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

In July 2026, the median home sale price in Sarasota (34240), FL was $875,000, with homes selling in an average of 96 days — slower than the 83-day average last year, suggesting buyers have more negotiating room. A total of 644 homes sold in this period, up from 590 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 $869,990 in July 2026, compared to $899,990 in July 2025.

Sarasota (34240), FL Market Trend for Houses

Median List Price
The median list price of houses in Sarasota (34240), FL, was $999,900 in July 2026, compared to $950,000 in July 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 $395,000 in July 2026, compared to $464,999 in July 2025.

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

Median List Price
The median list price of lots/land in Sarasota (34240), FL, was $987,500 in July 2026, compared to $740,000 in July 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 July 2026, compared to $1,737,500 in July 2025.

Sarasota (34240), FL Housing Market Analysis

There are currently 153 homes listed for sale in Sarasota (34240), FL, a decrease of 18.18% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,212,804 (up 3.72% year-over-year), and the average price per square foot is $358 compared to $339 in 2025. Properties spend an average of 108 days on the market before going under contract.
154
for sale
23
for rent
644
sold
Median Price
$870K
Median SQFT Price
$359
SF Range
1,080 - 9,018 SF
Beds
2 - 6
Avg. Dom
108 days
Year Built
1950 - 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 6.49%
Local Unemployment 3.6%

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
$739,990
House
3 bds · 2 ba · 2,453 sqft
EMERALD LANDING AT WATERSIDE, SARASOTA
7271 KODIAK LANE
For Sale
$3,349,000
House
3 bds · 4 ba · 3,474 sqft
WILD BLUE AT WATERSIDE, SARASOTA
1095 BLUE SHELL LOOP
For Sale
$1,429,900
House
3 bds · 3 ba · 2,976 sqft
ARTISTRY PH 3A, SARASOTA
4584 CEDRON COURT
New
For Sale
$599,000
House
4 bds · 3 ba · 3,375 sqft
BAY LNDG PH 2B, SARASOTA
2136 MIDNIGHT PEARL DRIVE
New
For Sale
$1,550,000
House
4 bds · 3 ba · 3,340 sqft
MONTEREY/LAKEWOOD RANCH, SARASOTA
2428 WATERFRONT CIRCLE
New
For Sale
$1,250,000
House
3 bds · 3 ba · 2,868 sqft
WINDWARD AT LAKEWOOD RANCH, SARASOTA
2493 PARADISE PLUM DRIVE
New
For Sale
$1,425,000
House
4 bds · 3 ba · 3,361 sqft
LAUREL OAK ESTATES SEC 09, SARASOTA
2528 TOM MORRIS DRIVE
New
For Sale
$1,850,000
House
3 bds · 2 ba · 2,871 sqft
SHELLSTONE, SARASOTA
844 BLUE SHELL LOOP

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