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Sarah Mitchell
Compass Real Estate · ZIP 34116
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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34116 ZIP Code Housing Market
$450,000median sale price
What is the 34116 housing market like right now?
The median home sale price in ZIP code 34116 is $450,000, down 3.7% year-over-year. Homes sell in an average of 43 days with 72 active listings. The market is currently a leaning buyer's. (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 34116 ZIP code a buyer's or seller's market?
ZIP code 34116 is currently a leaning buyer's and homes selling in about 43 days. How we determine this →
What are the latest 34116 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $450,000 |
| Median list price | $495,000 |
| Year-over-year price change | -3.7% |
| Average days on market | 43 days |
| Active inventory | 72 listings |
| Sale-to-list price ratio | 95.9% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 34116 zip code, located in Golden Gate, FL, is currently classified as a leaning buyer's. The median sale price stands at $450,000, representing a -3.7% change year over year. Homes in this area spend an average of 43 days on the market before going under contract. There are currently 72 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 34116 sits in the Golden Gate, FL area, roughly 0.6 miles from downtown Golden Gate. Because home prices are set street by street, this ZIP can move differently from Golden Gate's citywide averages. The figures below reflect 34116 specifically — drawn from Redfin transactions, U.S. Census data for its 35,591 residents, and Zillow value estimates.
Homes sold
61
Last 12 weeks
Days on market
43
Average pace
Active listings
72
Sale-to-list
95.9%
Below asking
Market trends
What is driving the 34116 housing market?
The 34116 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 95.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 34116 have declined -3.7% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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 34116 stands at $451,871, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,191 per month. This gives a price-to-rent ratio of approximately 17.2, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 34116?
Population
35,591
Median income
$73,958/yr
Median age
36.3 years
Owner-occupied
57.5%
College grads
16.9%
Avg commute
37.94 min
What is it like living in 34116?
Zip code 34116 is home to approximately 35,591 residents. The median household income is $73,958 per year, which shapes the types of homes and amenities available in the area. With a median age of 36.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 57.5% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 16.9% 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 37.94 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 34116.
Which public schools serve ZIP 34116?
9 schools tracked · 5,398 students
The largest public schools serving ZIP code 34116 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.
GOLDEN GATE HIGH SCHOOL
Grades 9-12 · 1,886 students
GOLDEN GATE MIDDLE SCHOOL
Grades 6-8 · 999 students
MIKE DAVIS ELEMENTARY SCHOOL
Grades PK-5 · 583 students
GOLDEN GATE ELEMENTARY SCHOOL
Grades PK-5 · 523 students
GOLDEN TERRACE ELEMENTARY SCHOOL
Grades PK-5 · 480 students
LAVERN GAYNOR ELEMENTARY
Grades PK-5 · 332 students
HERBERT CAMBRIDGE ELEMENTARY SCHOOL
Grades PK-5 · 288 students
BRIDGEPREP ACADEMY COLLIER
Grades K-8 · 279 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 34116
What is the median home price in 34116?
The current median sale price in 34116 is $450,000, based on recent Redfin transaction data. Prices have changed -3.7% 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 34116 a buyer's or seller's market?
The 34116 zip code is currently classified as a leaning buyer's. 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 34116?
Zip code 34116 has a population of approximately 35,591 residents. The median household income is $73,958 per year. About 57.5% 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 34116?
Properties Incorporated provides comprehensive data for 34116 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 34116 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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