$229,000
2121 Wood St Unit 201
Sarasota, FL
2 bd2 ba885 sqft$259/ft²
Condo2.85 acres
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Compass Real Estate · Sarasota, FL
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Sarasota, FL Housing Market
Buyer's market-3.4% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Sarasota, FL is worth $409,878, fell 3.4% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $675,000, +35.1% year over year (through May 2026). With 7.5 months of supply and homes going under contract in about 87 days, Sarasota is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $409,878 home is about $2,188/mo in principal and interest.
Key numbers for Sarasota, FL
Typical home value
$409,878
-3.4% in 12 months
Zillow, August 2026
Typical asking rent
$2,175/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$675,000
+35.1% year over year
Redfin, through May 2026
Days on market
87
Slow-moving
Redfin, through May 2026
Active listings
739
7.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$70,065
Home costs 5.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.9%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Sarasota a buyer's or seller's market?
Buyer's market7.5 months of supply87 days on market94.9% of asking
Sarasota, FL is a buyer's market, based on 7.5 months of supply and homes selling in about 87 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Sarasota housing market data show?
Every row below is Redfin's final published month for Sarasota, FL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $675,000 |
| Median list price | $660,000 |
| Year-over-year price change | +35.1% |
| Median price per sq ft | $438/sq ft |
| Median days on market | 87 days |
| Active inventory | 739 listings |
| Months of supply | 7.5 months |
| Sale-to-list price ratio | 94.9% |
| Homes sold (that month) | 99 |
| New listings (that month) | 132 |
| Listings with a price cut | 28.4% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Sarasota is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Sarasota is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Sarasota home prices moved?
Over the last three years the median sale price in Sarasota, FL rose 20.0%, from $562,500 to $675,000. The live Zillow value series has fell 3.4% in the last 12 months, which is the more current read now that Redfin's series has stopped. 28.4% of Sarasota listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 7.5 months while the sale-to-list ratio slips below its current 94.9%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Sarasota?
Priced off the typical home value of $409,878 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $81,976 | $327,902 | $2,188/mo |
| 5% | $20,494 | $389,384 | $2,598/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,188, that implies roughly $93,778 a year before you add taxes and insurance. The median household in Sarasota earns $70,065, about $23,713 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Sarasota in the next 12 months?
Tell us your timeline. We send the Sarasota market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Sarasota?
Typical asking rent in Sarasota, FL is $2,175/mo, against a typical home value of $409,878. That is a price-to-rent ratio of 15.7x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,188 a month — $13 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Sarasota?
Active listings in Sarasota, FL went from 868 in May 2025 to 739 in May 2026, a -14.9% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 816 | 120 |
| July 2025 | 761 | 112 |
| August 2025 | 713 | 120 |
| September 2025 | 677 | 107 |
| October 2025 | 752 | 214 |
| November 2025 | 796 | 194 |
| December 2025 | 823 | 166 |
| January 2026 | 889 | 250 |
| February 2026 | 896 | 211 |
| March 2026 | 890 | 228 |
| April 2026 | 856 | 169 |
| May 2026 | 739 | 132 |
Redfin, through May 2026
How does Sarasota compare to Florida and the U.S.?
Sarasota homes sell for $675,000 — 60% above the Florida median of $421,500. Against the national median of $410,700, Sarasota runs 64% higher. Year-over-year, Sarasota moved +35.1% against Florida's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Sarasota, FL | $675,000 | +35.1% | 87 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Sarasota
What buyers should watch
- Months of supply, currently 7.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 28.4%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $410 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $409,878 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Sarasota listing goes under contract in 87 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Sarasota added 132 new listings against 99 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -3.4% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Sarasota varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Sarasota
There are currently 739 homes listed for sale in Sarasota, Florida. The median listing price is $660K. Featured listings range from $229,000 to $4,250,000.
