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

In October 2026, the median home sale price in Sarasota (34240), FL was $875,000, with homes selling in an average of 89 days — slower than the 87-day average last year, suggesting buyers have more negotiating room. A total of 649 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 $750,000 in October 2026, compared to $915,000 in October 2025.

Sarasota (34240), FL Market Trend for Houses

Median List Price
The median list price of houses in Sarasota (34240), FL, was $919,950 in October 2026, compared to $1,049,495 in October 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 $382,500 in October 2026, compared to $502,745 in October 2025.

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

Median List Price
The median list price of lots/land in Sarasota (34240), FL, was $650,000 in October 2026, compared to $740,000 in October 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 October 2026, compared to $0 in October 2025.

Sarasota (34240), FL Housing Market Analysis

There are currently 184 homes listed for sale in Sarasota (34240), FL, a decrease of 0.54% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,129,954 (down 6.43% year-over-year), and the average price per square foot is $327 compared to $368 in 2025. Properties spend an average of 91 days on the market before going under contract.
184
for sale
33
for rent
649
sold
Median Price
$750K
Median SQFT Price
$327
SF Range
1,105 - 9,300 SF
Beds
2 - 6
Avg. Dom
91 days
Year Built
1961 - 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

New
For Sale
$46,000
0 room(s) · 9,300 sqft
LAKEWOOD RANCH CORPORATE PARK, SARASOTA
5588 BROADCAST COURT
New
For Sale
$749,000
House
3 bds · 3 ba · 2,334 sqft
WINDWARD AT LAKEWOOD RANCH, SARASOTA
2550 WILD CHERRY PATH
New
For Sale
$1,385,000
House
3 bds · 3 ba · 2,486 sqft
SHOREVIEW/LAKEWOOD RANCH WATER, SARASOTA
7973 GRANDE SHORES DRIVE
New
For Sale
$1,699,000
House
4 bds · 4 ba · 3,833 sqft
LAUREL OAK ESTATES SEC 01, SARASOTA
3194 CHARLES MACDONALD DRIVE
New
For Sale
$2,795,000
House
4 bds · 4 ba · 4,212 sqft
FOUNDERS CLUB, SARASOTA
3737 FOUNDERS CLUB DRIVE
New
For Sale
$440,000
Townhouse
3 bds · 2 ba · 1,776 sqft
NAUTIQUE/WATERSIDE, SARASOTA
1741 CLEAT LANE
New
For Sale
$1,525,000
House
3 bds · 2 ba · 2,867 sqft
LAKEHOUSE COVE, SARASOTA
8035 WATERBEND TRAIL
New
For Sale
$2,999,000
House
5 bds · 4 ba · 5,163 sqft
LAUREL OAK ESTATES SEC 09, SARASOTA
8250 HUGH ALISON PLACE

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