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Real Estate Market Trends and Analytics in Sarasota (34231), FL

In August 2026, the median home sale price in Sarasota (34231), FL was $399,000, with homes selling in an average of 90 days — slower than the 73-day average last year, suggesting buyers have more negotiating room. A total of 628 homes sold in this period, up from 594 last year — a sign of an active market.
View all properties for sale in Sarasota (34231), FL

Sarasota (34231), FL Market Trend

Median List Price
The median list price of Sarasota (34231), FL, was $468,000 in August 2026, compared to $399,000 in August 2025.

Sarasota (34231), FL Market Trend for Houses

Median List Price
The median list price of houses in Sarasota (34231), FL, was $525,000 in August 2026, compared to $492,000 in August 2025.

Sarasota (34231), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Sarasota (34231), FL, was $305,000 in August 2026, compared to $250,000 in August 2025.

Sarasota (34231), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Sarasota (34231), FL, was $500,000 in August 2026, compared to $207,450 in August 2025.

Sarasota (34231), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Sarasota (34231), FL, was $356,300 in August 2026, compared to $249,000 in August 2025.

Sarasota (34231), FL Housing Market Analysis

There are currently 291 homes listed for sale in Sarasota (34231), FL, an increase of 32.88% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $918,816 (up 32.69% year-over-year), and the average price per square foot is $310 compared to $282 in 2025. Properties spend an average of 145 days on the market before going under contract.
291
for sale
197
for rent
631
sold
Median Price
$468K
Median SQFT Price
$310
SF Range
442 - 10,697 SF
Beds
1 - 10
Avg. Dom
145 days
Year Built
1949 - 2027
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $337K
Median Monthly Mortgage $2K/mo
Median Rent $1K/mo
Homeownership Rate 65.6%
Cost Burden 24.4%

Foreclosure Risk Score

21/100 MODERATE
30-Year Mortgage Rate 6.58%
Local Unemployment 3.9%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Sarasota (34231), FL

New
For Sale
$1,075,000
Multi-family
8 bds · 3,172 sqft
ORANGE CREST PARK, SARASOTA
2047 & 2051 FIESTA DRIVE
New
For Sale
$3,100,000
House
3 bds · 3 ba · 3,307 sqft
OYSTER BAY/KENTWOOD ESTATES, SARASOTA
1556 EASTBROOK DRIVE
New
For Sale
$347,000
House
2 bds · 2 ba · 1,041 sqft
SHADOW LAKES, SARASOTA
3472 QUEENS STREET
New
For Sale
$575,000
House
3 bds · 1 ba · 1,719 sqft
GULF GATE, SARASOTA
2404 BISPHAM ROAD
New
For Sale
$365,000
House
2 bds · 2 ba · 1,136 sqft
HIGH ACRES, SARASOTA
2101 JO AN DRIVE
New
For Sale
$844,900
House
3 bds · 2 ba · 2,298 sqft
RIDGEWOOD, SARASOTA
4524 RIVERWOOD AVENUE
New
For Sale
$434,900
House
2 bds · 2 ba · 1,503 sqft
GULF GATE UNIT 6, SARASOTA
2711 GULF GATE DRIVE
For Sale
$440,000
House
3 bds · 2 ba · 1,133 sqft
BREEZEWOOD ACRES, SARASOTA
2136 BRUECKNER DRIVE

Market Trends nearby