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Featured local agent — Sarasota, FL

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Sarasota, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Sarasota, FL(512) 555-0184TX License #0512847

Visit website →sarahmitchellhomes.com

5.0 · 47 reviews

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Sarasota, FL Housing Market & Real Estate

Buyer's market+35.1% YoY

Housing market overview · Updated monthly · Data refreshed May 2026

$675,000median sale price

How is the Sarasota, FL housing market right now?

The median home sale price in Sarasota, FL is $675,000, up 35.1% year-over-year. Homes sell in an average of 87 days with 739 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Sarasota a buyer's or seller's market?

Buyer's market7.5 months of supply87 avg. days on market

Sarasota, FL is currently a buyer's market, based on 7.5 months of supply and homes selling in about 87 days. How we determine this →

Homes sold

Last 12 weeks

Days on market

Average pace

Active listings

739

7.5 months supply

Sale-to-list

94.9%

Below asking

What does the Sarasota housing market data show?

Current housing market statistics for Sarasota, FL
Metric	Value
Median sale price	$675,000
Median list price	$660,000
Year-over-year price change	+35.1%
Average days on market	87 days
Active inventory	739 listings
Months of supply	7.5 months
Sale-to-list price ratio	94.9%
Median price per sq ft	$438/sq ft
Homes sold (latest month)	99
New listings (latest month)	132
Listings with a price cut	28.4%
Market condition	Buyer's market

Source: Redfin · Updated monthly

How much do homes cost in Sarasota by property type?

How the Sarasota, FL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Sarasota, FL
Property type	Median price	Price / sq ft	Homes sold	Days on market
Single-family	$710,000	$434/sq ft	49	83 days
Condo / Co-op	$525,000	$485/sq ft	43	87 days
Townhouse	$685,000	$357/sq ft	5	77 days

Source: Redfin · Updated monthly

The Sarasota housing market is currently classified as a buyer's market with a median sale price of $675,000. Prices have risen 35.1% compared to last year, with homes spending an average of 87 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.

Market trends

House14,810 sqft lot

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Active listings

739

Homes on market

Median list price

$660K

Avg. days on market

Days until sale

New this week

132

Newly listed

Price drops:28.4%of listings

Sale-to-list:94.9%

Who lives in Sarasota?

Population

56,218

Median income

$70,065/yr

Median age

49.3 years

Owner-occupied

55.7%

College grads

41.7%

Avg commute

21.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Sarasota?

Zillow home value

$413,325

Zillow rent index

$2,218/mo

Price-to-rent ratio

15.5x

Price-to-income

5.9x

Source: Zillow Research

What is it like to live in Sarasota?

Sarasota is a community of approximately 56K residents with a median age of 49.3 years.The median household income is $70,065, which represents a working-class community with solid middle-income opportunities. 41.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 55.7%, showing a blend of owner and renter-occupied properties. The average commute time is 21.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sarasota offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Sarasota?

43 schools tracked · 25,481 students

The largest public schools serving Sarasota, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

RIVERVIEW HIGH SCHOOL

Grades 9-12 · 2,681 students

Public

SARASOTA HIGH SCHOOL

Grades 9-12 · 2,509 students

Public

BOOKER HIGH SCHOOL

Grades 9-12 · 1,395 students

Public

SARASOTA MIDDLE SCHOOL

Grades 6-8 · 1,308 students

Public

SARASOTA MILITARY ACADEMY

Grades 6-12 · 1,099 students

Charter

ASHTON ELEMENTARY SCHOOL

Grades PK-5 · 982 students

Public

BOOKER MIDDLE SCHOOL

Grades 6-8 · 961 students

Public

TATUM RIDGE ELEMENTARY SCHOOL

Grades PK-5 · 833 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Sarasota, FL?

Want a head-to-head view? Compare Sarasota side-by-side with any other U.S. city using our market-comparison tool.

Southgate

Kensington Park

South Sarasota

Fruitville

Whitfield

Bee Ridge

Gulf Gate Estates

Bayshore Gardens

Is Sarasota a good real estate investment market?

For investors evaluating Sarasota, the price-to-rent ratio of 15.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 35.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Sarasota's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Sarasota's median home price.

Frequently asked questions

What is the average home price in Sarasota?

The median home sale price in Sarasota is $675,000, up 35.1% from last year.

How long do homes stay on market in Sarasota?

Homes typically spend 87 days on market before going under contract.

What is the median income in Sarasota?

The median household income is $70,065 per year.

Is Sarasota a buyer's or seller's market?

With 7.5 months of supply, Sarasota is currently a buyer's market.

How many homes are for sale in Sarasota?

There are currently 739 homes listed for sale in Sarasota, FL.

What is the Zillow home value estimate for Sarasota?

The Zillow Home Value Index (ZHVI) for Sarasota is $413,325, representing the typical home value in the area.

What is the median condo price in Sarasota?

The median condo/co-op sale price in Sarasota, FL is $525,000, compared to $710,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Sarasota?

The median single-family home price in Sarasota, FL is $710,000 (about $434 per square foot).

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