Tarpon Springs 34688

Pinellas County, FL · 7,674 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

49affordability /100

Buyer leverage is buyer advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
30.8%
stretched
Days on market
66
daily
Price cuts
34.0%
of active
Valuation
-12%
vs assessor
Look up an address
50
/100
Mixed
cooling · buyer advantage · prices easing year-over-year.
Supply / demand
40
Price trend
35
Affordability
65
Valuation
70
Economic health
49

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

57/ 100SellerBalancedBuyer
Balanced Market
DOM: 57d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)25
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)75
Days on Market (5%)60

Balanced market in 34688. List price is roughly fair — focus on condition and value. Payment burden: 30.8% of median income. Median days on market: 57. Renting is approximately 63% cheaper than buying (price-to-rent ratio: 19.6).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGBUYER ADVANTAGE

Market is cooling with expanding inventory. Buyers have strong negotiating leverage. Prices down 1.8% YoY.

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Market snapshoteach number, once

Median price
$564,531
▾ 1.8% YoY
Days on market
66
daily · zip_data
Median rent
$2,400
ZORI
Investor score
47/100
cash-flow lens
Active listings
71
90-day

Valuation3 lenses, different anchors

vs assessor
-12.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$496,528
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+70.3%
County-wide market — the widest, slowest signal.
Pinellas+70.3%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$137
Price-to-income5.1×

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How 34688 ranks in FL
percentile vs all Florida ZIPs · n=1098
Market velocity51%
Supply tightness58%
Affordability43%
Investment yield22%
Appreciation50%

Affordability, supply & momentum

20SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply17.4 mo
Days on Market66d
Inv vs History-6.3%
Listing Density20.8/1k
Affordability — payment burden
Monthly payment (P&I)$2,852
Payment burden30.8%
Median income · ZIP$111,090
Mortgage rate6.49% · 30yr
Total monthly own$3,416
Monthly rent$2,400
Market dynamics
Price cut %34.0%
Momentumcooling
LeverageBUYER ADVANTAGE
Months of supply17.4
Sales (90d)3
Investment analysis
Median rent$2,400
Price-to-rent19.6
Est. cap rate3.3%
Buy vs rentneutral

Livability

Walk score1
Transit score
Bike score

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Pinellas County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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