The story of this market
The typical home in ZIP 34688 sells for about $477,100, or $191 per square foot.
Prices are up +2.2% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,429 a month.
ZIP 34688 — Tarpon Springs
The 34688 housing market is currently a buyer's market with approximately 6.3 months of supply. Median home prices have seen a modest year-over-year increase of 2.2%, while the area maintains a high median household income of $112,091. Several metrics, including specific rent data and detailed demographic breakdowns, were not available at the ZIP level and are omitted.
This ZIP is primarily suited for family buyers and established residents seeking a stable residential environment, as evidenced by the high owner-occupancy and income levels.
Median prices moved up 2.2% year over year.
Homes spend a median of 40 days on market with 6.3 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.6% · poverty 6.4% — a stable, low-distress profile.
ZCTA 34688
The area is characterized by low flood risk, with 100% of checked addresses in the ZIP sitting outside the FEMA Special Flood Hazard Area (Zone X).
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
The area benefits from a strong local economy with high median household incomes significantly exceeding the Pinellas County average.
Data sourced from IncomeByZipCode and local market reports; specific ACS census table fields not fully populated in current search results.
- Busch Gardens Tampa Bay4.417.4 mi
- ZooTampa at Lowry Park4.615.5 mi
- Adventure Island4.117.7 mi
- Elev8 Fun4.38.1 mi
- Sky Zone Trampoline Park4.617.4 mi
- Raymond James Stadium4.515.6 mi
- Benchmark International Arena4.619.5 mi
- George M. Steinbrenner Field4.715.2 mi
- Tampa Convention Center4.519.4 mi
- Columbia Restaurant4.619.4 mi
- Honeymoon Island State Park4.710.5 mi
- Citrus Park Town Center4.58 mi
- AMC Veterans 244.511.1 mi
- Tarpon Springs Sponge Docks4.75 mi
- Fred Howard Park4.76.7 mi
- Tarpon Springs Sponge Docks4.75 mi
- Glazer Children's Museum4.518.7 mi
- Museum of Science & Innovation - MOSI3.917.8 mi
- Tampa Theatre4.818.8 mi
- Tampa Museum of Art4.218.7 mi
- Honeymoon Island State Park4.710.5 mi
- Fred Howard Park4.76.7 mi
- Carrollwood Village Park4.810.5 mi
- Philippe Park4.89 mi
- John Chesnut Sr. Park4.83.7 mi
- Turtle Cove Marina4.45.1 mi
- Freedom Boat Club - Tarpon Springs: Island Avenue4.55 mi
- Anclote Village Marina4.76.8 mi
- Port Tarpon Marina4.45.6 mi
- Ozona Fish Camp4.87.9 mi
- TPC Tampa Bay4.19.3 mi
- Fox Hollow Golf Club and Restaurant4.13.4 mi
- The Eagles Golf Club3.93.5 mi
- Copperhead Course4.74.7 mi
- Crescent Oaks Golf Club4.31.5 mi
- Countryside Mall4.59 mi
- Citrus Park Town Center4.58 mi
- Oldsmar Flea Market4.17.4 mi
- Tampa International Airport4.614.5 mi
- St. Pete–Clearwater International Airport4.415.7 mi
- Rightway Parking4.319.3 mi
- Ambassador Limousine4.814.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price diverges 49.5% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $241,000 (49.5% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $241,000 (-49.5% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.