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Sarah Mitchell
Compass Real Estate · ZIP 34996
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34996 ZIP Code Housing Market
$157,000median sale price
What is the 34996 housing market like right now?
The median home sale price in ZIP code 34996 is $157,000, down 35.1% year-over-year. Homes sell in an average of 106 days with 113 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 34996 ZIP code a buyer's or seller's market?
ZIP code 34996 is currently a buyer's market and homes selling in about 106 days. How we determine this →
What are the latest 34996 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $157,000 |
| Median list price | $395,000 |
| Year-over-year price change | -35.1% |
| Average days on market | 106 days |
| Active inventory | 113 listings |
| Sale-to-list price ratio | 94.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
The 34996 zip code, located in Sewall's Point, FL, is currently classified as a buyer's market. The median sale price stands at $157,000, representing a -35.1% change year over year. Homes in this area spend an average of 106 days on the market before going under contract. There are currently 113 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 34996 sits in the Sewall's Point, FL area, roughly 0.5 miles from downtown Sewall's Point. Because home prices are set street by street, this ZIP can move differently from Sewall's Point's citywide averages. The figures below reflect 34996 specifically — drawn from Redfin transactions, U.S. Census data for its 10,653 residents, and Zillow value estimates.
Homes sold
82
Last 12 weeks
Days on market
106
Average pace
Active listings
113
Sale-to-list
94.2%
Below asking
Market trends
What is driving the 34996 housing market?
The 34996 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 94.2% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 34996 have declined -35.1% 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 34996 stands at $432,164, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $3,042 per month. This gives a price-to-rent ratio of approximately 11.8, 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 34996?
Population
10,653
Median income
$83,929/yr
Median age
64.4 years
Owner-occupied
84.0%
College grads
46.8%
Avg commute
13.01 min
What is it like living in 34996?
Zip code 34996 is home to approximately 10,653 residents. The median household income is $83,929 per year, which shapes the types of homes and amenities available in the area. With a median age of 64.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 84.0% 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 46.8% 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 13.01 minutes, which is shorter than the national average and suggests good proximity to employment centers. 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 34996.
Which public schools serve ZIP 34996?
1 schools tracked · 513 students
The largest public schools serving ZIP code 34996 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.
J. D. PARKER SCHOOL OF TECHNOLOGY
Grades PK-5 · 513 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 34996
What is the median home price in 34996?
The current median sale price in 34996 is $157,000, based on recent Redfin transaction data. Prices have changed -35.1% 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 34996 a buyer's or seller's market?
The 34996 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 34996?
Zip code 34996 has a population of approximately 10,653 residents. The median household income is $83,929 per year. About 84.0% 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 34996?
Properties Incorporated provides comprehensive data for 34996 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 34996 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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