ZIP 34797

34797 is one of 24 ZIP codes that lie mostly in Lake County, FL.

Shaded by typical home value, it ranks 11 of the 23 with a value.

In January 2000 the typical home in 34797 was worth $128,582.

Values peaked at $355,992 in February 2025. The latest reading is −3.2% from that peak.

As of August 2026: $344,658, −2.1% over twelve months.

Start with the typical home: $344,658. Put 20% down and borrow $275,726 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,909 a month in principal and interest.

The median household here earns $127,616 a year, $10,635 a month. So the payment takes 18.0% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 6.7% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $770.

In December 2020, with rates at 2.68%, it was $816.

By August 2026, at 6.67%, it was $1,773 — +117% since December 2020, while the home's value moved +37%.

Reported values rose +168% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $253,770. So the real change is +36%, not +168%.

34797: +168% since January 2000.

Lake County: +192% since January 2000.

Florida: +245% since January 2000 — 34797 ran behind it by 77 points.

Owning the typical home costs about $2,254 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,586 a month.

Price divided by a year's rent: 18.1. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 6 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 29.

Going out — closed sales: about 3 a month. The drain is drawn 65% narrower: the share of homes for sale that sell each month is 35% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 10.9 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 3 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 3 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 4 — so sales ran at 75% of it, and below it in 17 of the last 24 months.

Across Lake County, builders pulled permits for 5,342 new homes in 2025.

Of those, 75% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Lake County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 9,955 moved in. Among the ten receiving the most, 6,695 moved out.

Net across those counties: +3,260 households. Beside it, homes for sale in this ZIP: 29 in June 2026.

Most arrivals came from Orange, FL (4,390 households); most departures went to Orange, FL (2,145).