The Forest
Homes for Sale in Lake Mary, FL
All 208 homes for sale in Lake Mary, FL · median $439,900 · 131 homes for sale in 32746 · Seminole County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 13 closed sales in The Forest Ph Two - Sec One in Lake Mary, FL since 2016, the most recent in September 2025. Across Lake Mary as a whole, 400 homes closed in the last 12 months at a median of $426,000, 32 median days on market, with 67 homes for sale today. At that median and Seminole County's FY2025-26 rate of 15.18 mills, annual property tax runs about $6,470 ($5,870 with the full homestead exemption).
This is an established Lake Mary pocket where the housing stock skews older — a median build year around 1979, with a small footprint at a median of roughly 1,325 living square feet. Price here is driven far less by any list of features than by condition and updates. A home that has been renovated and one that has not can sit worlds apart on the same street, so the spread is real and it tracks work done, not square footage.
With about 166 homes and a strong owner-occupant base — homestead share near 73% — turnover is limited and inventory stays thin. For sellers that scarcity is leverage if the home shows well. For buyers it means you are competing for a modest number of doors, and the smart move is to underwrite the cost of any deferred maintenance before you fall for the location.
Nearby homes for sale
No active listings inside The Forest Ph Two - Sec One 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
The Forest - Sec One is a small, largely owner-occupied enclave in Lake Mary (Seminole County) built out over several decades, where the newest and oldest homes span from 1972 to 2021. Expect compact floor plans and a market where condition, not size, sets the number.
Stellar MLS sales records identify 93 homes in The Forest that have changed hands since 2004, built between 1973 and 2022 (median 1981), with a median living area of about 1,341 sq ft and a typical 2-bedroom, 2-bath layout. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
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 The Forest is best for.
Best for
- Buyers wanting an established Lake Mary location in an efficient, smaller floor plan
- Long-hold owner-occupants comfortable in a low-turnover, mostly homesteaded pocket
- Renovation-minded buyers willing to update an older home and budget for it upfront
Probably not for
- Buyers needing significant square footage or newer construction as a baseline
- Anyone wanting a fully updated, no-work home with no tolerance for older systems
- Investors seeking quick turnover, given the strong owner-occupant hold and thin supply
The market around The Forest
The Forest is too small for its own price trend, so here is the market around it.
In ZIP 32746, 246 homes are on the market and 30% are under contract — a steady corner of Lake Mary.
Across Seminole County, 1,646 homes are active and 585 pending (26% under contract).
In ZIP 32746 (Lake Mary), 650 homes closed in the last 12 months at a median of $422K ($231/sq ft), up 0.8% year over year, with a median 34 days on market. Right now 75 active and 36 pending listings put supply at about 2.6 months — a healthy market. See the live ZIP 32746 housing market and the Seminole County market.
ZIP and county figures describe the wider market, not The Forest specifically. Momentum Research analysis of MLS records.
The The Forest buying strategy.
If we were buying in The Forest 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 The Forest.
An older, condition-driven pocket
The build range here runs from 1972 to 2021, but the median year built sits around 1979 — meaning most of what trades is decades old. That age is the story: roofs, systems, and finishes vary widely from house to house, and the ones that have been brought up to date will command a premium the raw stats won't show. At a median of about 1,325 square feet, these are efficient, right-sized homes, not sprawling ones.
A homestead share near 73% tells you this is a stay-put community rather than an investor churn. Combined with only 166 homes, that keeps supply tight and listings meaningful when they surface. Buyers should read every listing through the lens of what's original versus updated; sellers should recognize that documented, quality updates are what separate a strong sale from an average one.
The location and the amenities are priced into every listing in The Forest. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, older, condition-sensitive pocket like this, the value is in reading each home accurately — what's been updated, what's deferred, and how that should move the price. We work Lake Mary and Seminole County closely, and with inventory this thin we help sellers position updates properly and help buyers avoid overpaying for cosmetics over substance.
The Forest 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 The Forest 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 The Forest sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Forest, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Forest home worth?
Get a no-obligation home value based on real comparable sales in The Forest, 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 all homes for sale in Lake Mary →
Should you buy in The Forest?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2016 (13 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 local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how The Forest - Sec One fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about The Forest
Where is The Forest?
The Forest is a community in Lake Mary, Seminole County, Florida, ZIP 32746.
Are there homes for sale in The Forest right now?
No active listings inside The Forest at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does The Forest have an HOA or CDD?
No HOA is on record for The Forest in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Nearby Communities
Explore more neighborhoods near The Forest with Momentum Realty’s local guides.