In October 2026, the median home sale price in Sarasota (34240), FL was $875,000, with homes selling in an average of 89 days — slower than the 87-day average last year, suggesting buyers have more negotiating room. A total of 649 homes sold in this period, up from 590 last year — a sign of an active market.
The median list price of condos/co-ops in Sarasota (34240), FL, was $382,500 in October 2026, compared to $502,745 in October 2025.
Sarasota (34240), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Sarasota (34240), FL, was $650,000 in October 2026, compared to $740,000 in October 2025.
Sarasota (34240), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Sarasota (34240), FL, was $575,000 in October 2026, compared to $0 in October 2025.
Sarasota (34240), FL Housing Market Analysis
There are currently 183 homes listed for sale in Sarasota (34240), FL, a decrease of 1.08% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,133,123 (down 6.17% year-over-year), and the average price per square foot is $329 compared to $368 in 2025. Properties spend an average of 90 days on the market before going under contract.