Hanover Lakes
Homes for Sale in St. Cloud, FL
True comps, carrying-cost math, and listings before the portals.
Hanover Lks Ph 5 is a community in St Cloud, Osceola County, FL. Across St Cloud as a whole, 2,425 homes closed in the last 12 months at a median of $410,000, 48 median days on market, with 1,067 homes for sale today. At that median and Osceola County's FY2025-26 rate of 15.23 mills, annual property tax runs about $6,250 ($5,640 with the full homestead exemption).
Hanover Lks Ph 5 is a community defined by its build era more than any single price point. With a median year built of 2021 inside a broader 1977-2024 range, most of the inventory is recent construction, and that recency is what buyers are actually paying for here, not a shared amenity package or a fixed floor plan style.
The homestead share sitting near 70% tells you this is a community where owners tend to stay put and file for the exemption rather than cycle through as rentals or quick flips. For sellers, that means fewer competing listings churn onto the market at once; for buyers, it means patience and a real offer, not a lowball, is usually what it takes to get a look at the right unit.
Figures in this note are as of July 20, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Hanover LakesHomes for Sale in St. Cloud, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Hanover Lks Ph 5 in St Cloud (Osceola County) is a 422-home community built out mostly in the last several years, with a median living area just under 2,900 square feet.
Stellar MLS sales records identify 245 homes in Hanover Lakes that have changed hands since 2019, built between 2018 and 2025 (median 2021), with a median living area of about 2,656 sq ft and a typical 4-bedroom, 3-bath layout; 93% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 40 qualified sales in Hanover Lakes across 2024–2025 (28 in 2024, 12 in 2025), median $515,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Hanover Lakes is best for.
Best for
- Buyers prioritizing recent-construction systems and layout over a shared amenity package
- Buyers comfortable verifying build year and condition on a home-by-home basis given the wide range
- Buyers looking for larger living space, near the median of just under 2,900 square feet, in St Cloud
Probably not for
- Buyers who require a documented pool, clubhouse, or trail system as part of the purchase decision
- Buyers assuming every home in the phase is new construction without checking the individual year built
- Buyers expecting frequent turnover or a large active resale pool given the high homestead share
The market around Hanover Lakes
Hanover Lakes is too small for its own price trend, so here is the market around it.
In ZIP 34772, 511 homes are on the market and 28% are under contract — a steady corner of St Cloud.
Across Osceola County, 4,465 homes are active and 1,093 pending (20% under contract).
In ZIP 34772 (St Cloud), 1,994 homes closed in the last 12 months at a median of $410K ($206/sq ft), down 1.0% year over year, with a median 43 days on market. Right now 321 active and 158 pending listings put supply at about 1.9 months — a healthy market. See the live ZIP 34772 housing market and the Osceola County market.
ZIP and county figures describe the wider market, not Hanover Lakes specifically. Momentum Research analysis of MLS records.
The Hanover Lakes buying strategy.
If we were buying in Hanover Lakes 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.
A newer-build footprint with no listed amenity package
The year-built spread (1977-2024) shows a handful of older parcels sitting inside what is otherwise a young community by median: 2021. That combination matters at inspection and appraisal time. A buyer touring here should expect most homes to carry recent-construction systems and finishes, but should still confirm build year on any specific listing rather than assume every home fits the newer profile.
Current MLS data does not identify a formal community amenity package for Hanover Lks Ph 5. That does not mean nothing exists on the ground, but it means we cannot represent a pool, clubhouse, or trail system as a selling point until it shows up in listing data. Treat the home and lot as the primary value driver here, not a shared amenity budget.
The location and the amenities are priced into every listing in Hanover Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with a wide year-built range and no documented amenity baseline, the details on any single listing matter more than the neighborhood label. We pull the actual build year, square footage, and closing history on the specific home you are considering rather than leaning on community-wide averages to make the case for you.
Hanover Lakes in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 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 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, 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 home worth?
Get a no-obligation home value based on real comparable sales in Hanover Lakes, 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 on the map →
| Location | St Cloud, Osceola County, FL · ZIP 34772 |
|---|---|
| Homes in the community | 396 (FL DOR 2025 assessment roll) |
| Years built | 1977–2024 (median 2021.0) |
| Typical living area | 2,852 sq ft (median) |
| Owner-occupied (homestead) share | 71% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Hanover Lakes key facts,” movewithmomentum.com/neighborhoods/hanover-lks-ph-5, data as of September 20, 2026.
