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Sarah Mitchell
Compass Real Estate · ZIP 34120
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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34120 ZIP Code Housing Market
$580,000median sale price
What is the 34120 housing market like right now?
The median home sale price in ZIP code 34120 is $580,000, up 1.6% year-over-year. Homes sell in an average of 75 days with 522 active listings. The market is currently a buyer's 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 34120 ZIP code a buyer's or seller's market?
ZIP code 34120 is currently a buyer's market and homes selling in about 75 days. How we determine this →
What are the latest 34120 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $580,000 |
| Median list price | $645,500 |
| Year-over-year price change | +1.6% |
| Average days on market | 75 days |
| Active inventory | 522 listings |
| Sale-to-list price ratio | 95.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
The 34120 zip code, located in Orangetree, FL, is currently classified as a buyer's market. The median sale price stands at $580,000, representing a +1.6% change year over year. Homes in this area spend an average of 75 days on the market before going under contract. There are currently 522 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 34120 sits in the Orangetree, FL area, roughly 1.4 miles from downtown Orangetree. Because home prices are set street by street, this ZIP can move differently from Orangetree's citywide averages. The figures below reflect 34120 specifically — drawn from Redfin transactions, U.S. Census data for its 42,345 residents, and Zillow value estimates.
Homes sold
328
Last 12 weeks
Days on market
75
Average pace
Active listings
522
Sale-to-list
95.8%
Below asking
What is driving the 34120 housing market?
The 34120 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 95.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 34120 have increased +1.6% 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 34120 stands at $550,678, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $3,008 per month. This gives a price-to-rent ratio of approximately 15.3, 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 34120?
Population
42,345
Median income
$93,861/yr
Median age
44.9 years
Owner-occupied
90.6%
College grads
32.3%
Avg commute
40.31 min
What is it like living in 34120?
Zip code 34120 is home to approximately 42,345 residents. The median household income is $93,861 per year, which shapes the types of homes and amenities available in the area. With a median age of 44.9 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 90.6% 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 32.3% 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 40.31 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 34120.
Which public schools serve ZIP 34120?
9 schools tracked · 7,838 students
The largest public schools serving ZIP code 34120 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.
PALMETTO RIDGE HIGH SCHOOL
Grades 9-12 · 2,035 students
CORKSCREW MIDDLE SCHOOL
Grades 6-8 · 990 students
ESTATES ELEMENTARY SCHOOL
Grades PK-5 · 915 students
CORKSCREW ELEMENTARY SCHOOL
Grades PK-5 · 900 students
CYPRESS PALM MIDDLE SCHOOL
Grades 6-8 · 828 students
BIG CYPRESS ELEMENTARY SCHOOL
Grades PK-5 · 765 students
SABAL PALM ELEMENTARY SCHOOL
Grades PK-5 · 738 students
COLLIER CHARTER ACADEMY
Grades K-8 · 580 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 34120
What is the median home price in 34120?
The current median sale price in 34120 is $580,000, based on recent Redfin transaction data. Prices have changed +1.6% 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 34120 a buyer's or seller's market?
The 34120 zip code is currently classified as a buyer's 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 34120?
Zip code 34120 has a population of approximately 42,345 residents. The median household income is $93,861 per year. About 90.6% 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 34120?
Properties Incorporated provides comprehensive data for 34120 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 34120 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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