Land O Lakes, FL—34639
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Land O Lakes, FL
As of Oct '25, the median home price in Land O Lakes, FL is $406,000, with a year-over-year change of -4.8%. This indicates that home prices in Land O Lakes, FL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $406,000 | -4.8% |
| Single Family | $408,000 | -4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $246,000 | -8.2% |
3 Bed | $363,000 | -5.0% |
4 Bed | $472,000 | -4.5% |
| 5 Bed | $597,000 | -3.7% |
% of Housing Stock
Rental Trends — Land O Lakes, FL
As of July '25, Rentcast reports the average rent in Land O Lakes, FL is $2,370, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in Land O Lakes, FL is 1-bedrooms: $1,630, 2-bedrooms: $1,820, 3-bedrooms: $2,280, 4-bedrooms: $2,650. The most common rental property sizes in Land O Lakes, FL are 2-bedroom and 3-bedroom, accounting for 33.1% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,370 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,640 | $1,630 |
| 2 Bed Rent | $1,750 | $1,820 |
| 3 Bed Rent | $2,230 | $2,280 |
| 4 Bed Rent | $2,520 | $2,650 |
% of Rental Stock
Property Listings — Land O Lakes, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Land O Lakes, FL is 69. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | 2.0% |
Listing Count | 125 | -3.0% |
| Listings as % of Homes | 0.6% | -3.0% |
Days on Market | 69 | 14.0% |
Demographics — Land O Lakes, FL
As of the latest ACS Survey released in 2023, Land O Lakes, FL has a population of 31,100, which has increased by 13.1% over the past 5 years. Land O Lakes, FL is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 36.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,100 | 13.1% |
% Under 18 | 24.0% | 4.3% |
% Seniors | 17.8% | 25.4% |
% WFH | 18.8% | 100.0% |
% w/ College Degree | 36.9% | -0.3% |
As of the latest ACS Survey released in 2023, Land O Lakes, FL is a predominantly white area, with 66.3% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Land O Lakes, FL is hispanic, making up 19.5% of the population. Foreign-born residents account for 12.5% of the population in Land O Lakes, FL, and this percentage has increased by 34.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.3% | -6.9% |
% Black | 6.1% | 24.5% |
% Hispanic | 19.5% | 16.1% |
% Asian | 2.5% | -44.4% |
% Foreign Born | 12.5% | 34.4% |
Mortgage and Risk — Land O Lakes, FL
According to HUD data as of 2023, there were 731 mortgage originations in Land O Lakes, FL, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Land O Lakes, FL. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 731 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Land O Lakes, FL
As of 2024, the percent of homes in Land O Lakes, FL under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Land O Lakes, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,640 | $2,100 |
| 2 Bedroom | $710 | $1,750 | $2,460 |
| 3 Bedroom | $920 | $2,230 | $3,150 |
| 4 Bedroom | $1,310 | $2,520 | $3,830 |
Affordability — Land O Lakes, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $406,000 |
| Median Household Income | $100,000 |