Asbel Creek in Land O Lakes

Asbel Creek
Homes for Sale in Land O Lakes, FL

Community in Land O Lakes · Pasco County · ZIP 34638
281 homesBuilt 2005–2012Median sale $352K
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Live Market Pulse
38/100
Market Heat
Cooler than normal
2013 → 2026 · 77 at the 2022 peak
0 is Asbel Creek's coldest market since 2013, 100 its hottest. Today: 38. How it's scored
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, asbel creek ph 2 in Land O Lakes, FL has 5 homes for sale and 2 pending, asking from $328,000 to $399,600 (median $335,000). Over the 12 months ending 2026-09-12, 22 recorded sales closed at a median of $351,500, $179 per square foot, a median 38 days on market, sellers accepting 97% of original asking (-3% versus the prior year). Homes listed or recently sold were built 2005 - 2010; 18 of 19 report an HOA (median $71/mo); 1 of the 19 geocoded homes sit in a FEMA special flood hazard zone (median elevation 77 ft). At the median price and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $5,680 ($5,030 with the full homestead exemption).

Live · Asbel Creek Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$352K
Median sold · 12 mo
down 3.4% vs the prior 12 months
-3.4%
1-yr price change
n = 22 and 14 sales in the two windows
$179/sf
Sold $/sqft · 12 mo
peak $188 in 2022
97.0%
Sale vs ask
+166%
T12M median vs 2012
from a $132K median in 2012
Tempo
2.5mo
Supply
3 to 6 months is the balanced band
39days
Median DOM · closed
4 days at the 2021 low
29%
Under contract
Pasco: 23% (1,285 of 5,667)
5 · 2
For sale · pending
live counts, refreshed twice daily
22
Sold · last 12 mo
10-yr average: about 11 a year
Ownership and context
62%
Owner-occupied · Asbel Creek
175 of 281 parcels homesteaded (FL DOR 2025)
38%
Non-owner-occupied · Asbel Creek
incl. 17% trust or LLC-held · 26% out-of-state
281
Homes in the community
281 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 2005
Community established
homes built 2005-2012, median 2006 (FL DOR 2025)
1,960sqft
Median sold home size
12-mo windows, closed sales
7.8%/yr
Turnover rate
about 22 of 281 homes trade a year

Homes For Sale Right Now in Asbel Creek

Live MLS inventory for Asbel Creek. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Asbel Creek listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2026. Tap any home to ask about it.

Asbel Creek Housing Pulse · Momentum Research · as of September 12, 2026

Asbel Creek right now

🟡 Balanced market. 2.5 months of supply and 29% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: High (7 active and pending listings, 22 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($352K) is down 3.4% from the prior 12 months ($364K) and up 166% since 2012. 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 September 12. Confidence: Medium (22 and 14 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 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

Asbel Creek market snapshot (as of September 12, 2026): the median sale price is about $352K ($179 per sq ft over the trailing 12 months of closed sales), a median 39 days on market for closed sales, and 2.5 months of supply, a balanced market. The trailing-12-month median is down 3% from the prior 12 months and up 166% since 2012, computed from record-level Stellar MLS closed sales (22 closings in the current window).

Asbel Creek is a community of 281 homes in Land O Lakes, Pasco County, built between 2005 and 2012 (median 2006), with a median living area of about 2,240 square feet. 62% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 2 to 41 sales each (22 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 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Down 3.4% year over year; up 166% since 2012.
Every sale since 2005 · price vs size
$0$200K$400K$600K2k3k
192 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$150$20020122014201620182020202220242026
Up from $56 in 2012 to a $188 peak in 2022; $179 now.
Median days on market · closed sales
05020122014201620182020202220242026
4 days at the 2021 low; 39 now.
Sale price vs original ask · median
95%98%100%102%20122014201620182020202220242026
97.0% now.
Homes sold per 12-mo window
0204020122014201620182020202220242026
2 to 41 a year; 22 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620222026
77 at the 2022 peak, 26 in the troughs, 38 now. Same score as the hero card, full history.

Asbel Creek Market Scorecard

Seller's market

Asbel Creek is currently a seller's market. About 2.5 months of supply, a median asking price of $335,000, and homes go under contract in about 108 days.

2.5
Months supply
$335,000
Median list
$350,000
Median sold
$216
Per sqft
108
Days on mkt
5/2/24
Active/Pend/Sold

Typical home value in the 34638 ZIP is $424,792, about 27.9% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in asbel creek ph 2, Land O Lakes

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
4.35%
1 of 23 listings · short sale 1
Distress share trend - 4.35% now (2026-08-10 → 2026-09-12)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Pasco County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pasco County Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Choice and magnet options may apply, assigned by address

Zoned schools reflect the assignments reported on recent Asbel Creek listings and can change; always confirm with Pasco County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Asbel Creek address.

