Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$399,023−1.7% YoY · prices are falling
Market right nowBalanced marketFewer homes for sale than last year, 18% have cut their price
Income needed to buy, per year$86,500About 1.0× the local median income ($83,367): a stretch for a typical household
Days on market81 daysFaster than a year ago: sellers have the edge
Next 12 months−1.9%Zillow expects prices to dip slightly
The typical home in Sarasota County, FL is worth $399,023, down 1.7% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $415,239, so the area is 3.9% undervalued. It is a balanced market: homes take about 81 days to sell, listings are down 14% from a year ago, 18% of listings have had a price cut. Zillow expects prices to fall about 1.9% over the next year. A household needs about $86,500 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $83,367. Typical rent is $2,168 a month, or $2,609 for a house. In the latest IRS figures, 4,764 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$399,023
Change in 1 year
−1.7%
Overvalued %
−3.9%
Show 7 more
Fair home value
$415,239
Change in 5 years
+7.7%
Zillow forecast, next 12 months
−1.9%
Home value to income
4.8×
Monthly mortgage payment (20% down)
$2,162
Income needed to afford it
$86,500
Property tax rate
0.75%
Rent and investing
Typical rent
$2,168
Typical rent for houses
$2,609
Price-to-rent ratio
15.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,188
Gross rental yield
6.52%
Cap rate (estimate)
4.24%
Market activity
Listings vs a year ago
−14.0%
Days on market
81
Listings with a price cut
17.5%
Show 3 more
Homes for sale
4,054
Pending sales per 100 listings
33
Asking price per sq ft
$273
People and jobs
Median household income
$83,367
Population change (1 year)
+0.8%
Unemployment rate
3.7%
Show 4 more
Population
479,958
Income adjusted for cost of living
$81,413
Net moves in (IRS)
+4,764
Cost of living (US = 100)
102.4
Schools, risk and environment
School rating (1 to 10)
7.5
FEMA hazard risk score (0 to 100)
98.2
Unhealthy air days a year
0
Show 4 more
Flood risk score
95.7
Wildfire risk score
93.3
Walkability (1 to 20)
10.9
Road, rail and air noise
54 dB
Questions people ask
Is Sarasota County, FL overvalued?
Home prices in Sarasota County, FL are slightly below what local incomes have historically supported: fair value is about $415,239, so the area is 3.9% undervalued.
Is Sarasota County, FL a buyer's or seller's market?
Sarasota County, FL is a balanced market: homes take about 81 days to sell, listings are down 14% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Sarasota County, FL?
Home values in Sarasota County, FL are down 1.7% over the last year. Zillow's forecast for the next 12 months is −1.9%.
How much do you need to earn to buy a home in Sarasota County, FL?
A household needs about $86,500 a year to afford the typical home in Sarasota County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $83,367.