Hills Of Lake Mary Ph 1
Homes for Sale in Lake Mary, FL
True comps, carrying-cost math, and listings before the portals.
Hills Of Lake Mary Ph 1 is a small, established pocket of 79 homes built between 1987 and 1994, with a median of about 1,889 living square feet. At a median of $475,500, or roughly $260 per square foot, price here is driven less by size and more by condition — original-to-the-era homes and updated ones can sit far apart, and the single median figure hides a real spread you only understand by walking the houses.
The market posture is brisk but not frantic. A median 19 days on market says well-priced, presentable homes move quickly, while the homestead share near 86% tells you inventory is thin because most owners live in and hold their homes. For buyers that means limited supply and little room to lowball; for sellers it means condition and prep, not luck, decide whether you beat that 19-day median.
The 60-Second Overview
Hills Of Lake Mary Ph 1 market snapshot (as of July 13, 2026): the median sale price is about $476K ($260 per sq ft over the trailing 12 months of closed sales), and a median 19 days on market for closed sales.
Hills Of Lake Mary Ph 1 is a community of 79 homes in Lake Mary, Seminole County, built between 1987 and 1994 (median 1989), with a median living area of about 1,889 square feet. 86% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
A compact late-1980s to early-1990s community in Lake Mary where the housing stock is mature and turnover is low, so the practical challenge is finding a home that comes up at all — and reading condition carefully once one does.
Who Hills Of Lake Mary Ph 1 is best for.
Best for
- Buyers targeting an established Lake Mary neighborhood in the mid-$470s who plan to hold rather than flip
- Buyers willing to inspect closely and budget for updates on a late-1980s home
- Move-up buyers who value a settled, low-turnover community over new construction
Probably not for
- Buyers who need a wide selection to compare, given only 79 homes and low turnover
- Buyers wanting brand-new construction or larger-than-median square footage
- Buyers expecting to negotiate hard when the median home sells in about 19 days
Price History: What Homes Here Have Actually Sold For
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 ($476K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (3 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 Hills Of Lake Mary Ph 1 buying strategy.
If we were buying in Hills Of Lake Mary Ph 1 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 Hills Of Lake Mary Ph 1.
Why condition is the whole story here
With every home in a tight 1987–1994 build window and a median build year of 1989, the bones across this community are broadly similar. The difference between one listing and the next is almost entirely what has been done since: roof, HVAC, kitchens, baths, and systems. That is why a single median price of $475,500 is a starting reference, not a valuation for any specific house — an updated home and a time-capsule home in the same footprint are not the same trade.
The high homestead share of about 86% reinforces the picture of long-term ownership and limited churn. When homes are held rather than flipped, deferred maintenance and dated finishes are common, and so are meticulously kept homes. Buyers should budget for inspection and possible updates; sellers who have modernized should document it, because at roughly $260 per square foot the buyer is paying for condition, not just square footage.
The location and the amenities are priced into every listing in Hills Of Lake Mary Ph 1. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-turnover community of 79 homes where nearly everything hinges on condition, our value is knowing what specific updates are worth and what a 19-day median actually demands of a listing. We help sellers prep so their home is the one that moves, and we help buyers separate a fairly priced updated home from one that needs work priced as if it doesn't.
Hills Of Lake Mary Ph 1 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 Hills Of Lake Mary Ph 1 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 Hills Of Lake Mary Ph 1 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hills Of Lake Mary Ph 1, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Hills Of Lake Mary Ph 1 home worth?
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Frequently Asked Questions
What is the median home price in Hills Of Lake Mary Ph 1?
How long do homes in Hills Of Lake Mary Ph 1 take to sell?
How many homes are in Hills Of Lake Mary Ph 1?
What share of Hills Of Lake Mary Ph 1 is owner-occupied?
When were the homes in Hills Of Lake Mary Ph 1 built?
Do cash buyers compete in Hills Of Lake Mary Ph 1?
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Can Momentum Realty connect me with an agent for Hills Of Lake Mary Ph 1?
Should you buy in Hills Of Lake Mary Ph 1?
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 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32746)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2005 (36 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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