DEVONWOOD RESIDENTIAL in LAND O LAKES

DEVONWOOD RESIDENTIAL
Homes for Sale in LAND O LAKES, FL

Community in LAND O LAKES · Pasco County · ZIP 34638
187 homesBuilt 2007–2014Median sale $390K
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Live Market Pulse
42/100
Market Heat
Near its long-run normal
2013 → 2026 · 77 at the 2022 peak
0 is DEVONWOOD RESIDENTIAL's coldest market since 2013, 100 its hottest. Today: 42. How it's scored
Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · DEVONWOOD RESIDENTIAL Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$390K
Median sold · 12 mo
down 3.4% vs the prior 12 months
-3.4%
1-yr price change
n = 7 and 8 sales in the two windows
$228/sf
Sold $/sqft · 12 mo
peak $235 in 2022
96.8%
Sale vs ask
+71%
T12M median vs 2012
from a $228K median in 2012
Tempo
5.1mo
Supply
3 to 6 months is the balanced band
44days
Median DOM · closed
4 days at the 2022 low
40%
Under contract
Pasco: 24% (1,350 of 5,734)
3 · 2
For sale · pending
live counts, refreshed twice daily
7
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
84%
Owner-occupied · DEVONWOOD RESIDENTIAL
157 of 187 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · DEVONWOOD RESIDENTIAL
incl. 12% trust or LLC-held · 2% out-of-state
57%
Cash buyers · DEVONWOOD RESIDENTIAL
4 of 7 sales, 12 mo ending June 2026
187
Homes in the community
187 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 2007
Community established
homes built 2007-2014, median 2011 (FL DOR 2025)
2
Failed listings · 2026
peaked at 11 in 2015
1,689sqft
Median sold home size
12-mo windows, closed sales
3.7%/yr
Turnover rate
about 7 of 187 homes trade a year
DEVONWOOD RESIDENTIAL Housing Pulse · Momentum Research · as of August 2, 2026

DEVONWOOD RESIDENTIAL right now

🟡 Balanced market. 5.1 months of supply and 40% 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 August 2, 2026. Confidence: Medium (5 active and pending listings, 7 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($390K) is down 3.4% from the prior 12 months ($404K) and up 71% since 2012. With about 4 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 August 2. Confidence: Medium (7 and 8 sales in the two windows).

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

Updated August 2, 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

DEVONWOOD RESIDENTIAL market snapshot (as of August 2, 2026): the median sale price is about $390K ($228 per sq ft over the trailing 12 months of closed sales), a median 44 days on market for closed sales, and 5.1 months of supply, a balanced market. The trailing-12-month median is down 3% from the prior 12 months and up 71% since 2012, computed from record-level Stellar MLS closed sales (7 closings in the current window).

DEVONWOOD RESIDENTIAL is a community of 187 homes in LAND O LAKES, Pasco County, built between 2007 and 2014 (median 2011), with a median living area of about 2,005 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 11 sales each (7 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 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$300K$400K20122014201620182020202220242026
Down 3.4% year over year; up 71% since 2012.
Every sale since 2012 · price vs size
$0$200K$400K2k2k2k
87 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$20020122014201620182020202220242026
Up from $131 in 2012 to a $235 peak in 2022; $228 now.
Median days on market · closed sales
05010020122014201620182020202220242026
4 days at the 2022 low; 44 now.
Sale price vs original ask · median
95%98%100%102%20122014201620182020202220242026
96.8% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 11 a year; 7 in the current window.
Sellers who gave up · failed listings per year
05102010201220142016201820222026
Canceled, expired, or withdrawn. 11 quit in 2015; 2 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20142016202220242026
77 at the 2022 peak, 29 in the troughs, 42 now. Same score as the hero card, full history.

Devonwood Market Scorecard

Balanced

Devonwood is currently a balanced market. About 5.3 months of supply, a median asking price of $417,500, and homes go under contract in about 44 days.

5.3
Months supply
$417,500
Median list
$385,000
Median sold
$238
Per sqft
44
Days on mkt
4/1/9
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: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in DEVONWOOD RESIDENTIAL, 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
0.0%
0 of 3 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-08-18)

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 August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in DEVONWOOD RESIDENTIAL

Live MLS inventory for DEVONWOOD RESIDENTIAL. 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 DEVONWOOD RESIDENTIAL listings as of 2026-08-22, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026. Tap any home to ask about it.

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
  • Connerton Elementary SchoolFLDOE grade A · Elementary
  • Pine View Middle SchoolFLDOE grade A · Middle
  • Land O' Lakes High SchoolFLDOE grade A · High

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year 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 DEVONWOOD RESIDENTIAL address.

