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Sarah Mitchell
Compass Real Estate · ZIP 34786
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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34786 ZIP Code Housing Market
$756,500median sale price
What is the 34786 housing market like right now?
The median home sale price in ZIP code 34786 is $756,500, down 10.5% year-over-year. Homes sell in an average of 37 days with 222 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 34786 ZIP code a buyer's or seller's market?
ZIP code 34786 is currently a balanced market and homes selling in about 37 days. How we determine this →
What are the latest 34786 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $756,500 |
| Median list price | $949,999 |
| Year-over-year price change | -10.5% |
| Average days on market | 37 days |
| Active inventory | 222 listings |
| Sale-to-list price ratio | 96.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 34786 zip code, located in Lake Butler, FL, is currently classified as a balanced market. The median sale price stands at $756,500, representing a -10.5% change year over year. Homes in this area spend an average of 37 days on the market before going under contract. There are currently 222 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 34786 sits in the Lake Butler, FL area, roughly 0 miles from downtown Lake Butler. Because home prices are set street by street, this ZIP can move differently from Lake Butler's citywide averages. The figures below reflect 34786 specifically — drawn from Redfin transactions, U.S. Census data for its 42,358 residents, and Zillow value estimates.
Homes sold
186
Last 12 weeks
Days on market
37
Average pace
Active listings
222
Sale-to-list
96.6%
Below asking
What is driving the 34786 housing market?
The 34786 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 96.6% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 34786 have declined -10.5% 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 34786 stands at $709,505, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,446 per month. This gives a price-to-rent ratio of approximately 24.2, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 34786?
Population
42,358
Median income
$134,214/yr
Median age
38.9 years
Owner-occupied
71.5%
College grads
59.9%
Avg commute
27.68 min
What is it like living in 34786?
Zip code 34786 is home to approximately 42,358 residents. The median household income is $134,214 per year, which shapes the types of homes and amenities available in the area. With a median age of 38.9 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 71.5% 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 59.9% 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 27.68 minutes, which is close to the national average. 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 34786.
Which public schools serve ZIP 34786?
7 schools tracked · 8,546 students
The largest public schools serving ZIP code 34786 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.
WINDERMERE HIGH
Grades 8-12 · 3,156 students
HORIZON WEST MIDDLE
Grades 6-8 · 1,345 students
GOTHA MIDDLE
Grades 6-8 · 1,028 students
KEENES CROSSING ELEMENTARY
Grades PK-5 · 1,014 students
SUNSET PARK ELEMENTARY
Grades K-5 · 759 students
BAY LAKE ELEMENTARY
Grades K-5 · 682 students
WINDERMERE ELEMENTARY
Grades K-5 · 562 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 34786
What is the median home price in 34786?
The current median sale price in 34786 is $756,500, based on recent Redfin transaction data. Prices have changed -10.5% 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 34786 a buyer's or seller's market?
The 34786 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 34786?
Zip code 34786 has a population of approximately 42,358 residents. The median household income is $134,214 per year. About 71.5% 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 34786?
Properties Incorporated provides comprehensive data for 34786 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 34786 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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