Hanover Lakes Ph 1
Homes for Sale in St Cloud, FL

Community in St Cloud · Osceola County
166 homesBuilt 1977–2024Median sale $575K
Free · No obligation
Talk to a Hanover Lakes Ph 1 Expert

True comps, carrying-cost math, and listings before the portals.

Live · Hanover Lakes Ph 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$575K
Median sold · 12 mo
up 21.1% vs the prior 12 months
+21.1%
1-yr price change
n = 5 and 7 sales in the two windows
$200/sf
Sold $/sqft · 12 mo
peak $220 in 2022
95.7%
Sale vs ask
Osceola median: 95.9%
Tempo
118days
Median DOM · closed
12 days at the 2022 low
5
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
79%
Owner-occupied · Hanover Lakes Ph 1
133 of 168 parcels homesteaded (FL DOR 2025)
21%
Non-owner-occupied · Hanover Lakes Ph 1
incl. 5% trust or LLC-held · 6% out-of-state
20%
Cash buyers · Hanover Lakes Ph 1
1 of 5 sales, 12 mo ending June 2026
166
Homes in the community
plus 2 vacant residential lots · 168 residential parcels (FL DOR 2025)
Track record · 5 years of records
Est. 1977
Community established
homes built 1977-2024, median 2020 (FL DOR 2025)
5
Failed listings · 2026
peaked at 7 in 2025
2,580sqft
Median sold home size
12-mo windows, closed sales
3.0%/yr
Turnover rate
about 5 of 166 homes trade a year
Built fromLive Stellar MLS data5 years of closingsFL DOR public recordsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by the newer end of a wide age range. Most of the inventory is recent construction, with a median year built of 2020, and the median living area runs a generous 2,838 square feet. That combination — newer, larger homes — is what pushes the median to $575,000 and the median price per square foot to about $200. The 1977-to-2024 build span means condition and vintage vary widely, so two homes at similar size can price very differently.

The market posture is patient, not frantic. Median days on market sits at 118, so nothing is trading on urgency. The year-over-year median is up 21.1%, but read that carefully: this is a small pool of 166 homes with only 5 closings in the window, so the percentage swings hard on a handful of sales. Sellers should price to the actual comps and expect a longer marketing runway; buyers have room to negotiate and time to inspect.

Hanover Lakes Ph 1 Housing Pulse · Momentum Research · as of July 13, 2026

Hanover Lakes Ph 1 right now

🟢 Still climbing. The trailing-12-month median ($575K) is up 21.1% from the prior 12 months ($475K). 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 July 13. Confidence: Low (5 and 7 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

Hanover Lakes Ph 1 Housing Pulse · Momentum Research · as of July 13, 2026

Hanover Lakes Ph 1 right now

🟢 Still climbing. The trailing-12-month median ($575K) is up 21.1% from the prior 12 months ($475K). 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 July 13. Confidence: Low (5 and 7 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

Hanover Lakes Ph 1 market snapshot (as of July 13, 2026): the median sale price is about $575K ($200 per sq ft over the trailing 12 months of closed sales), and a median 118 days on market for closed sales. The trailing-12-month median is up 21% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).

Hanover Lakes Ph 1 is a community of 166 homes in St Cloud, Osceola County, built between 1977 and 2024 (median 2020.0), with a median living area of about 2,838 square feet. 79% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Hanover Lakes Ph 1 is a small, mostly newer-construction community in St Cloud, Osceola County, where large floor plans and long marketing times define the trade. With a homestead share near 79%, it reads as a primarily owner-occupied enclave rather than an investor churn.

Best for

  • Buyers targeting a large, modern floor plan around 2,838 square feet with a budget near the $575,000 median
  • Owner-occupant buyers who value a high homestead share and a stable, non-churning community
  • Buyers who want time to inspect and negotiate rather than compete on speed

Probably not for

  • Sellers who need a fast exit and cannot absorb a marketing timeline near 118 days
  • Buyers seeking a smaller or lower-priced home than the newer, larger stock here supports
  • Speculators counting on the 21.1% year-over-year figure as a dependable forward return

Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($575K) IS the median in the snapshot above, and the move from 2025 ($475K) IS the +21.1% one-year change.

Windows contain 0 to 7 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
0246202220242026
0 to 7 a year; 5 in the current window.
Sellers who gave up · failed listings per year
02462020202220242026
Canceled, expired, or withdrawn. 7 quit in 2025; 5 so far in 2026. The clearest stress gauge a community has.

If we were buying in Hanover Lakes Ph 1 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 Hanover Lakes Ph 1.

