GREENWOOD LAKES UNIT D-3B 2ND ADD
Homes for Sale in LAKE MARY, FL

Community in LAKE MARY · Seminole County · ZIP 32746
243 homesBuilt 1988–1996Median sale $404K
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Live Market Pulse
65/100
Market Heat
Hotter than normal
2016 → 2026 · 75 at the 2022 peak
0 is GREENWOOD LAKES UNIT D-3B 2ND ADD's coldest market since 2016, 100 its hottest. Today: 65. How it's scored
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · GREENWOOD LAKES UNIT D-3B 2ND ADD Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$404K
Median sold · 12 mo
up 7.9% vs the prior 12 months
+7.9%
1-yr price change
n = 4 and 5 sales in the two windows
$258/sf
Sold $/sqft · 12 mo
peak $270 in 2024
97.6%
Sale vs ask
Tempo
15days
Median DOM · closed
7 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
69%
Owner-occupied · GREENWOOD LAKES UNIT D-3B 2ND ADD
167 of 243 parcels homesteaded (FL DOR 2025)
31%
Non-owner-occupied · GREENWOOD LAKES UNIT D-3B 2ND ADD
incl. 13% trust or LLC-held · 12% out-of-state
40%
Cash buyers · GREENWOOD LAKES UNIT D-3B 2ND ADD
2 of 5 sales, 12 mo ending June 2026
243
Homes in the community
243 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1988
Community established
homes built 1988-1996, median 1990 (FL DOR 2025)
0
Failed listings · 2025
peaked at 5 in 2006
1,550sqft
Median sold home size
12-mo windows, closed sales
1.6%/yr
Turnover rate
about 4 of 243 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition more than location math. These are homes built in a tight window ending in the mid-1990s, most around 1,624 square feet, so what separates one closing from the next is whether the kitchen, roof, and systems have been updated. The median sits at $415,000, or roughly $269 per square foot, and the spread around that figure reflects renovation status far more than square footage.

The current posture is warm but not frantic. A median of 16 days on market and an 11.4% year-over-year move tell you well-priced, updated homes clear quickly, while dated or over-asked listings sit. Sellers still hold leverage but no longer set the terms unilaterally; buyers who move decisively on the right home can compete, but should not expect to steal one.

GREENWOOD LAKES UNIT D-3B 2ND ADD Housing Pulse · Momentum Research · as of August 2, 2026

GREENWOOD LAKES UNIT D-3B 2ND ADD right now

🟡 Still climbing. The trailing-12-month median ($404K) is up 7.9% from the prior 12 months ($375K). With about 3 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 August 2. Confidence: Low (4 and 5 sales in the two windows).

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

Updated August 2, 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 D-3B 2ND ADD market snapshot (as of August 2, 2026): the median sale price is about $404K ($258 per sq ft over the trailing 12 months of closed sales), and a median 15 days on market for closed sales. The trailing-12-month median is up 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

GREENWOOD LAKES UNIT D-3B 2ND ADD is a community of 243 homes in LAKE MARY, Seminole County, built between 1988 and 1996 (median 1990), with a median living area of about 1,624 square feet. 69% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Greenwood Lakes Unit D-3B 2Nd Add is an established Lake Mary pocket in Seminole County of 243 homes, largely owner-occupied at a homestead share near 69%, which tends to keep turnover measured and upkeep visible.

Best for

  • Buyers around the mid-$400s target who want an established Lake Mary location and will act fast on the right home
  • Owner-occupiers planning a long hold who value low turnover and settled streets
  • Buyers comfortable budgeting for roof or HVAC work in exchange for a lower entry on a dated home

Probably not for

  • Buyers needing significantly more than about 1,624 square feet of living space
  • Anyone wanting new construction or homes without 1990s-era systems to plan around
  • Buyers hoping to negotiate at leisure with no competition on well-priced listings

Windows contain 0 to 5 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 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Up 7.9% year over year.
Every sale since 2005 · price vs size
$0$200K$400K2k2k2k
35 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$25020122014201620182020202220242026
Up from $124 in 2012 to a $270 peak in 2024; $258 now.
Median days on market · closed sales
025507520122014201620182020202220242026
7 days at the 2022 low; 15 now.
Sale price vs original ask · median
95%98%100%20122014201620182020202220242026
97.6% now.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 4 in the current window.
Sellers who gave up · failed listings per year
02420062016202220242025
Canceled, expired, or withdrawn. 5 quit in 2006; 0 so far in 2025. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
75 at the 2022 peak, 23 in the troughs, 65 now. Same score as the hero card, full history.
How much local inventory is already under contract

33% of homes for sale in ZIP 32746 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

If we were buying in GREENWOOD LAKES UNIT D-3B 2ND ADD 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 D-3B 2ND ADD.

