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Real Estate Market Trends and Analytics in Sarasota (34242), FL

In August 2026, the median home sale price in Sarasota (34242), FL was $975,855, with homes selling in an average of 124 days — slower than the 89-day average last year, suggesting buyers have more negotiating room. A total of 517 homes sold in this period, up from 370 last year — a sign of an active market.
View all properties for sale in Sarasota (34242), FL

Sarasota (34242), FL Market Trend

Median List Price
The median list price of Sarasota (34242), FL, was $1,212,000 in August 2026, compared to $962,500 in August 2025.

Sarasota (34242), FL Market Trend for Houses

Median List Price
The median list price of houses in Sarasota (34242), FL, was $2,800,000 in August 2026, compared to $1,600,000 in August 2025.

Sarasota (34242), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Sarasota (34242), FL, was $686,900 in August 2026, compared to $675,000 in August 2025.

Sarasota (34242), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Sarasota (34242), FL, was $1,447,000 in August 2026, compared to $1,337,000 in August 2025.

Sarasota (34242), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Sarasota (34242), FL, was $5,995,000 in August 2026, compared to $0 in August 2025.

Sarasota (34242), FL Housing Market Analysis

There are currently 322 homes listed for sale in Sarasota (34242), FL, an increase of 47.71% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $2,364,103 (up 32.46% year-over-year), and the average price per square foot is $782 compared to $586 in 2025. Properties spend an average of 172 days on the market before going under contract.
322
for sale
265
for rent
517
sold
Median Price
$1.2M
Median SQFT Price
$782
SF Range
392 - 10,642 SF
Beds
1 - 9
Avg. Dom
172 days
Year Built
1926 - 2027
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $877K
Median Monthly Mortgage $3K/mo
Median Rent $2K/mo
Homeownership Rate 87.3%
Cost Burden 25.7%

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 (34242), FL

For Sale
$575,000
Condo/Co-op
2 bds · 1 ba · 860 sqft
MIDNIGHT COVE II, SARASOTA
1900 COVE II PLACE UNIT 127
New
For Sale
$1,750,000
House
4 bds · 4 ba · 2,941 sqft
PRINCES GATE, SARASOTA
6937 MIDNIGHT PASS ROAD
New
For Sale
$467,000
Condo/Co-op
1 bds · 2 ba · 780 sqft
SIESTA HARBOR II, SARASOTA
1300 N PORTOFINO DRIVE UNIT 305
New
For Sale
$625,000
Condo/Co-op
2 bds · 2 ba · 1,180 sqft
HARBOR TOWERS Y & R, SARASOTA
5855 MIDNIGHT PASS ROAD UNIT 222
New
For Sale
$1,795,000
Condo/Co-op
2 bds · 2 ba · 1,271 sqft
CRYSTAL SANDS 2, SARASOTA
6300 MIDNIGHT PASS ROAD UNIT 809
New
For Sale
$1,340,000
House
3 bds · 2 ba · 1,750 sqft
OCEAN BEACH REP, SARASOTA
445 REID STREET
New
For Sale
$6,300,000
House
5 bds · 4 ba · 4,841 sqft
NORTH HARBOR SUBDIVISION, SARASOTA
1355 ROBERTS BAY LANE
New
For Sale
$12,500,000
House
5 bds · 5 ba · 4,353 sqft
BAY ISLAND, SARASOTA
546 FREELING DRIVE

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