Housing distress & ownership in Hanover Lks Ph 5, St Cloud
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
More St Cloud home searches
- All homes for sale in St Cloud, FL
- Homes for sale in Osceola County, FL
- Gated communities in St Cloud
- St Cloud home values: what is my house worth?
St Cloud guides & data
- Market data
- Cost of living
- Best neighborhoods
- Flood zones
- Property taxes (Osceola County)
- Homestead exemption (Osceola County)
- New construction
- New construction (Osceola County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
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Email me new listings in Hanover Lakes
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Ask an agent about Hanover Lakes
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Hanover Lakes will answer, and the answer is published on this page for the next buyer.
Recent Developments in Hanover Lks Ph 5
Development, infrastructure, retail, and school activity affecting Hanover Lks Ph 5, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Parks & Amenities
145,000 sq ft All Sports Dome planned on Gus Road in Kissimmee
All Sports Dome Southeast plans a climate-controlled indoor inflatable dome at 3070 Gus Road with multi-sport courts, turf fields and training areas. It would be the brand's first Greater Orlando location, with an opening expected in 2027 and no exact date given.
What it may mean for the marketAn indoor sports venue would add year-round recreation and event space on Kissimmee's Gus Road area. The project is about 8 miles northwest of Hanover Lks Ph 5, elsewhere in Osceola County.
Source: What Now Orlando - October 2026Infrastructure
Turnpike widening in Osceola County runs ahead of schedule at Fortune Road Bridge
Steel beams for the new westbound Fortune Road Bridge are in place a month early as Florida's Turnpike is widened from two to four lanes each way between Partin Settlement Road and Osceola Parkway. Westbound bridge traffic is expected at the start of 2027, and the broader project targets 2031. The bridge adds bike lanes and sidewalks.
What it may mean for the marketDoubling Turnpike capacity through this stretch should ease regional commutes between Kissimmee and the Orlando area once complete. The site is about 8 miles north of Hanover Lks Ph 5.
Source: WFTV - October 2026Development
Experience Kissimmee launches Film Kissimmee commission to recruit productions
The new film commission markets Osceola County to production companies through an online database of more than 100 filming locations and has hired a location manager. Leaders say productions could become a new economic driver, citing spending on hotels, vehicles, food and crew services.
What it may mean for the marketFilm work could add temporary jobs and visitor spending for hospitality and service businesses across Osceola County. The site is about 8 miles northwest of Hanover Lks Ph 5.
Source: WFTV - September 2026Infrastructure
CFX holds public meetings on 14-mile toll road through part of Split Oak Forest
The Central Florida Expressway Authority held public meetings on Sept. 16 and 17 for a 14-mile road from State Road 417 near Boggy Creek Road in Orange County to Nova Road in Osceola County. CFX says portions could begin construction next year and that the road would ease traffic on Narcoossee Road. The agency faces a legal challenge from Orange County and is pursuing an eminent domain case.
What it may mean for the marketIf built, the road would add a new east-west route between Lake Nona and St. Cloud, changing commute options and access to east Orange and Osceola land. The project is about 16 miles northeast of Hanover Lks Ph 5, elsewhere in Osceola County.
Source: Spectrum News 13 - August 2026Civic
St. Cloud council approves $6.7 million downtown apartment and parking garage agreement
The City Council unanimously approved an agreement with Atlantic Housing Partners for apartments and a parking garage next to City Hall. The Community Redevelopment Agency contributes $6.25 million and the city $460,000. The garage would hold 450 to 500 spaces, with 250 reserved for apartment residents.
What it may mean for the marketNew downtown rental housing and public parking would add residents and parking capacity to the St. Cloud core. The site is about 6 miles northeast of Hanover Lks Ph 5.
Source: Spectrum News 13
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in Hanover Lakes?
What share of Hanover Lakes is owner-occupied?
When were the homes in Hanover Lakes built?
Who is the best real estate agent for Hanover Lakes?
How do I find a top St Cloud real estate agent who knows Hanover Lakes?
Can Momentum Realty connect me with an agent for Hanover Lakes?
Where is Hanover Lakes, and what county is it in?
Should you buy in Hanover Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (6 streets, ZIP 34772)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2021 (21 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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