34638 (Land O' Lakes)
Homes for Sale & Housing Market
Median sale price $394,990, up 1.8% year over year, with homes going under contract in about 45 days, 143 homes on the market.
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Housing Market Analyst
Inventory sits at 2.3 months of supply — tight by the 3-to-6-month balanced benchmark, and 42% of listed homes are already under contract. Prices are up 1.8% versus the prior year and sellers are still collecting 96.6% of asking. Taken together, the data points to a seller-leaning market.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Prices — pressure remains upward while supply stays this thin.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 42% of inventory sits under contract.
- Mortgage sensitivity — at 4.9× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 34638 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where 34638 is hot — and where it isn't
Each dot is a community (73 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 34638 (Land O' Lakes)
The median sale price across 34638 currently stands at $394,990, up 1.8% from a year ago. Buyers are paying a median of $181 per square foot. The typical home goes under contract in about 45 days. Sellers are capturing 96.6% of their original asking price on average.
There are 143 active listings on the market, with 80 more already under contract. At the current sales pace that works out to 2.3 months of supply — a seller-leaning market by the standard six-month benchmark. 779 homes closed here over the trailing 12 months.
Zillow's home value index for Pasco County stands at $331,636. About 32% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 34638 is 72 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
34638 since 2012 — and where it’s heading
A median home here sold for $180,584 in 2012 and $429,074 over the last recorded year — 138% appreciation across 14 years of recorded sales. Cash buyers took 12% of recent sales, down from a 23% peak.
Median sale price · 2012–2026 (10,356 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Pasco County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Pasco County (MLS)
Median price · daily recalculation
What’s driving 34638
Top inbound states: NY, NJ, IL, CA. Movers arriving report ~$76,486 average income. Source: IRS SOI county-to-county migration, 2022-2023
8,233 Citizens policies in force in Pasco County — the state-backed insurer of last resort. Budget insurance into any Pasco purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
6,191 single-family · 1,687 multi-family · 13.4 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in 34638 right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Pasco
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 34638 ← this page | $395K | 143 | 72 | |
| 33543 | $415K | 304 | 56 | Open → |
| 33541 | $400K | 289 | 48 | Open → |
| 34667 | $254K | 248 | 47 | Open → |
| 33545 | $445K | 201 | 59 | Open → |
| 34652 | $220K | 198 | 46 | Open → |
Neighborhoods on the move
| Angeline - Active AdultLand O' Lakes | $370K | ▲ 17% |
| ANGELINELand O' Lakes | $395K | ▲ 12% |
| Angeline Ph 1A 1B 1C & 1DLand O' Lakes | $350K | ▲ 11% |
| STONEGATE PH 01Land O' Lakes | $659K | ▲ 10% |
| Devonwood ResidentialLand O' Lakes | $435K | ▲ 9% |
| Suncoast Lakes Ph 3Land O' Lakes | $370K | ▼ 24% |
| SUNCOAST LAKES PH 01Land O' Lakes | $385K | ▼ 21% |
| ASBEL ESTATESLand O' Lakes | $340K | ▼ 19% |
| Asbel Estates Ph 3Land O' Lakes | $340K | ▼ 15% |
| Concord Station Ph 04 Units A & BLand O' Lakes | $380K | ▼ 9% |
| ANGELINELand O' Lakes | $395K | 39 |
| DEERBROOKLand O' Lakes | $416K | 20 |
| ConnertonLand O' Lakes | $442K | 18 |
| Salem TwnhmsLand O' Lakes | $329K | 14 |
| Lakeshore RanchLand O' Lakes | $534K | 13 |
| Suncoast Meadows Increment 02Land O' Lakes | $385K | 8 days |
| Concord Station Ph 04 Units A & BLand O' Lakes | $380K | 8 days |
| BallantraeLand O' Lakes | $375K | 12 days |
| angus valley unit 3Wesley Chapel | $265K | 18 days |
| STONEGATE PH 01Land O' Lakes | $659K | 21 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 34638 right now?
The data says conditions currently favor sellers in 34638 — the Momentum Score reads 72/100 with 2.3 months of supply. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 34638 becoming more affordable?
No — the median sale price in 34638 is $394,990, up 1.8% versus the prior year, while sellers still capture 96.6% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 34638?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Suncoast Lakes Ph 3 (-24%); SUNCOAST LAKES PH 01 (-21%); ASBEL ESTATES (-19%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 34638 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Suncoast Meadows Increment 02 (8 days); Concord Station Ph 04 Units A & B (8 days); Ballantrae (12 days) — homes there go under contract well ahead of the market-wide pace of 45 days.
34638 (Land O' Lakes) housing market FAQ
How is the housing market in 34638 right now?
As of September 15, 2026, the 34638 housing market favors sellers: the median sale price is $394,990 (up 1.8% year over year), 143 homes are for sale against 779 sales in the last 12 months, which is 2.3 months of supply, and the typical home goes under contract in about 45 days.
How much is a house in 34638?
The median home sold for $394,990 in 34638 over the last 12 months, about $181 per square foot; asking prices on the 143 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in 34638?
By the numbers, sellers in 34638 are getting 96.6% of asking price and going under contract in about 45 days with 2.3 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 34638 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 34638 median sale prices are up 1.8% year over year, inventory stands at 2.3 months of supply, and 42% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 34638?
The median sale price in 34638 is currently $394,990, up 1.8% from a year ago, based on MLS sales data updated September 15, 2026.
Is 34638 a buyer's or seller's market right now?
The data currently favors sellers. 34638 scores 72 of 100 on the Momentum Score, with 2.3 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 34638?
The typical home in 34638 goes under contract in about 45 days, per current MLS data.
How many homes are for sale in 34638?
There are approximately 143 active listings in 34638 as of September 15, 2026.
Are home prices in 34638 rising or falling?
Median sale prices are up 1.8% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 34638 (Land O' Lakes). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 15, 2026 at 7:33 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.