Hanover Lakes Ph 5
Homes for Sale in St Cloud, FL
True comps, carrying-cost math, and listings before the portals.
Hanover Lakes Ph 5 is a newer pocket of St Cloud, with homes built between 2020 and 2024 and a median build year of 2022. That youth is the story: at 213 homes with a median living area near 2,870 square feet, this is a large-floorplan, recent-construction section where price is driven less by age and more by lot, finish level, and how a given home has been kept. Expect a wide spread rather than a tidy tier.
There were no recorded closings in the current window, so there is no fresh sale to anchor pricing off of today. That cuts both ways. Sellers should price to condition and comparable inventory rather than assume momentum, and buyers should not expect a data-rich market to negotiate against — you are pricing on the fundamentals of the home in front of you, not a run of recent trades.
Hanover Lakes Ph 5 right now
🟢 Still climbing. The trailing-12-month median ($602K) is up 21.0% from the prior 12 months ($498K). With about 18 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 15. Confidence: High (16 and 30 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Hanover Lakes Ph 5 right now
🟢 Still climbing. The trailing-12-month median ($602K) is up 21.0% from the prior 12 months ($498K). With about 18 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 15. Confidence: High (16 and 30 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 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 5 market snapshot (as of July 15, 2026): the median sale price is about $602K ($184 per sq ft over the trailing 12 months of closed sales), and a median 84 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 (16 closings in the current window).
Hanover Lakes Ph 5 is a community of 510 homes in St Cloud, Osceola County, built between 1977 and 2024 (median 2021.0), with a median living area of about 2,996 square feet. 69% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a recent-construction section of St Cloud in Osceola County, built out largely in the early 2020s, where floorplans run large and the housing stock is still close to new.
Who Hanover Lakes Ph 5 is best for.
Best for
- Buyers prioritizing recent construction and low near-term maintenance in a larger floorplan
- Owner-occupants planning a longer hold in an owner-heavy section
- Move-up buyers wanting square footage near 2,870 without taking on a renovation
Probably not for
- Buyers who want a small or compact floorplan
- Investors seeking a high-turnover, rental-dominant section
- Buyers who need extensive recent-sale data to justify an offer before committing
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($602K) IS the median in the snapshot above, and the move from 2025 ($498K) IS the +21.0% one-year change.
Windows contain 1 to 32 sales each (16 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.
The Hanover Lakes Ph 5 buying strategy.
If we were buying in Hanover Lakes Ph 5 today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 5.
New stock, owner-heavy hold
About two-thirds of the homes here are homesteaded, which points to owner-occupancy rather than a heavy rental or short-hold posture. In a section this new, that matters: it tends to mean homes are lived in and maintained rather than churned, and it suggests turnover will be episodic rather than constant.
With a median living area near 2,870 square feet and construction concentrated in 2020 through 2024, buyers are choosing among sizable, modern floorplans. Because the section is young, condition differences are subtle and driven by upgrades, lot position, and care rather than by decades of wear. That puts the burden on a careful walk-through and comparison of finishes, not on guessing at a home's age.
The location and the amenities are priced into every listing in Hanover Lakes Ph 5. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Hanover Lakes Ph 5 buys, holds, and resells. Momentum Research; not an appraisal.
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 (8.1). Basis: Recent Direction +21.0% year-over-year; Owner Commitment 69% owner-occupied; Pricing Power 96.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With no closings in the current window, this is a section where you cannot lean on a stream of recent sales to set price or strategy. We work it from the fundamentals — floorplan, lot, finish level, and comparable standing inventory across St Cloud and Osceola County — so sellers price to reality and buyers know what they are actually paying for.
Hanover Lakes Ph 5 in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Hanover Lakes Ph 5 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Hanover Lakes Ph 5 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hanover Lakes Ph 5, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Hanover Lakes Ph 5 home worth?
Get a no-obligation home value based on real comparable sales in Hanover Lakes Ph 5, 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 5 on the map →
Frequently Asked Questions
What is the median home price in Hanover Lakes Ph 5?
How long do homes in Hanover Lakes Ph 5 take to sell?
How many homes are in Hanover Lakes Ph 5?
What share of Hanover Lakes Ph 5 is owner-occupied?
When were the homes in Hanover Lakes Ph 5 built?
Do cash buyers compete in Hanover Lakes Ph 5?
Who is the best real estate agent for Hanover Lakes Ph 5?
How do I find a top St Cloud real estate agent who knows Hanover Lakes Ph 5?
Can Momentum Realty connect me with an agent for Hanover Lakes Ph 5?
Should you buy in Hanover Lakes Ph 5?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (12 streets, ZIP 34771/34772)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2021 (111 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.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($602K) IS the median in the snapshot above, and the move from 2025 ($498K) IS the +21.0% one-year change.
Windows contain 1 to 32 sales each (16 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.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (12 streets, ZIP 34771/34772)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2021 (111 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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