34788 Housing Market Report May 2025•Lake County, Florida

hero building illustration for mobile

Housing Prices in 34788, FL

How much do homes in 34788, FL cost?

Housing Market Conditions

Is 34788, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

34788 is a Seller's Market

Difference Since May 2024

Since last year, 34788 has remained a Seller's Market.

Insight

34788 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$311,500$180/SqFt
+$1,500
0.5%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in 34788 has remained the same since last year.

Summary: The median home sold price in 34788 was $311,500 in May 2025, up 0.5% from last year, and the median price per square foot was $180.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
32735
+18.4%
32159
+8.6%
32778
+8.5%
32726
+1.7%
34788
0.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$72K-
N/A
2$203.5K$200K
-1.7%
3$315K$317.5K
+0.8%
4$357.2K$360K
+0.8%
5$381.2K$382K
0.2%

Summary: 34788 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -1.7%. The home price for 3 bedroom homes increased by +0.8%. The home price for 4 bedroom homes increased by +0.8%. The home price for 5 bedroom homes increased by 0.2%.

How does 34788, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

34788, FL

Housing supply in 34788, FL

How many homes are available in 34788, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
129Last MonthMay 2025
1382 months agoApr 2025
-6.5 %
Change MoMApr – May

Summary: The 34788 real estate market had 129 homes for sale in May 2025, a 6.5 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
25Last MonthMay 2025
342 months agoApr 2025
-26.5 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
23227
-15.6%
37267
-6.9%
42526
+4.0%
599
0.0%

Summary: 34788 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -15.6%. The inventory for 3 bedroom homes decreased by -6.9%. The inventory for 4 bedroom homes increased by +4.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 34788, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price4 Homes

Under Asking Price19 Homes

Insight

If you're buying a home in 34788, you may be able to get a good deal. 76% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 34788 in May 2025, down by 26.5% month-over-month. Of the 25 sold homes, 76% were sold under asking, 16% were sold at asking, and and 8% were sold over asking.

Days on Market for 34788, FL

How long does it take to sell a home in 34788, FL?

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days12 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in 34788 has remained consistent over time.

Summary: During May 2025, 25 homes were sold in 34788; 44% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
45 DaysThis YearMay 2025
42 Days1 year agoMay 2024
+6.4 %
Change YoYMay 2024 – May 2025

Summary: Homes in 34788 had an average listing age of 45 days in May 2025, up by 6.4% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in 34788, FL

What homes are available in 34788, FL?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Florida

MLS Disclaimers and Copyright

Based on information from Stellar MLS, Beaches MLS, and Daytona Beach MLS for the period 06/01/2023 - 06/01/2025

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:49:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXIDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright 2025 Daytona Beach Area Association of REALTORS Multiple Listing Services. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.