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Real Estate Market Trends and Analytics in Sarasota (34238), FL

In August 2026, the median home sale price in Sarasota (34238), FL was $499,000, with homes selling in an average of 85 days — slower than the 69-day average last year, suggesting buyers have more negotiating room. A total of 701 homes sold in this period, up from 552 last year — a sign of an active market.
View all properties for sale in Sarasota (34238), FL

Sarasota (34238), FL Market Trend

Median List Price
The median list price of Sarasota (34238), FL, was $417,500 in August 2026, compared to $499,000 in August 2025.

Sarasota (34238), FL Market Trend for Houses

Median List Price
The median list price of houses in Sarasota (34238), FL, was $650,000 in August 2026, compared to $644,000 in August 2025.

Sarasota (34238), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Sarasota (34238), FL, was $280,000 in August 2026, compared to $289,900 in August 2025.

Sarasota (34238), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Sarasota (34238), FL, was $0 in August 2026, compared to $0 in August 2025.

Sarasota (34238), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Sarasota (34238), FL, was $0 in August 2026, compared to $0 in August 2025.

Sarasota (34238), FL Housing Market Analysis

There are currently 254 homes listed for sale in Sarasota (34238), FL, an increase of 28.28% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $511,266 (down 11.53% year-over-year), and the average price per square foot is $250 compared to $257 in 2025. Properties spend an average of 101 days on the market before going under contract.
254
for sale
138
for rent
710
sold
Median Price
$418K
Median SQFT Price
$250
SF Range
572 - 5,251 SF
Beds
1 - 5
Avg. Dom
100 days
Year Built
1957 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $479K
Median Monthly Mortgage $2K/mo
Median Rent $2K/mo
Homeownership Rate 75.3%
Cost Burden 23.0%

Foreclosure Risk Score

11/100 LOW
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 (34238), FL

New
For Sale
$185,000
Condo/Co-op
3 bds · 2 ba · 1,260 sqft
VINTAGE GRAND, SARASOTA
4057 CROCKERS LAKE BOULEVARD UNIT 16
New
For Sale
$759,000
House
4 bds · 4 ba · 3,487 sqft
ARBOR LAKES ON PALMER RANCH, SARASOTA
5934 ANISE DRIVE
New
For Sale
$614,900
House
2 bds · 2 ba · 1,843 sqft
SUNRISE PRESERVE, SARASOTA
8712 BAY MEADOW DRIVE
New
For Sale
$479,500
House
3 bds · 2 ba · 2,100 sqft
STONEYBROOK AT PALMER RANCH, SARASOTA
9539 HAWKSMOOR LANE
New
For Sale
$479,000
House
3 bds · 2 ba · 1,770 sqft
PALMER OAKS ESTATES, SARASOTA
8451 KARPEAL DRIVE
New
For Sale
$499,000
House
2 bds · 2 ba · 1,677 sqft
SUNRISE PRESERVE, SARASOTA
8621 RAIN SONG ROAD
For Sale
$879,000
House
2 bds · 2 ba · 1,928 sqft
ESPLANADE ON PALMER RANCH, SARASOTA
5365 SALCANO STREET
For Sale
$829,000
House
4 bds · 3 ba · 2,521 sqft
VILLAGEWALK, SARASOTA
8672 DOLCE LANE

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