a uniform, recently built productProbably not
Buyers unwilling to budget for roof, HVAC, or kitchen updates on an older homeProbably not
Short-horizon buyers counting on a specific resale gain, which no one can promiseProbably 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 32746))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2011 (40 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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More Lake Mary & Seminole County & North Orlando guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Seminole County & North Orlando or the full Neighborhood Finder.

Thinking of selling in Greenwood Lakes Unit 2? 4 recorded closings; median 26 days on market (window ending 2026-07-13). See the Seminole 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.
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