Recent Developments in Asbel Crk Ph 2

Development, infrastructure, retail, and school activity affecting Asbel Crk Ph 2, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum60/100 · Active
  1. July 2026
    Development

    Pomelo Square mixed-use community advances in Wesley Chapel

    Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.

    What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 11 miles east of Asbel Crk Ph 2, elsewhere in Pasco County.

    Source: Florida YIMBY
  2. April 2026
    Development

    New mixed-use development planned on State Road 52 in central Pasco

    A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.

    What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The site is about 3 miles southeast of Asbel Crk Ph 2.

    Source: Tampa Bay Times
  3. January 2026
    Development

    Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco

    Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.

    What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 1 mile southwest of Asbel Crk Ph 2.

    Source: WUSF
  4. January 2026
    Development

    Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel

    Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.

    What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The project is about 12 miles southeast of Asbel Crk Ph 2, elsewhere in Pasco County.

    Source: HCO News

Development alerts for Asbel Crk Ph 2Get a short monthly email when something new is approved, funded, or opens near Asbel Crk Ph 2.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Asbel Creek 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 Asbel Creek.

A closer look at the Asbel Creek market

At a median of $179 per square foot, Asbel Creek prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 2.5 months of supply, a balanced market and the trailing-12-month median down 3% year over year. Homes that do trade take a median 39 days on market, useful leverage on any listing that has lingered.

The housing stock is 281 homes built between 2005 and 2012, and 62% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Asbel Creek. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.3B · Buy Score
Long-Term Appreciation9.6/10
Recent Direction5.2/10
Liquidity & Demand7.5/10
Owner Commitment6.2/10
Pricing Power8.0/10

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 5 factors (7.3). Basis: Long-Term Appreciation +166% since 2012; Recent Direction -3.4% year-over-year; Liquidity & Demand 2.5 months of supply; Owner Commitment 62% owner-occupied; Pricing Power 97.0% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Asbel Creek sales matched to your home.

What is your Asbel Creek home worth?

Get a no-obligation home value based on real comparable sales in Asbel Creek, 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 homes for sale in Asbel Creek on the map →

Real comps, not an automated estimate.

Recently off market in asbel creek ph 2

Homes in asbel creek ph 2 that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.

Frequently Asked Questions

What is the median home price in Asbel Creek?
The median sale price in Asbel Creek was $352K over the 12 months ending September 12, 2026 (22 closed sales, Stellar MLS).
How long do homes in Asbel Creek take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 39 days on market (22 sales, Stellar MLS).
Is Asbel Creek a buyer's or seller's market right now?
As of September 12, 2026, Asbel Creek is roughly balanced: 2.5 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Asbel Creek?
The Florida DOR 2025 assessment roll shows 281 homes in Asbel Creek (public records).
What share of Asbel Creek is owner-occupied?
62% of Asbel Creek parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Asbel Creek built?
Homes in Asbel Creek were built between 2005 and 2012, with a median year built of 2006 (FL DOR 2025 roll).
Have Asbel Creek home prices gone up?
The trailing-12-month median is up 166% since 2012, from $132K to $352K (Stellar MLS closed records).
What schools serve Asbel Creek?
Asbel Creek is served by Pasco County Public Schools, typically Pasco County Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Asbel Creek?
The best agent for Asbel Creek is one who actively works Land O Lakes 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 Asbel Creek.
How do I find a top Land O Lakes real estate agent who knows Asbel Creek?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Asbel Creek and the wider Land O Lakes area.
Can Momentum Realty connect me with an agent for Asbel Creek?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Asbel Creek purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near Asbel Creek with Momentum Realty’s local guides.

Asbel Creek0.1 mi awayCypress Preserve Land O Lakes0.7 mi awayTierra Del Sol Land O Lakes0.8 mi awayAngeline Land O Lakes1.3 mi awayLakeshore Ranch Land O Lakes1.7 mi awayConner Xing Spring Hill2.0 mi awayTalavera Spring Hill2.3 mi awayConnerton Land O Lakes3.1 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 12, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (6 streets, ZIP 34638))
Under-contract sharesStellar MLS records, as of 2026-09-08
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2005 (192 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 →

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CallFree valuation →
Thinking of selling in asbel creek ph 2? 22 recorded closings; median 38 days on market (window ending 2026-09-12). See the Pasco County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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