What Land O' Lakes Homes Under $400K Look Like Right Now
Last updated: October 2026
The 208 listings in this band make up 42% of the 501 residential listings Hometrino tracked across the three Land O' Lakes ZIP codes. So this is not a thin slice of the market. More than two in five of the homes we tracked land here.
Here is how the band breaks down by home type.
| Home type (October 2026) | Listings | Median ask | Quick note |
|---|---|---|---|
| Single-family | 108 | $355,000 | $200/sq ft; 1,742 sq ft; 3 beds; built 2006 (medians) |
| Townhomes | 86 | $307,000 | 66 of 86 are in 34638; 22 are new |
| Condos | 14 | $264,700 (the 13 units in one complex) | 13 are in one 2003-04 complex on Dali Ave / Picasso Ct (34637) |
Source: Hometrino listings and Pasco Property Appraiser parcel data, October 2026. Band is $200,000-$399,999. Counts leave out age-restricted communities.
Single-Family Homes by ZIP
Prices are fairly close across the three ZIPs. The bigger difference is age. Homes in 34637 tend to be much newer, while 34639 leans older.
| ZIP | Single-family listings | Median ask | Median year built |
|---|---|---|---|
| 34637 | 16 | $371,950 | 2019 |
| 34638 | 50 | $350,000 | 2007 |
| 34639 | 42 | $359,450 | 2000-01 |
Source: Hometrino listings, October 2026.
Of the 108 single-family homes, 17 are new builds (2025 or later), 21 were built before 2000, and 4 have pools on Property Appraiser records. If new construction is your focus, our Land O' Lakes new homes page covers builders, CDD bills and first-year taxes.
Space is the tight spot. Only 30 of the 108 have 3+ bedrooms and 2,000+ square feet, so if you need both, build your shortlist early.
One more signal: 91 of the 208 listings carry a homestead exemption on Property Appraiser records.
Townhomes and Condos
If a single-family home feels like a stretch, townhomes are where much of the affordable inventory in Land O' Lakes sits. The plats with the most townhome listings are Salem Townhomes (15), the Angeline phases covered on our Angeline homes page (15), Cypress Preserve (14), Connerton (13), Oakstead (6) and Townes at Lake Thomas (5). The rest are spread across other plats.
Condos are a small group. Of the 14 listed, 13 are in a single complex on Dali Ave / Picasso Ct in 34637, built in 2003-04.
Two Different Markets Under $400K
This price band really holds two kinds of homes. Knowing which one you are looking at changes your monthly cost.
Older Homes, Mostly Without a CDD
There are 21 single-family homes built before 2000 in the band, with a median ask of $339,900. Of those 21, 19 show no CDD on Property Appraiser records. They are in older areas such as Lake Padgett, Penny Loop and George Rd.
The lowest-priced single-family homes in the band are all in this group:
- 24825 George Rd (built 1960): $230,000
- 22795 Penny Loop (built 1984): $249,900
- 22791 Penny Loop (built 1983): $278,000
Older homes can mean a lower yearly bill, but plan for an inspection that looks closely at the roof, systems and any updates.
Newer Homes in CDD Communities
Newer homes in this band cluster in communities with a CDD, including Connerton, Angeline, Deerbrook and Salem/Westwood. CDD bills here run from $1,238.83 (a Connerton East townhome) to $3,805.79 (a Deerbrook 50' lot). Our Connerton homes page breaks down the Connerton West and East CDDs.
That is a real line item. On a $350,000 home, Hometrino's tax model puts ad valorem taxes at $5,164. A CDD can add about 24%-74% on top of that ($1,238.83 / $5,164 = 24%; $3,805.79 / $5,164 = 74%).
A Blank CDD Field Does Not Mean No CDD
The Property Appraiser CDD field is blank ("N/A") on 63 of the 108 single-family homes in this band. That includes newer plats that do have CDDs. Treat a blank field as "unknown," not zero, and confirm the CDD amount for each address before you write an offer.
What Taxes and CDD Fees Add at $300K, $350K and $399K
Here is Hometrino's model for three price points. It covers property tax plus CDD only, before HOA dues, insurance and mortgage, and it assumes a homestead exemption. The CDD column shows a range because some homes have no CDD and others do.
| Price | Ad valorem (model) | + CDD (if any) |
|---|---|---|
| $300,000 | $4,329 | $0 to about $2,265 (Westwood townhome) |
| $350,000 | $5,164 | $0 to about $3,805 |
| $399,000 | $5,982 | $0 to about $3,805 |
Source: Hometrino model using the 2026 Pasco UF millage of 16.6966 with homestead, October 2026. Property tax plus CDD only, before HOA dues, insurance and mortgage. These are model figures, not tax bills. CDD amounts from the Connerton, Angeline and new-construction CDD charts.