$349,900
8385 Karpeal Dr Unit 907
Sarasota, FL
2 bd2 ba1,778 sqft$197/ft²
Condo4.68 acres
View photos & details
$365,000
1430 Burgos Dr
Sarasota, FL
3 bd3 ba1,672 sqft$218/ft²
Townhouse2,614 sqft lot
View photos & details
$395,000
7363 Oak Moss Dr Unit 33
Sarasota, FL
3 bd3 ba2,177 sqft$181/ft²
House2,178 sqft lot
View photos & details
$439,000
7236 Las Casas Dr
Sarasota, FL
3 bd2 ba2,065 sqft$213/ft²
House12,197 sqft lot
View photos & details
$439,990
2809 Marrakesh Ln
Sarasota, FL
2 bd2 ba1,542 sqft$285/ft²
Townhouse
View photos & details
$450,000
5300 Mahogany Run Ave
Sarasota, FL
2 bd2 ba1,585 sqft$284/ft²
House5,663 sqft lot
View photos & details
$499,000
4986 Waterbridge Down
Sarasota, FL
2 bd2 ba2,060 sqft$242/ft²
House13,504 sqft lot
View photos & details
$559,990
7255 Tideland Ln
Sarasota, FL
3 bd3 ba1,753 sqft$319/ft²
Townhouse
View photos & details
$869,400
1654 Springwell Ln
Sarasota, FL
3 bd4 ba2,313 sqft$376/ft²
Townhouse
View photos & details
$1,250,000
1661 S Jefferson Ave
Sarasota, FL
3 bd3 ba2,490 sqft$502/ft²
House10,019 sqft lot
View photos & details
$4,250,000
1686 North Dr
Sarasota, FL
5 bd7 ba6,128 sqft$694/ft²
House14,810 sqft lot
View photos & details
Looking to buy in Sarasota?
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Active listings
739
Homes on market
Median list price
$660K
Avg. days on market
87
Days until sale
New this week
132
Newly listed
Price drops:28.4%of listings
Sale-to-list:94.9%
How much do homes cost in Sarasota by property type?
How the Sarasota, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| 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 |
Who lives in Sarasota?
American Community Survey estimates for Sarasota. U.S. Census ACS, 2023
Population
56,218
Households
25,572
Median income
$70,065/yr
Median age
49.3 years
Owner-occupied
55.7%
Median home value
$409,700
Median gross rent
$1,514/mo
Mean commute
21.3 min
55.7% of occupied homes in Sarasota are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $409,700 against Zillow's $409,878 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,514/mo, below Zillow's $2,175/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
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
SARASOTA HIGH SCHOOL
Grades 9-12 · 2,509 students
BOOKER HIGH SCHOOL
Grades 9-12 · 1,395 students
SARASOTA MIDDLE SCHOOL
Grades 6-8 · 1,308 students
SARASOTA MILITARY ACADEMY
Grades 6-12 · 1,099 students
ASHTON ELEMENTARY SCHOOL
Grades PK-5 · 982 students
BOOKER MIDDLE SCHOOL
Grades 6-8 · 961 students
TATUM RIDGE ELEMENTARY SCHOOL
Grades PK-5 · 833 students
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?
Ordered by distance from Sarasota, not by size. Compare Sarasota side by side with any of them.
Sarasota housing market FAQ
Is Sarasota a buyer's or seller's market?
Sarasota, FL is currently a buyer's market. That read comes from 7.5 months of supply, homes going under contract in about 87 days, and sellers getting 94.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Sarasota?
The typical home in Sarasota, FL is worth $409,878 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $675,000, about $438 per square foot.
Is Sarasota cheaper than the rest of Florida?
Sarasota's median sale price of $675,000 is 60% higher than the Florida statewide median of $421,500, and 64% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Sarasota?
Homes in Sarasota, FL spent a median of 87 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Sarasota?
At the current 30-year fixed rate of 7.03%, 20% down on a $409,878 home is about $2,188 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $93,778 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $70,065.
Are home prices rising in Sarasota?
The typical home value in Sarasota, FL fell 3.4% over the last 12 months, from $424,368 to $409,878 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Sarasota?
Sarasota ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Sarasota?
That depends on your timeline, not on a headline. What the data says today: Sarasota, FL is a buyer's market with 7.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 15.7x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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