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Sarah Mitchell
Compass Real Estate · ZIP 32738
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32738 ZIP Code Housing Market
$310,000median sale price
What is the 32738 housing market like right now?
The median home sale price in ZIP code 32738 is $310,000, up 3.4% year-over-year. Homes sell in an average of 45 days with 141 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 32738 ZIP code a buyer's or seller's market?
ZIP code 32738 is currently a balanced market and homes selling in about 45 days. How we determine this →
What are the latest 32738 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $310,000 |
| Median list price | $319,950 |
| Year-over-year price change | +3.4% |
| Average days on market | 45 days |
| Active inventory | 141 listings |
| Sale-to-list price ratio | 97.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 32738 zip code, located in Deltona, FL, is currently classified as a balanced market. The median sale price stands at $310,000, representing a +3.4% change year over year. Homes in this area spend an average of 45 days on the market before going under contract. There are currently 141 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 32738 sits in the Deltona, FL area, roughly 1.4 miles from downtown Deltona. Because home prices are set street by street, this ZIP can move differently from Deltona's citywide averages. The figures below reflect 32738 specifically — drawn from Redfin transactions, U.S. Census data for its 49,368 residents, and Zillow value estimates.
Homes sold
169
Last 12 weeks
Days on market
45
Average pace
Active listings
141
Sale-to-list
97.9%
Below asking
What is driving the 32738 housing market?
The 32738 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 97.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 32738 have increased +3.4% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 32738 stands at $304,629, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,010 per month. This gives a price-to-rent ratio of approximately 12.6, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 32738?
Population
49,368
Median income
$80,224/yr
Median age
37 years
Owner-occupied
82.2%
College grads
19.3%
Avg commute
45.15 min
What is it like living in 32738?
Zip code 32738 is home to approximately 49,368 residents. The median household income is $80,224 per year, which shapes the types of homes and amenities available in the area. With a median age of 37 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 82.2% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 19.3% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 45.15 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 32738.
Which public schools serve ZIP 32738?
5 schools tracked · 4,122 students
The largest public schools serving ZIP code 32738 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PINE RIDGE HIGH SCHOOL
Grades 9-12 · 1,630 students
HERITAGE MIDDLE SCHOOL
Grades 6-8 · 1,007 students
PRIDE ELEMENTARY SCHOOL
Grades PK-5 · 618 students
SUNRISE ELEMENTARY SCHOOL
Grades PK-5 · 445 students
FRIENDSHIP ELEMENTARY SCHOOL
Grades PK-5 · 422 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 32738
What is the median home price in 32738?
The current median sale price in 32738 is $310,000, based on recent Redfin transaction data. Prices have changed +3.4% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 32738 a buyer's or seller's market?
The 32738 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 32738?
Zip code 32738 has a population of approximately 49,368 residents. The median household income is $80,224 per year. About 82.2% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 32738?
Properties Incorporated provides comprehensive data for 32738 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 32738 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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