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Featured local agent — South Sarasota, FL
Sarah Mitchell
Compass Real Estate · South Sarasota, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Sarasota, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$627,500median sale price
How is the South Sarasota, FL housing market right now?
The median home sale price in South Sarasota, FL is $627,500, up 42.6% year-over-year. Homes sell in an average of 93 days with 61 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 South Sarasota a buyer's or seller's market?
South Sarasota, FL is currently a buyer's market, based on 5.1 months of supply and homes selling in about 93 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
93
Average pace
Active listings
61
5.1 months supply
Sale-to-list
94.2%
Below asking
What does the South Sarasota housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $627,500 |
| Median list price | $629,000 |
| Year-over-year price change | +42.6% |
| Average days on market | 93 days |
| Active inventory | 61 listings |
| Months of supply | 5.1 months |
| Sale-to-list price ratio | 94.2% |
| Median price per sq ft | $344/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 13 |
| Listings with a price cut | 27.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in South Sarasota by property type?
How the South Sarasota, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $912,500 | $407/sq ft | 8 | 126 days |
| Condo / Co-op | $412,500 | $253/sq ft | 4 | 50 days |
| Townhouse | $675,000 | $345/sq ft | 2 | 290 days |
Source: Redfin · Updated monthly
The South Sarasota housing market is currently classified as a buyer's market with a median sale price of $627,500. Prices have risen 42.6% compared to last year, with homes spending an average of 93 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in South Sarasota
There are currently 61 homes listed for sale in South Sarasota, Florida. The median listing price is $629K.
Active listings
61
Homes on market
Median list price
$629K
Avg. days on market
93
Days until sale
New this week
13
Newly listed
Who lives in South Sarasota?
Population
4,905
Median income
$93,958/yr
Median age
54.3 years
Owner-occupied
68.7%
College grads
50.7%
Avg commute
22.4 min
Source: U.S. Census Bureau ACS
What is it like to live in South Sarasota?
South Sarasota is a community of approximately 5K residents with a median age of 54.3 years.The median household income is $93,958, which reflects a relatively affluent area with strong earning potential. 50.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 68.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, South Sarasota offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near South Sarasota, FL?
Want a head-to-head view? Compare South Sarasota side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in South Sarasota?
The median home sale price in South Sarasota is $627,500, up 42.6% from last year.
How long do homes stay on market in South Sarasota?
Homes typically spend 93 days on market before going under contract.
What is the median income in South Sarasota?
The median household income is $93,958 per year.
Is South Sarasota a buyer's or seller's market?
With 5.1 months of supply, South Sarasota is currently a buyer's market.
What is the median condo price in South Sarasota?
The median condo/co-op sale price in South Sarasota, FL is $412,500, compared to $912,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in South Sarasota?
The median single-family home price in South Sarasota, FL is $912,500 (about $407 per square foot).
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