Phillips Rep 01 Lakewood
Homes for Sale in Orlando, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
What sets price here is condition and vintage, not square footage. With a median year built of 1952 and a range that runs from 1901 to 2024, this is an older Orlando pocket where a renovated home and a tired one can sit side by side. The median lands at $490,000 on about $311 per square foot, and that per-foot figure is high relative to the modest median size of roughly 1,382 square feet — a sign you are paying for location and updates, not for volume of house.
Posture is balanced, leaning warm. A heat score of 52 and a median 32 days on market mean deals get done at a normal pace, not a frenzy. Year-over-year is up 5.4 percent, so sellers have some tailwind but not license to overprice. Buyers have room to inspect and negotiate on condition; sellers who prep and price to the median rather than above it tend to move within the month.
Phillips Rep 01 Lakewood right now
🟡 Still climbing. The trailing-12-month median ($490K) is up 5.4% from the prior 12 months ($465K). With about a dozen 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: Medium (13 and 11 sales in the two windows).
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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
Phillips Rep 01 Lakewood market snapshot (as of July 15, 2026): the median sale price is about $490K ($311 per sq ft over the trailing 12 months of closed sales), and a median 32 days on market for closed sales. The trailing-12-month median is up 5% from the prior 12 months, computed from record-level Stellar MLS closed sales (13 closings in the current window).
Phillips Rep 01 Lakewood is a community of 647 homes in Orlando, Orange County, built between 1901 and 2024 (median 1952), with a median living area of about 1,382 square feet. 67% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Lakewood is an established close-in Orlando neighborhood of about 647 homes where the housing stock spans more than a century, so the real story is variation between individual houses rather than a single uniform product.
Who Phillips Rep 01 Lakewood is best for.
Best for
- Buyers prioritizing an established, close-in Orlando location over new construction
- Renovation-minded buyers comfortable pricing in roof, systems, and layout work
- Long-hold owner-occupants who value a stock held largely by owner-occupants
Probably not for
- Buyers who want maximum square footage per dollar
- Buyers unwilling to fund updates or inspection-driven repairs on older construction
- Investors seeking quick turnover in a slow-churn, high-homestead pocket
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 ($490K) IS the median in the snapshot above, and the move from 2025 ($465K) IS the +5.4% one-year change.
Windows contain 0 to 20 sales each (13 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 Phillips Rep 01 Lakewood buying strategy.
If we were buying in Phillips Rep 01 Lakewood 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 Phillips Rep 01 Lakewood.
Vintage stock, condition-driven pricing
The median year built of 1952 tells you what you are shopping: older construction, often on smaller footprints near the median of 1,382 square feet. That $311-per-foot median is the number to watch, because in a neighborhood this varied it reflects the premium buyers place on updates. Two homes at the same size can sell far apart depending on kitchens, systems, roof, and whether the layout has been opened up. Budget for inspection and, in many cases, for work.
The homestead share of about 67 percent points to a stock held largely by owner-occupants rather than churned by investors, which tends to keep turnover measured. With a 13-closing window feeding these figures, treat the medians as directional rather than precise, and lean on a comp-by-comp read before you make an offer or set a list price.
The location and the amenities are priced into every listing in Phillips Rep 01 Lakewood. 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 Phillips Rep 01 Lakewood 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 (7.5). Basis: Recent Direction +5.4% year-over-year; Owner Commitment 67% owner-occupied; Pricing Power 97.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a neighborhood where price is dictated by condition and vintage, the median alone will mislead you. We underwrite each home on its own systems, roof, and updates against recent closings, so buyers know what the work will cost before they commit and sellers know exactly where their house sits against the median rather than the headline.
Phillips Rep 01 Lakewood 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 Phillips Rep 01 Lakewood 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 Phillips Rep 01 Lakewood sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Phillips Rep 01 Lakewood, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Phillips Rep 01 Lakewood home worth?
Get a no-obligation home value based on real comparable sales in Phillips Rep 01 Lakewood, 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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Frequently Asked Questions
What is the median home price in Phillips Rep 01 Lakewood?
How long do homes in Phillips Rep 01 Lakewood take to sell?
How many homes are in Phillips Rep 01 Lakewood?
What share of Phillips Rep 01 Lakewood is owner-occupied?
When were the homes in Phillips Rep 01 Lakewood built?
Do cash buyers compete in Phillips Rep 01 Lakewood?
Who is the best real estate agent for Phillips Rep 01 Lakewood?
How do I find a top Orlando real estate agent who knows Phillips Rep 01 Lakewood?
Can Momentum Realty connect me with an agent for Phillips Rep 01 Lakewood?
Should you buy in Phillips Rep 01 Lakewood?
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 (10 streets, ZIP 32803)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (108 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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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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