How much is a home worth in ZIP code 34994?

The typical home in 34994 is worth $236,671, based on the Zillow Home Value Index.

Are home values rising in 34994?

Home values in 34994 are down 7.6% over the past year, and up 4.5% a year over five years.

What is the typical rent in 34994?

A typical home in 34994 rents for about $2,195 a month, a gross rental yield of 11.1%.

What is the property tax rate in 34994?

The effective property tax rate in 34994 is 0.7% — roughly $1,647 a year on a typical home.

ZIP code 34994 has a population of 18,737 and a median household income of $62,533.

HousingHandbookReference data

…

U.S. ZIP Code · FL34994

Martin County · Port St. Lucie, FL

Typical home value

$236,671^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -7.6%
5-year / yr: +4.5%
10-year / yr: +6.8%

Relative price

vs U.S.: -16.7%
vs metro: -38.2%
vs state: -31.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 34994 is worth $236,671 — 38.2% below the Port St. Lucie, FL median. Over the past year, values have fallen 7.6%. Homes here rent for a typical $2,195 a month — a 11.1% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,195^[2]
Gross yield: 11.1%^[2]
Cap rate: 6.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,647^[3]

#Climate risk

FEMA National Risk Index ratings for Martin County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Relatively Moderate
Wildfire: Relatively Moderate
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Very High
Tornado: Relatively Moderate
Earthquake: Very Low
Winter weather: No Rating

#Who lives here

Population: 18,737^[3]
Median household income: $62,533^[3]

#Migration

Household moves in and out of Martin County over a year, from IRS tax-return data.

Net migration: +584^[5]
Moved in: 6,258
Moved out: 5,674

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 2
Middle: 1
High: 5

MARTIN COUNTY HIGH SCHOOL
High · Grades 9–12 · MARTIN
2,122 students
STUART MIDDLE SCHOOL
Middle · Grades 6–8 · MARTIN
823 students
FELIX A WILLIAMS ELEMENTARY SCHOOL
Elementary · Grades PK–5 · MARTIN
512 students
SPECTRUM ACADEMY
High · Grades 6–12 · MARTIN
136 students
THE HOPE CHARTER CENTER FOR AUTISM
Elementary · Grades PK–8 · MARTIN
92 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield11.1%

Net yield (after ~40% expenses)6.7%

Annual rent$26,335

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,197

Loan principal$189,337

Down payment$47,334

Total interest paid$241,489

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.70

Monthly cost to own$1,532

Monthly rent$2,195

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 10th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 14th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 34994?: The typical home in 34994 is worth $236,671, based on the Zillow Home Value Index.
Are home values rising in 34994?: Home values in 34994 are down 7.6% over the past year, and up 4.5% a year over five years.
What is the typical rent in 34994?: A typical home in 34994 rents for about $2,195 a month, a gross rental yield of 11.1%.
What is the property tax rate in 34994?: The effective property tax rate in 34994 is 0.7% — roughly $1,647 a year on a typical home.
Who lives in 34994?: ZIP code 34994 has a population of 18,737 and a median household income of $62,533.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

34946 vs 34994 →
Fort Pierce North CDP, FL
Typical home
$253,872
Gross yield
—
34982 vs 34994 →
Fort Pierce, FL
Typical home
$257,591
Gross yield
8.5%
34950
Fort Pierce, FL
Typical home
$191,614
Gross yield
10.0%
34947
Fort Pierce, FL
Typical home
$282,396
Gross yield
8.0%
34951
Lakewood Park CDP, FL
Typical home
$299,637
Gross yield
8.7%
34956
Indiantown, FL
Typical home
$313,693
Gross yield
—

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#Jump to section

U.S. ZIP Code · FL34994

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