Lake In The Woods Ph V
Homes for Sale in Spring Hill, FL

Community in Spring Hill · Hernando County
153 homesBuilt 1983–2023Median sale $480K
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Live Market Pulse
59/100
Market Heat
Near its long-run normal
2016 → 2026 · 83 at the 2022 peak
0 is Lake In The Woods Ph V's coldest market since 2016, 100 its hottest. Today: 59. How it's scored
Built fromLive Stellar MLS data15 years of closingsFL DOR public recordsUpdated twice daily
Live · Lake In The Woods Ph V Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$480K
Median sold · 12 mo
down 6.8% vs the prior 12 months
-6.8%
1-yr price change
n = 11 and 5 sales in the two windows
$157/sf
Sold $/sqft · 12 mo
peak $197 in 2024
90.3%
Sale vs ask
Hernando median: 95.3%
Tempo
37days
Median DOM · closed
8 days at the 2022 low
11
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
76%
Owner-occupied · Lake In The Woods Ph V
117 of 154 parcels homesteaded (FL DOR 2025)
24%
Non-owner-occupied · Lake In The Woods Ph V
incl. 1% trust or LLC-held · 100% out-of-state
50%
Cash buyers · Lake In The Woods Ph V
6 of 12 sales, 12 mo ending June 2026
153
Homes in the community
plus 1 vacant residential lots · 154 residential parcels (FL DOR 2025)
Track record · 15 years of records
Est. 1983
Community established
homes built 1983-2023, median 1988 (FL DOR 2025)
2
Failed listings · 2026
peaked at 23 in 2021
3,048sqft
Median sold home size
12-mo windows, closed sales
7.2%/yr
Turnover rate
about 11 of 153 homes trade a year
Lake In The Woods Ph V Housing Pulse · Momentum Research · as of July 15, 2026

Lake In The Woods Ph V right now

🟡 Off the recent peak. The trailing-12-month median ($480K) is down 6.8% from the prior 12 months ($515K). With about 4 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: Low (11 and 5 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

Lake In The Woods Ph V market snapshot (as of July 15, 2026): the median sale price is about $480K ($157 per sq ft over the trailing 12 months of closed sales), and a median 37 days on market for closed sales. The trailing-12-month median is down 7% from the prior 12 months, computed from record-level Stellar MLS closed sales (11 closings in the current window).

Lake In The Woods Ph V is a community of 153 homes in Spring Hill, Hernando County, built between 1983 and 2023 (median 1988), with a median living area of about 4,245 square feet. 76% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 11 sales each (11 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.

Median sale price · trailing 12 mo
$400K$600K20122014201620182020202220242026
Down 6.8% year over year.
Every sale since 2011 · price vs size
$0$250K$500K$750K2k4k
47 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $92 in 2012 to a $197 peak in 2024; $157 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
8 days at the 2022 low; 37 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
90.3% now vs Hernando 95.3%.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 11 a year; 11 in the current window.
Sellers who gave up · failed listings per year
0102020082012201620242026
Canceled, expired, or withdrawn. 23 quit in 2021; 2 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
83 at the 2022 peak, 20 in the troughs, 59 now. Same score as the hero card, full history.

If we were buying in Lake In The Woods Ph V 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 Lake In The Woods Ph V.

A closer look at the Lake In The Woods Ph V market

At a median of $157 per square foot, Lake In The Woods Ph V prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 7% year over year. Homes that do trade take a median 37 days on market, useful leverage on any listing that has lingered.

The housing stock is 153 homes built between 1983 and 2023, and 76% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Lake In The Woods Ph V. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.1C · Buy Score
Recent Direction4.3/10
Owner Commitment7.6/10
Pricing Power3.5/10

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 (5.1). Basis: Recent Direction -6.8% year-over-year; Owner Commitment 76% owner-occupied; Pricing Power 90.3% sale-to-list. Refreshed with each data update.

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 Lake In The Woods Ph V sales matched to your home.

What is your Lake In The Woods Ph V home worth?

Get a no-obligation home value based on real comparable sales in Lake In The Woods Ph V, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Lake In The Woods Ph V?
The median sale price in Lake In The Woods Ph V was $480K over the 12 months ending July 15, 2026 (11 closed sales, Stellar MLS).
How long do homes in Lake In The Woods Ph V take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 37 days on market (11 sales, Stellar MLS).
How many homes are in Lake In The Woods Ph V?
The Florida DOR 2025 assessment roll shows 153 homes plus 1 vacant residential lots in Lake In The Woods Ph V (public records).
What share of Lake In The Woods Ph V is owner-occupied?
76% of Lake In The Woods Ph V parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lake In The Woods Ph V built?
Homes in Lake In The Woods Ph V were built between 1983 and 2023, with a median year built of 1988 (FL DOR 2025 roll).
Do cash buyers compete in Lake In The Woods Ph V?
Cash buyers took 50% of Lake In The Woods Ph V sales in the 12 months ending June 2026 (6 of 12 closings, Stellar MLS).
Who is the best real estate agent for Lake In The Woods Ph V?
The best agent for Lake In The Woods Ph V is one who actively works Spring Hill 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 Lake In The Woods Ph V.
How do I find a top Spring Hill real estate agent who knows Lake In The Woods Ph V?
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 Lake In The Woods Ph V and the wider Spring Hill area.
Can Momentum Realty connect me with an agent for Lake In The Woods Ph V?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake In The Woods Ph V purchase or sale - no call center and no pressure.

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 34606/34607))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2011 (47 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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