Recent Developments in Devonwood Residential

Development, infrastructure, retail, and school activity affecting Devonwood Residential, 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 10 miles northeast of Devonwood Residential, 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 6 miles north of Devonwood Residential.

    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 7 miles northwest of Devonwood Residential.

    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 site is about 8 miles east of Devonwood Residential.

    Source: HCO News

Development alerts for Devonwood ResidentialGet a short monthly email when something new is approved, funded, or opens near Devonwood Residential.

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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 DEVONWOOD RESIDENTIAL 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 DEVONWOOD RESIDENTIAL.

A closer look at the DEVONWOOD RESIDENTIAL market

At a median of $228 per square foot, DEVONWOOD RESIDENTIAL 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 5.1 months of supply, a balanced market and the trailing-12-month median down 3% year over year. Homes that do trade take a median 44 days on market, useful leverage on any listing that has lingered.

The housing stock is 187 homes built between 2007 and 2014, and 84% 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 DEVONWOOD RESIDENTIAL. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.4B- · Buy Score
Long-Term Appreciation5.8/10
Recent Direction5.2/10
Liquidity & Demand4.9/10
Owner Commitment8.4/10
Pricing Power7.8/10

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 (6.4). Basis: Long-Term Appreciation +71% since 2012; Recent Direction -3.4% year-over-year; Liquidity & Demand 5.1 months of supply; Owner Commitment 84% owner-occupied; Pricing Power 96.8% sale-to-list. Refreshed with each data update.

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 DEVONWOOD RESIDENTIAL sales matched to your home.

What is your DEVONWOOD RESIDENTIAL home worth?

Get a no-obligation home value based on real comparable sales in DEVONWOOD RESIDENTIAL, 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 DEVONWOOD RESIDENTIAL on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in DEVONWOOD RESIDENTIAL?
The median sale price in DEVONWOOD RESIDENTIAL was $390K over the 12 months ending August 2, 2026 (7 closed sales, Stellar MLS).
How long do homes in DEVONWOOD RESIDENTIAL take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 44 days on market (7 sales, Stellar MLS).
Is DEVONWOOD RESIDENTIAL a buyer's or seller's market right now?
As of August 2, 2026, DEVONWOOD RESIDENTIAL is roughly balanced: 5.1 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in DEVONWOOD RESIDENTIAL?
The Florida DOR 2025 assessment roll shows 187 homes in DEVONWOOD RESIDENTIAL (public records).
What share of DEVONWOOD RESIDENTIAL is owner-occupied?
84% of DEVONWOOD RESIDENTIAL parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in DEVONWOOD RESIDENTIAL built?
Homes in DEVONWOOD RESIDENTIAL were built between 2007 and 2014, with a median year built of 2011 (FL DOR 2025 roll).
Do cash buyers compete in DEVONWOOD RESIDENTIAL?
Cash buyers took 57% of DEVONWOOD RESIDENTIAL sales in the 12 months ending June 2026 (4 of 7 closings, Stellar MLS).
Have DEVONWOOD RESIDENTIAL home prices gone up?
The trailing-12-month median is up 71% since 2012, from $228K to $390K (Stellar MLS closed records).
What schools serve DEVONWOOD RESIDENTIAL?
DEVONWOOD RESIDENTIAL is served by Pasco County Public Schools, typically Connerton Elementary School, Pine View Middle School and Land O' Lakes High School. Confirm the exact zoning by address with the district.
Who is the best real estate agent for DEVONWOOD RESIDENTIAL?
The best agent for DEVONWOOD RESIDENTIAL 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 DEVONWOOD RESIDENTIAL.
How do I find a top LAND O LAKES real estate agent who knows DEVONWOOD RESIDENTIAL?
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 DEVONWOOD RESIDENTIAL and the wider LAND O LAKES area.
Can Momentum Realty connect me with an agent for DEVONWOOD RESIDENTIAL?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your DEVONWOOD RESIDENTIAL purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near DEVONWOOD RESIDENTIAL with Momentum Realty’s local guides.

Manors Lk Padgett Land O Lakes0.7 mi awayOakstead Land O Lakes1.6 mi awayLandings At Bell Lake Land O Lakes1.9 mi awayHolly Lake Estates Lutz1.9 mi awayValencia Gardens2.3 mi awayCollier Place Land O Lakes2.4 mi awayDeer Park2.4 mi awayWillow Bend2.4 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2012 (87 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 your area comps.

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Devonwood appears in these guides

Thinking of selling in DEVONWOOD RESIDENTIAL? 7 recorded closings; median 44 days on market (window ending 2026-08-02). 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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