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Sarah Mitchell
Compass Real Estate · ZIP 34638
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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34638 ZIP Code Housing Market
$409,990median sale price
What is the 34638 housing market like right now?
The median home sale price in ZIP code 34638 is $409,990, up 1.2% year-over-year. Homes sell in an average of 49 days with 279 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 34638 ZIP code a buyer's or seller's market?
ZIP code 34638 is currently a balanced market and homes selling in about 49 days. How we determine this →
What are the latest 34638 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $409,990 |
| Median list price | $414,990 |
| Year-over-year price change | +1.2% |
| Average days on market | 49 days |
| Active inventory | 279 listings |
| Sale-to-list price ratio | 98.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 34638 zip code, located in Connerton, FL, is currently classified as a balanced market. The median sale price stands at $409,990, representing a +1.2% change year over year. Homes in this area spend an average of 49 days on the market before going under contract. There are currently 279 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 34638 sits in the Connerton, FL area, roughly 4.6 miles from downtown Connerton. Because home prices are set street by street, this ZIP can move differently from Connerton's citywide averages. The figures below reflect 34638 specifically — drawn from Redfin transactions, U.S. Census data for its 37,644 residents, and Zillow value estimates.
Homes sold
278
Last 12 weeks
Days on market
49
Average pace
Active listings
279
Sale-to-list
98.9%
Below asking
Market trends
What is driving the 34638 housing market?
The 34638 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 98.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 34638 have increased +1.2% 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 34638 stands at $425,341, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,308 per month. This gives a price-to-rent ratio of approximately 15.4, 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 34638?
Population
37,644
Median income
$123,899/yr
Median age
38.4 years
Owner-occupied
83.7%
College grads
44.5%
Avg commute
37.76 min
What is it like living in 34638?
Zip code 34638 is home to approximately 37,644 residents. The median household income is $123,899 per year, which shapes the types of homes and amenities available in the area. With a median age of 38.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 83.7% 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 44.5% 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 37.76 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 34638.
Which public schools serve ZIP 34638?
10 schools tracked · 10,658 students
The largest public schools serving ZIP code 34638 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.
LAND O' LAKES HIGH SCHOOL
Grades 9-12 · 2,278 students
SUNLAKE HIGH SCHOOL
Grades 9-12 · 2,192 students
CHARLES S. RUSHE MIDDLE SCHOOL
Grades 6-8 · 1,353 students
BEXLEY ELEMENTARY SCHOOL
Grades PK-5 · 1,262 students
OAKSTEAD ELEMENTARY SCHOOL
Grades PK-5 · 1,093 students
IMAGINE SCHOOL AT LAND O' LAKES
Grades K-8 · 895 students
SANDERS MEMORIAL ELEMENTARY SCHOOL
Grades PK-5 · 861 students
PASCO ESCHOOL-VIRTUAL FRANCHISE
Grades 6-12 · 583 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 34638
What is the median home price in 34638?
The current median sale price in 34638 is $409,990, based on recent Redfin transaction data. Prices have changed +1.2% 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 34638 a buyer's or seller's market?
The 34638 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 34638?
Zip code 34638 has a population of approximately 37,644 residents. The median household income is $123,899 per year. About 83.7% 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 34638?
Properties Incorporated provides comprehensive data for 34638 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 34638 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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