Rolling Hills Estates Unit 1 At Formosa Gardens
Homes for Sale in Kissimmee, FL

Community in Kissimmee · Osceola County
90 homesBuilt 1998–2001Median sale $472K
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Built fromLive Stellar MLS data2 years of closingsFL DOR public recordsUpdated twice daily
Live · Rolling Hills Estates Unit 1 At Formosa Gardens Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$472K
Median sold · 12 mo
up 2.2% vs the prior 12 months
+2.2%
1-yr price change
n = 4 and 6 sales in the two windows
$221/sf
Sold $/sqft · 12 mo
peak $224 in 2025
95.8%
Sale vs ask
Osceola median: 95.9%
Tempo
48days
Median DOM · closed
25 days at the 2025 low
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
34%
Owner-occupied · Rolling Hills Estates Unit 1 At Formosa Gardens
31 of 90 parcels homesteaded (FL DOR 2025)
66%
Non-owner-occupied · Rolling Hills Estates Unit 1 At Formosa Gardens
incl. 16% trust or LLC-held · 44% out-of-state
17%
Cash buyers · Rolling Hills Estates Unit 1 At Formosa Gardens
1 of 6 sales, 12 mo ending June 2026
90
Homes in the community
90 residential parcels (FL DOR 2025)
Track record · 2 years of records
Est. 1998
Community established
homes built 1998-2001, median 1998 (FL DOR 2025)
0
Failed listings · 2025
peaked at 2 in 2025
2,250sqft
Median sold home size
12-mo windows, closed sales
4.4%/yr
Turnover rate
about 4 of 90 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by a fairly tight housing stock: 90 homes built between 1998 and 2001, with a median footprint around 2,089 square feet. That consistency means condition and updates do most of the work separating one sale from the next. The median sits at $459,900, or roughly $238.75 per square foot, and with year-over-year movement at just -1.1% this is a market holding roughly flat rather than swinging in either direction.

Median days on market is 41 — not fast, not stalled. Sellers should price to the condition of the home rather than to a headline number and expect a buyer who will compare against the rest of the community's older-2000s inventory. Buyers have some room to negotiate on homes that show deferred maintenance, but there is no fire sale here. The read is patience on both sides.

Rolling Hills Estates Unit 1 At Formosa Gardens Housing Pulse · Momentum Research · as of July 15, 2026

Rolling Hills Estates Unit 1 At Formosa Gardens right now

🟡 Still climbing. The trailing-12-month median ($472K) is up 2.2% from the prior 12 months ($462K). With about 3 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 (4 and 6 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

Rolling Hills Estates Unit 1 At Formosa Gardens market snapshot (as of July 15, 2026): the median sale price is about $472K ($221 per sq ft over the trailing 12 months of closed sales), and a median 48 days on market for closed sales. The trailing-12-month median is up 2% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

Rolling Hills Estates Unit 1 At Formosa Gardens is a community of 90 homes in Kissimmee, Osceola County, built between 1998 and 2001 (median 1998.0), with a median living area of about 2,089 square feet. 34% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Rolling Hills Estates Unit 1 at Formosa Gardens is a small, era-consistent pocket in Kissimmee, Osceola County — 90 homes from a narrow late-1990s to 2001 build window, which keeps the housing stock predictable in size and layout.

Best for

  • Buyers targeting a roughly 2,000-square-foot home around the mid-$450s who value predictable layouts
  • Owner-occupants who want a settled, built-out neighborhood rather than active new construction
  • Investors who first confirm HOA and short-term-rental rules and want a tourist-corridor location

Probably not for

  • Buyers who need newer construction or modern floor plans
  • Anyone wanting a wide selection of price points and home sizes to compare
  • Buyers who need a fast, competitive-bid market and can't wait out a roughly six-week median timeline

If we were buying in Rolling Hills Estates Unit 1 At Formosa Gardens 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 Rolling Hills Estates Unit 1 At Formosa Gardens.

Best Buy
Buyers who want a consistent early-2000s home in a compact Kissimmee pocket.
Biggest Risk
A thin recent-sales record means each new closing moves the reference point.
Sweet Spot
An updated home near the median footprint, priced to its actual condition.
Avoid If
You need new construction or a large, guaranteed price range to choose from.