Best Buy
Buyers who want an established Lake Mary address at a right-sized footprint.
Biggest Risk
The 1988-1996 vintage means aging systems that can turn a bargain into a project.
Sweet Spot
An already-updated home priced honestly against the median.
Avoid If
You need move-in scale beyond roughly 1,600 square feet or a slow, no-competition buy.

An established Lake Mary pocket

The homes date from 1988 to 1996, with a median build year of 1990. That vintage means mature lots and settled streetscapes, but it also means the roof, HVAC, and plumbing on any given home are at or past the age where replacement matters. Inspect accordingly, and price your offer to what has actually been updated rather than the finish photos suggest.

With a median around 1,624 square feet, this is a right-sized inventory rather than an estate market. The high homestead share signals a community held long-term rather than traded, which limits how many homes come available at once and rewards buyers who are ready when one does.

The location and the amenities are priced into every listing in GREENWOOD LAKES UNIT D-3B 2ND ADD. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.8B+ · Buy Score
Recent Direction8.0/10
Owner Commitment6.9/10
Pricing Power8.4/10

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 (7.8). Basis: Recent Direction +7.9% year-over-year; Owner Commitment 69% owner-occupied; Pricing Power 97.6% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market where condition sets price and good homes clear in about two weeks, the value we add is telling you which listings are priced to their real updated state and which are riding the median. We help sellers stage and price to the fast-moving segment, and we keep buyers from overpaying for cosmetics over the systems that actually cost money at this vintage.

GREENWOOD LAKES UNIT D-3B 2ND ADD in 15 seconds.

Best forBuyers who want an established Lake Mary address at a right-sized footprint.
Biggest advantageA high owner-occupied share keeps turnover low and upkeep consistent.
Biggest riskThe 1988-1996 vintage means aging systems that can turn a bargain into a project.
Sweet spotAn already-updated home priced honestly against the median.
Avoid ifYou need move-in scale beyond roughly 1,600 square feet or a slow, no-competition buy.

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 D-3B 2ND ADD sales matched to your home.

What is your GREENWOOD LAKES UNIT D-3B 2ND ADD home worth?

Get a no-obligation home value based on real comparable sales in GREENWOOD LAKES UNIT D-3B 2ND ADD, 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 D-3B 2ND ADD on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in GREENWOOD LAKES UNIT D-3B 2ND ADD?
The median sale price in GREENWOOD LAKES UNIT D-3B 2ND ADD was $404K over the 12 months ending August 2, 2026 (4 closed sales, Stellar MLS).
How long do homes in GREENWOOD LAKES UNIT D-3B 2ND ADD take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 15 days on market (4 sales, Stellar MLS).
How many homes are in GREENWOOD LAKES UNIT D-3B 2ND ADD?
The Florida DOR 2025 assessment roll shows 243 homes in GREENWOOD LAKES UNIT D-3B 2ND ADD (public records).
What share of GREENWOOD LAKES UNIT D-3B 2ND ADD is owner-occupied?
69% of GREENWOOD LAKES UNIT D-3B 2ND ADD 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 D-3B 2ND ADD built?
Homes in GREENWOOD LAKES UNIT D-3B 2ND ADD were built between 1988 and 1996, with a median year built of 1990 (FL DOR 2025 roll).
Do cash buyers compete in GREENWOOD LAKES UNIT D-3B 2ND ADD?
Cash buyers took 40% of GREENWOOD LAKES UNIT D-3B 2ND ADD sales in the 12 months ending June 2026 (2 of 5 closings, Stellar MLS).
Who is the best real estate agent for GREENWOOD LAKES UNIT D-3B 2ND ADD?
The best agent for GREENWOOD LAKES UNIT D-3B 2ND ADD 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 D-3B 2ND ADD.
How do I find a top LAKE MARY real estate agent who knows GREENWOOD LAKES UNIT D-3B 2ND ADD?
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 D-3B 2ND ADD and the wider LAKE MARY area.
Can Momentum Realty connect me with an agent for GREENWOOD LAKES UNIT D-3B 2ND ADD?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your GREENWOOD LAKES UNIT D-3B 2ND ADD purchase or sale - no call center and no pressure.
Buyers around the mid-$400s target who want an established Lake Mary location and will act fast on the right homeExcellent fit
Owner-occupiers planning a long hold who value low turnover and settled streetsExcellent fit
Buyers comfortable budgeting for roof or HVAC work in exchange for a lower entry on a dated homeExcellent fit
Buyers needing significantly more than about 1,624 square feet of living spaceProbably not
Anyone wanting new construction or homes without 1990s-era systems to plan aroundProbably not
Buyers hoping to negotiate at leisure with no competition on well-priced listingsProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 32746))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2005 (35 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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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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Thinking of selling in GREENWOOD LAKES UNIT D-3B 2ND ADD? 4 recorded closings; median 14 days on market (window ending 2026-08-02). 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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