If you are shopping for Land O' Lakes homes around $300K, the gap between "no CDD" and "about $2,265" is worth putting into your monthly budget before you fall for a floor plan. If a home also has HOA dues, confirm the amount with the association or an estoppel letter.
Where Sellers May Have Room to Negotiate
Hometrino compared each resale listing's asking price with the last deed price on Property Appraiser records. New builds were left out, and only listings where the ask was 0.6x to 2.5x the deed price were counted. That left 117 listings, with a median gain of +5.9%.
The table below shows the purchase years with the most listings.
| Year bought | Listings | Median ask vs. purchase price |
|---|---|---|
| 2017 | 7 | +66.7% |
| 2018 | 4 | +52.8% |
| 2019 | 7 | +45.3% |
| 2020 | 8 | +35.6% |
| 2021 | 12 | +11.3% |
| 2022 | 13 | -10.1% |
| 2023 | 21 | -2.5% |
| 2024 | 18 | -1.5% |
| 2026 | 7 | +1.6% |
Source: Pasco Property Appraiser last deed vs. Hometrino asking price, October 2026. These rows cover 97 of the 117 listings. The other 20 are spread thinly across purchase years 2002-2016 (19) and 2025 (1), so those years are not shown.
The pattern is clear. Owners who bought in 2022-24 (52 listings) are asking at or below what they paid. That points to negotiating room in this band, especially on 2022-built townhomes in Connerton Parcel 219. For example, 21851 Lyonia Ln was bought for $297,000 in Nov 2022 and is asking $255,000.
Sellers in this spot may be more open to a fair offer, a closing cost credit or a repair request. Owners who bought in 2017-2020 are asking well above what they paid, so expect less give on price there.
Flood Zones on Property Appraiser Records
The Property Appraiser FEMA field for all 208 listings shows Zone X on 111, Multiple Zones on 21 and Zone A on 1. Another 75 are not mapped or blank, mostly new plats and condos. Flood zones can change and can vary within one property, so check the zone and insurance quote for each address.
How to Shop This Price Range
- Decide early: older home with no CDD, or newer home with a CDD bill.
- Ask for the CDD amount by address. A blank Property Appraiser field is not proof of zero.
- Look at when the seller bought. A 2022-24 purchase may mean more room to talk.
- If you need 3+ bedrooms and 2,000+ square feet, move quickly on the few that fit.
For a wider look at the area, see our Land O' Lakes homes for sale guide. You can also browse current listings above.
FAQ: Land O' Lakes Homes Under $400K
How many homes under $400K are for sale in Land O' Lakes?
In Hometrino's October 2026 listing check, we tracked 208 listings priced from $200,000 to $399,999 in ZIPs 34637, 34638 and 34639. That includes 108 single-family homes, 86 townhomes and 14 condos. Together they make up 42% of the 501 residential listings we tracked in those ZIPs.
What is the median price of a single-family home in this band?
The median ask for single-family homes priced $200,000 to $399,999 was $355,000 in Hometrino's October 2026 snapshot. The medians were $200 per square foot, 1,742 square feet, 3 bedrooms and a 2006 build year. ZIP 34637 had the highest median at $371,950.
Do homes under $400K in Land O' Lakes have CDD fees?
Many newer ones do. Connerton, Angeline, Deerbrook and Salem/Westwood have CDDs, with bills from $1,238.83 to $3,805.79. Older homes often do not: 19 of 21 pre-2000 single-family homes show no CDD on Property Appraiser records. A blank CDD field does not mean zero, so confirm by address.
What are the property taxes on a $300,000 home?
Hometrino's tax model, assuming a homestead exemption, puts ad valorem taxes at $4,329 on a $300,000 home. A CDD can add $0 to about $2,265 at that price. The model shows $5,164 at $350,000 and $5,982 at $399,000. These are model figures, not actual tax bills.
Is there room to negotiate on homes under $400K?
Possibly. The 52 listings whose owners bought in 2022-24 are asking at or below what they paid. That points to negotiating room, especially on 2022-built townhomes in Connerton Parcel 219. For example, 21851 Lyonia Ln was bought for $297,000 in Nov 2022 and is asking $255,000.
What are the lowest-priced single-family homes in this range?
In Hometrino's October 2026 snapshot, the lowest-priced single-family home in the band was 24825 George Rd, built in 1960, at $230,000. Next were 22795 Penny Loop (1984) at $249,900 and 22791 Penny Loop (1983) at $278,000. All three are older homes outside the newer CDD communities.
Want a hand comparing homes here, CDD bills included? Call or text Hometrino at (305) 331-0889.
Sources: Hometrino listings and Pasco Property Appraiser parcel, deed, homestead and FEMA flood fields (October 2026); Hometrino tax model using the 2026 Pasco UF millage; Connerton, Angeline, Deerbrook and Westwood of Pasco CDD charts.
