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Pelican Bay CDP, FL

ZIP 34108 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 34108

Median Home Value
$972,400
Median Rent
$1,861
Affordability Snapshot
$268,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,246/mo PITI).

19%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

43.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 34108 in Pelican Bay CDP, FL, a household would need roughly $268,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $6,246. That is about 123% above the local median household income ($120,187), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 44% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
85.6%+31% vs US avg
x
Vacancy Rate
44.4%+331% vs US avg
x
Broadband Access
94.5%+9% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
1.7%-76% vs US avg
x
Rent Burden >30%
19.1%-61% vs US avg
x
Mortgage-Free
68.2%+78% vs US avg
x
$972,400
Home Value
$1,861
Rent
1990
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached34.8%
  • 1-unit attached8.2%
  • 2-9 units15.1%
  • 10+ units41.8%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$972,400
Median rent$1,861
Owner-occupied85.6%
Vacant44.4%
Price-to-income8.1x
Est. income to buy$268,000