Best Buy
Buyers who want a larger, newer home and are not in a rush to close.
Biggest Risk
Thin volume — 5 closings — makes the 21.1% year-over-year figure unreliable as a trend.
Sweet Spot
The recent-construction homes near the median size of 2,838 square feet.
Avoid If
You need to sell fast or expect quick, guaranteed price movement.

A newer-build pocket with a slow clock

The defining fact is size paired with age. A median 2,838 square feet and a median build year of 2020 tell you the typical home here is both large and modern, which anchors the median price at $575,000. The full build range stretches back to 1977, so you will encounter older homes mixed in — those are where condition, updates, and lot position matter most to price, and where the qualitative spread is widest.

The pace is the other half of the story. At 118 median days on market, this is not a bidding-war community. That works in a buyer's favor for due diligence and negotiation. For sellers, the takeaway is preparation: correct pricing off comparable closings and a realistic timeline matter more than chasing the headline year-over-year figure, which is thin on volume.

The location and the amenities are priced into every listing in Hanover Lakes Ph 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
8.3A- · Buy Score
Recent Direction10.0/10
Owner Commitment7.9/10
Pricing Power7.1/10

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 (8.3). Basis: Recent Direction +21.1% year-over-year; Owner Commitment 79% owner-occupied; Pricing Power 95.7% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a community this small, with only 5 recent closings, the average online estimate is noise. We work the actual comparable sales, weigh a home's vintage and condition against the 2020 median build year, and price to how long this market is really taking — 118 days, not a weekend. That candor protects sellers from overpricing into a slow clock and gives buyers real leverage.

Hanover Lakes Ph 1 in 15 seconds.

Best forBuyers who want a larger, newer home and are not in a rush to close.
Biggest advantageA slow market at 118 days gives buyers negotiating room and inspection time.
Biggest riskThin volume — 5 closings — makes the 21.1% year-over-year figure unreliable as a trend.
Sweet spotThe recent-construction homes near the median size of 2,838 square feet.
Avoid ifYou need to sell fast or expect quick, guaranteed price movement.

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 Hanover Lakes Ph 1 sales matched to your home.

What is your Hanover Lakes Ph 1 home worth?

Get a no-obligation home value based on real comparable sales in Hanover Lakes Ph 1, 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 Hanover Lakes Ph 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Hanover Lakes Ph 1?
The median sale price in Hanover Lakes Ph 1 was $575K over the 12 months ending July 13, 2026 (5 closed sales, Stellar MLS).
How long do homes in Hanover Lakes Ph 1 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 118 days on market (5 sales, Stellar MLS).
How many homes are in Hanover Lakes Ph 1?
The Florida DOR 2025 assessment roll shows 166 homes plus 2 vacant residential lots in Hanover Lakes Ph 1 (public records).
What share of Hanover Lakes Ph 1 is owner-occupied?
79% of Hanover Lakes Ph 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Hanover Lakes Ph 1 built?
Homes in Hanover Lakes Ph 1 were built between 1977 and 2024, with a median year built of 2020.0 (FL DOR 2025 roll).
Do cash buyers compete in Hanover Lakes Ph 1?
Cash buyers took 20% of Hanover Lakes Ph 1 sales in the 12 months ending June 2026 (1 of 5 closings, Stellar MLS).
Who is the best real estate agent for Hanover Lakes Ph 1?
The best agent for Hanover Lakes Ph 1 is one who actively works St Cloud 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 Hanover Lakes Ph 1.
How do I find a top St Cloud real estate agent who knows Hanover Lakes Ph 1?
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 Hanover Lakes Ph 1 and the wider St Cloud area.
Can Momentum Realty connect me with an agent for Hanover Lakes Ph 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Hanover Lakes Ph 1 purchase or sale - no call center and no pressure.
Buyers targeting a large, modern floor plan around 2,838 square feet with a budget near the $575,000 medianExcellent fit
Owner-occupant buyers who value a high homestead share and a stable, non-churning communityExcellent fit
Buyers who want time to inspect and negotiate rather than compete on speedExcellent fit
Sellers who need a fast exit and cannot absorb a marketing timeline near 118 daysProbably not
Buyers seeking a smaller or lower-priced home than the newer, larger stock here supportsProbably not
Speculators counting on the 21.1% year-over-year figure as a dependable forward returnProbably 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 (3 streets, ZIP 34772))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (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.

Windows contain 0 to 7 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
0246202220242026
0 to 7 a year; 5 in the current window.
Sellers who gave up · failed listings per year
02462020202220242026
Canceled, expired, or withdrawn. 7 quit in 2025; 5 so far in 2026. The clearest stress gauge a community has.

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 (3 streets, ZIP 34772))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (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.

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.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Talk to a Local Hanover Lakes Ph 1 Expert
Call Get Listings