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Real Estate Market Trends and Analytics in Sarasota (34240), FL

In September 2026, the median home sale price in Sarasota (34240), FL was $879,990, with homes selling in an average of 92 days — slower than the 84-day average last year, suggesting buyers have more negotiating room. A total of 644 homes sold in this period, up from 580 last year — a sign of an active market.
View all properties for sale in Sarasota (34240), FL

Sarasota (34240), FL Market Trend

Median List Price
The median list price of Sarasota (34240), FL, was $674,990 in September 2026, compared to $945,000 in September 2025.

Sarasota (34240), FL Market Trend for Houses

Median List Price
The median list price of houses in Sarasota (34240), FL, was $847,500 in September 2026, compared to $959,000 in September 2025.

Sarasota (34240), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Sarasota (34240), FL, was $379,950 in September 2026, compared to $519,990 in September 2025.

Sarasota (34240), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Sarasota (34240), FL, was $605,000 in September 2026, compared to $727,000 in September 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 September 2026, compared to $3,000,000 in September 2025.

Sarasota (34240), FL Housing Market Analysis

There are currently 161 homes listed for sale in Sarasota (34240), FL, a decrease of 9.04% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,083,990 (down 10.38% year-over-year), and the average price per square foot is $327 compared to $348 in 2025. Properties spend an average of 94 days on the market before going under contract.
161
for sale
27
for rent
644
sold
Median Price
$675K
Median SQFT Price
$327
SF Range
1,105 - 9,018 SF
Beds
2 - 6
Avg. Dom
94 days
Year Built
1960 - 2027
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $532K
Median Monthly Mortgage $2K/mo
Median Rent $2K/mo
Homeownership Rate 87.8%
Cost Burden 23.0%

Foreclosure Risk Score

21/100 MODERATE
30-Year Mortgage Rate 6.71%
Local Unemployment 3.7%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Sarasota (34240), FL

For Sale
$579,900
House
3 bds · 2 ba · 2,140 sqft
SYLVAN LEA, SARASOTA
2166 SYLVAN LEA DRIVE
New
For Sale
$2,047,710
House
3 bds · 3 ba · 2,627 sqft
WILD BLUE AT WATERSIDE, SARASOTA
220 BLUE PEARL
New
For Sale
$750,000
House
4 bds · 3 ba · 3,005 sqft
VILLAGES AT PINETREE SPRUCE PINE ENCLAVE, SARASOTA
1729 PINYON PINE DR
New
For Sale
$1,995,000
House
3 bds · 3 ba · 2,892 sqft
SHOREVIEW/LAKEWOOD RANCH WATER, SARASOTA
7789 MAINSAIL LANE
New
For Sale
$789,900
House
4 bds · 3 ba · 3,005 sqft
VILLAGES/PINETREE, SPRUCE PINE, SARASOTA
1772 PINYON PINE DRIVE
New
For Sale
$785,990
House
5 bds · 4 ba · 3,019 sqft
WINDWARD AT LAKEWOOD RANCH PHASE 2, SARASOTA
8071 ANTHIRIUM LOOP
New
For Sale
$699,990
House
3 bds · 3 ba · 2,332 sqft
WINDWARD AT LAKEWOOD RANCH PHASE 2, SARASOTA
2440 STAR APPLE WAY
New
For Sale
$770,000
House
4 bds · 4 ba · 3,172 sqft
WORTHINGTON PH 2, SARASOTA
4745 ANTRIM DRIVE

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