A uniform vintage, priced by condition

With every home built within a three-year span and a median living area near 2,089 square feet, differences in value come down to what an owner has done since. Two homes of the same size can sit well apart on price depending on roof age, systems, kitchens, and finishes. That makes the median of $459,900 a starting reference, not a ceiling or floor — the spread is condition-driven.

The homestead share sits at 34.4%, which tells you a meaningful portion of the stock is not owner-occupied primary residence. Formosa Gardens' location in the Kissimmee tourist corridor is part of that story. Buyers should confirm HOA rules and any short-term rental restrictions before assuming a use case, because the mix here is not purely primary-residence.

The location and the amenities are priced into every listing in Rolling Hills Estates Unit 1 At Formosa Gardens. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.7C+ · Buy Score
Recent Direction6.5/10
Owner Commitment3.4/10
Pricing Power7.2/10

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 (5.7). Basis: Recent Direction +2.2% year-over-year; Owner Commitment 34% owner-occupied; Pricing Power 95.8% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a community this uniform, the money is in reading condition against condition — knowing which updates the last comparable sales actually paid for and which they didn't. With only a handful of recent closings to reference, we lean on the full picture: what sold, what stalled, and why. We will price a listing to its true condition and steer a buyer away from a home whose asking price assumes work that was never done.

Rolling Hills Estates Unit 1 At Formosa Gardens in 15 seconds.

Best forBuyers who want a consistent early-2000s home in a compact Kissimmee pocket.
Biggest advantageUniform vintage and size make comparables unusually clean to read.
Biggest riskA thin recent-sales record means each new closing moves the reference point.
Sweet spotAn updated home near the median footprint, priced to its actual condition.
Avoid ifYou need new construction or a large, guaranteed price range to choose from.

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 Rolling Hills Estates Unit 1 At Formosa Gardens sales matched to your home.

What is your Rolling Hills Estates Unit 1 At Formosa Gardens home worth?

Get a no-obligation home value based on real comparable sales in Rolling Hills Estates Unit 1 At Formosa Gardens, 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 Rolling Hills Estates Unit 1 At Formosa Gardens?
The median sale price in Rolling Hills Estates Unit 1 At Formosa Gardens was $472K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in Rolling Hills Estates Unit 1 At Formosa Gardens take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 48 days on market (4 sales, Stellar MLS).
How many homes are in Rolling Hills Estates Unit 1 At Formosa Gardens?
The Florida DOR 2025 assessment roll shows 90 homes in Rolling Hills Estates Unit 1 At Formosa Gardens (public records).
What share of Rolling Hills Estates Unit 1 At Formosa Gardens is owner-occupied?
34% of Rolling Hills Estates Unit 1 At Formosa Gardens parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Rolling Hills Estates Unit 1 At Formosa Gardens built?
Homes in Rolling Hills Estates Unit 1 At Formosa Gardens were built between 1998 and 2001, with a median year built of 1998.0 (FL DOR 2025 roll).
Do cash buyers compete in Rolling Hills Estates Unit 1 At Formosa Gardens?
Cash buyers took 17% of Rolling Hills Estates Unit 1 At Formosa Gardens sales in the 12 months ending June 2026 (1 of 6 closings, Stellar MLS).
Who is the best real estate agent for Rolling Hills Estates Unit 1 At Formosa Gardens?
The best agent for Rolling Hills Estates Unit 1 At Formosa Gardens is one who actively works Kissimmee 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 Rolling Hills Estates Unit 1 At Formosa Gardens.
How do I find a top Kissimmee real estate agent who knows Rolling Hills Estates Unit 1 At Formosa Gardens?
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 Rolling Hills Estates Unit 1 At Formosa Gardens and the wider Kissimmee area.
Can Momentum Realty connect me with an agent for Rolling Hills Estates Unit 1 At Formosa Gardens?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Rolling Hills Estates Unit 1 At Formosa Gardens purchase or sale - no call center and no pressure.
Buyers targeting a roughly 2,000-square-foot home around the mid-$450s who value predictable layoutsExcellent fit
Owner-occupants who want a settled, built-out neighborhood rather than active new constructionExcellent fit
Investors who first confirm HOA and short-term-rental rules and want a tourist-corridor locationExcellent fit
Buyers who need newer construction or modern floor plansProbably not
Anyone wanting a wide selection of price points and home sizes to compareProbably not
Buyers who need a fast, competitive-bid market and can't wait out a roughly six-week median timelineProbably not

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 (2 streets, ZIP 34747))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2024 (10 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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