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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 $950,000, with homes selling in an average of 121 days — slower than the 91-day average last year, suggesting buyers have more negotiating room. A total of 509 homes sold in this period, up from 373 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 $1,160,000 in August 2026, compared to $977,500 in August 2025.

Sarasota (34242), FL Market Trend for Houses

Median List Price
The median list price of houses in Sarasota (34242), FL, was $2,675,000 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 $672,500 in August 2026, compared to $672,000 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 $1,399,000 in August 2026, compared to $1,249,500 in August 2025.

Sarasota (34242), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Sarasota (34242), FL, was $1,250,000 in August 2026, compared to $1,250,000 in August 2025.

Sarasota (34242), FL Housing Market Analysis

There are currently 358 homes listed for sale in Sarasota (34242), FL, an increase of 59.82% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $2,279,281 (up 25.91% year-over-year), and the average price per square foot is $754 compared to $586 in 2025. Properties spend an average of 174 days on the market before going under contract.
358
for sale
268
for rent
511
sold
Median Price
$1.2M
Median SQFT Price
$754
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

New
For Sale
$6,400,000
House
8 bds · 8 ba · 5,313 sqft
SARASOTA BEACH, SARASOTA
5610 AVENIDA DEL MARE
New
For Sale
$1,225,000
House
3 bds · 2 ba · 1,796 sqft
OCEAN BEACH REP, SARASOTA
528 RALPH STREET
New
For Sale
$544,900
House
1 bds · 1 ba · 728 sqft
JAMAICA ROYALE, SARASOTA
5830 MIDNIGHT PASS ROAD UNIT 43
New
For Sale
$2,600,000
House
4 bds · 3 ba · 2,689 sqft
HARMONY SUB, SARASOTA
339 TREASURE BOAT WAY
New
For Sale
$1,795,000
House
4 bds · 3 ba · 2,244 sqft
SIESTA BEACH, SARASOTA
5143 SANDY BEACH AVENUE
New
For Sale
$549,000
Condo/Co-op
2 bds · 2 ba · 1,093 sqft
SUNRISE COVE SEC 4, SARASOTA
9011 MIDNIGHT PASS ROAD UNIT 329
New
For Sale
$5,750,000
House
5 bds · 5 ba · 4,191 sqft
SARASOTA BEACH, SARASOTA
5547 AVENIDA DEL MARE
For Sale
$509,000
Condo/Co-op
2 bds · 2 ba · 998 sqft
SANDY COVE III, SARASOTA
220 PASS KEY ROAD UNIT 220

Market Trends nearby