Market Intelligence · FL / Land O Lakes

Land O Lakes, FL 34638 Housing Market

The typical home value in Land O Lakes, FL 34638 is $420,845, down 3.1% over the past year. The median list price is $424,999, and homes are taking a median of 71 days on market.

Updated August 2026Median value$421K

The median home value in Land O Lakes, FL 34638 is $421K as of August 2026, down 3.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 34638 range

$387K to $455K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.1% over 12 months

Typical home value in 34638 over the last 12 months: $434K in Aug 2025 to $421K in Aug 2026 (-3.1%).

Aug 2025$434K

Aug 2026$421K

The numbers

What is the 34638 housing market like?

Typical home value

$421K

Down3.1%YoY

Median list price

$425K

Up2.7%MoM

Days on market

71

Up1.4%MoM

Homes for sale

193

Down5.4%MoM

Price cuts

26.4%

Up4.4%MoM

New listings

56

Down24.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 34638 home prices compare?

  • 34638$420,845
  • Land O Lakes$420,845
  • Florida$345,153
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Land O Lakes: 3 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

There are 193 homes for sale in 34638, with 56 new listings coming on. The median list price sits at $424,999, close to the typical home value of $420,845, though values have slipped 3.1% over the past year. Homes are taking a median of 71 days to move, and 26.4% of listings have had a price cut. That points to buyers having room to negotiate. For a seller, this is a market where realistic pricing from the start matters more than testing a high number.

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