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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 71-day average last year, suggesting buyers have more negotiating room. A total of 711 homes sold in this period, up from 559 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 $405,000 in August 2026, compared to $500,000 in August 2025.

Sarasota (34238), FL Market Trend for Houses

Median List Price
The median list price of houses in Sarasota (34238), FL, was $600,000 in August 2026, compared to $652,000 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 $275,000 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 229 homes listed for sale in Sarasota (34238), FL, an increase of 15.08% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $482,367 (down 17.29% year-over-year), and the average price per square foot is $243 compared to $258 in 2025. Properties spend an average of 104 days on the market before going under contract.
229
for sale
137
for rent
711
sold
Median Price
$405K
Median SQFT Price
$243
SF Range
572 - 5,251 SF
Beds
1 - 5
Avg. Dom
104 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

For Sale
$299,900
Condo/Co-op
3 bds · 2 ba · 1,319 sqft
PLAZA DE FLORES, SARASOTA
4264 CENTRAL SARASOTA PARKWAY UNIT 117
New
For Sale
$360,000
Townhouse
3 bds · 2 ba · 1,724 sqft
PROMENADE EAST, SARASOTA
8657 MILESTONE DRIVE
New
For Sale
$499,900
House
2 bds · 2 ba · 1,348 sqft
GULF GATE EAST, SARASOTA
6640 WATERFORD LANE
New
For Sale
$495,000
House
3 bds · 2 ba · 1,973 sqft
WILLOWBROOK, SARASOTA
9089 WILLOW BROOK DRIVE
New
For Sale
$449,000
House
2 bds · 2 ba · 1,904 sqft
MIRA LAGO AT PALMER RANCH PH 2, SARASOTA
3852 AMAPOLA LANE
New
For Sale
$275,000
Condo/Co-op
2 bds · 2 ba · 1,285 sqft
STONEYBROOK TERRACE 1, SARASOTA
8735 OLDE HICKORY AVENUE UNIT 8304
New
For Sale
$225,000
Condo/Co-op
2 bds · 2 ba · 1,374 sqft
SUNRISE GOLF CLUB PH I, SARASOTA
6246 DRAW LANE UNIT 12
New
For Sale
$675,000
House
3 bds · 2 ba · 2,090 sqft
TURTLE ROCK, SARASOTA
5127 HANGING MOSS LANE

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