The Villages is a census-designated place (CDP) in Sumter and Marion counties in the U.S. state of Florida. It shares its name with a broader master-planned, age-restricted community that spreads into portions of Lake County. The overall development lies in central Florida, approximately 20 miles south of Ocala and approximately 45 miles northwest of Orlando. As of the 2020 census, the population of the CDP was 79,077. In 2023, it was estimated that 145,000 residents lived there.
The Villages covers an area of approximately 32 square miles, an area larger than Manhattan, and is expanding mainly to the south of the current community. It is made up of 17 special purpose community development districts (CDD), which are controlled by a board of supervisors (BoS), five individuals elected by the landowners of the district. H. Gary Morse, the original owner's son, transferred most direct ownership in the company to his three children in 2006; Morse died in 2014.
The community is the center of The Villages metropolitan area, which consists of all of Sumter County and is included in the Orlando–Lakeland–Deltona combined statistical area; and Marion County is included in the Ocala, Florida Metropolitan Statistical Area. According to May 2023 Census Bureau data, between July 1, 2021, and July 1, 2022, The Villages metro area grew by 7.5% or 10,103 people to 144,970 residents. The area was the fastest-growing metropolitan statistical area in the country.
Harold Schwartz, a Michigan businessman, began selling land tracts via mail order in The Villages area in the 1960s. He and his business partner, Al Tarrson, were forced to close this aspect of the business following the implementation of a 1968 federal law banning real estate sales by mail order.
Stuck with considerable portions of Florida land, in the early 1970s, Schwartz and Tarrson began the development of a mobile home park, Orange Blossom Gardens, in the northwestern corner of Lake County. By the early 1980s, the community had sold only 400 units. Schwartz bought out Tarrson's interest in improving the business and brought his son, H. Gary Morse, on board in 1983.
Morse noted that the thriving retirement communities (such as Del Webb's Sun City developments) offered numerous well-maintained amenities to the residents. They also had diverse and nearby commercial development. Morse began to upgrade the development significantly. Their sales improved in the mid-1980s. Schwartz began to buy large tracts of land in nearby Sumter and Marion counties for future expansion. In 1992, Morse officially changed the overall development name to The Villages. The development is still controlled in all significant aspects by descendants of Schwartz and Morse.
By the early 1990s, The Villages had more than 8,000 residents, three golf courses, the first Winn Dixie supermarket opened, just four restaurants and nightly dances were held in a tent.
In January 2017, the Holding Company of the Villages announced the purchase of 8,000 acres of land south of Florida State Road 44 in and around the villages of Southern Oaks and Fenney. In the spring of 2017, The Villages announced a planned acquisition of 2,600 acres north and south of County Road 470 along the east side of Florida's Turnpike for future development. The deal has passed due diligence by the Leesburg City Commission, and zoning ordinance changes were approved by the Leesburg Planning Commission (with the city commission giving final approval). The initial plans call for the building of approximately 4,500 homes with some commercial development also being planned.
According to data from RCLCO Real Estate, the Holding Company of the Villages sold 2,231 homes in 2017, a 13% increase over 2016. The Villages was the top-selling master-planned community in the United States in 2017 and one of only four communities to sell more than 1,000 homes.
The Villages also claimed the title of the best-selling master-planned community of the decade, with 24,440 new home sales from 2010 through 2019.
In January 2022, RCLCO Real Estate Advisors named The Villages the top-selling planned community for the ninth consecutive year, with 4,004 new homes sold in 2021, an increase of 63 percent over 2020.