Market Intelligence · FL / Land O Lakes

Land O Lakes, FL 34638 Housing Market

The typical home value in Land O Lakes is $422,003, down 2.7% over the past year. Homes are listed at a median price of $417,475 and spend a median of 64 days on market as of September 2026.

Updated September 2026Median value$422K

The median home value in Land O Lakes, FL 34638 is $422K as of September 2026, down 2.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 34638 range

$388K to $456K

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

-2.7% over 12 months

Sep 2025$434K

Low $422KHigh $434K

Sep 2026$422K

The numbers

What is the 34638 housing market like?

As of September 2026

Typical home value

$422K

2.7%YoY

Median list price

$417K

1.8%MoM

Days on market

9.9%MoM

Homes for sale

208

7.8%MoM

Price cuts

29.4%

11.6%MoM

New listings

32.1%MoM

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

The outlook

34638 housing market forecast 2027

-1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 34638 to fall 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 34638 fell 2.7%, per the Zillow Home Value Index.

Will home prices drop in 34638?

Zillow's forecast says they may: it expects typical home values in 34638 to fall 1.3% by September 2027, after a 2.7% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 34638 home prices compare?

34638$422,003
Land O Lakes$422,003
Florida$344,436
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Land O Lakes: 3 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

Sellers in 34638 face a cooler market than a year ago, with typical values at $420,845, down 3.1% over the past year as of August 2026. There were 208 homes for sale as of September 2026, with 74 new listings hitting the market that month. Homes are taking a median of 64 days to sell, and 29.4% of listings carried a price cut. The median list price of $417,475 sits close to the typical value, but nearly a third of sellers are still reducing. For a seller, pricing realistically from the start matters more than testing the market.

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Down payment20% · $84,401

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Common questions

What people ask us.

What is the typical home value in Land O Lakes (34638)?

The typical home value is $422,003, down 2.7% over the past year as of September 2026.

How long do homes typically stay on the market here?

The median days on market is 64 as of September 2026.

What percentage of homes have seen price cuts?

As of September 2026, 29.4% of listings have a price cut.

Discover

Nearby ZIP markets.

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