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North Port-Bradenton-Sarasota, FL housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$403,540−2.0% YoY · prices are falling
Market right nowBalanced marketFewer homes for sale than last year, 19% have cut their price
Income needed to buy, per year$87,479About 1.1× the local median income ($82,290): a stretch for a typical household
Days on market80 daysFaster than a year ago: sellers have the edge
Next 12 months−1.9%Zillow expects prices to dip slightly

The typical home in North Port-Bradenton-Sarasota, FL is worth $403,540, down 2.0% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $415,075, so the area is 2.8% undervalued. It is a balanced market: homes take about 80 days to sell, listings are down 12% from a year ago, 19% of listings have had a price cut. Zillow expects prices to fall about 1.9% over the next year. A household needs about $87,479 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 $82,290. Typical rent is $2,106 a month, or $2,536 for a house. In the latest IRS figures, 14,383 more people moved in than out.

Home value over time

$0K$100K$200K$300K$400K19801990200020102020
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$403,540
Change in 1 year−2.0%
Overvalued %−2.8%
Show 7 more
Fair home value$415,075
Change in 5 years+9.5%
Zillow forecast, next 12 months−1.9%
Home value to income4.9×
Monthly mortgage payment (20% down)$2,187
Income needed to afford it$87,479
Property tax rate0.77%

Rent and investing

Typical rent$2,106
Typical rent for houses$2,536
Price-to-rent ratio16.0×
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HUD Fair Market Rent, 2 bedrooms$2,188
Gross rental yield6.26%
Cap rate (estimate)4.07%

Market activity

Listings vs a year ago−11.6%
Days on market80
Listings with a price cut19.1%
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Homes for sale7,206
Pending sales per 100 listings34
Asking price per sq ft$264

People and jobs

Median household income$82,290
Population change (1 year)+1.4%
Unemployment rate4.2%
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Population948,158
Income adjusted for cost of living$80,361
Net moves in (IRS)+14,383
Cost of living (US = 100)102.4

Schools, risk and environment

School rating (1 to 10)6.7
FEMA hazard risk score (0 to 100)97.9
Unhealthy air days a year0
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Flood risk score96.8
Wildfire risk score91.9
Walkability (1 to 20)10.6
Road, rail and air noise54 dB

Questions people ask

Is North Port-Bradenton-Sarasota, FL overvalued?
Home prices in North Port-Bradenton-Sarasota, FL are slightly below what local incomes have historically supported: fair value is about $415,075, so the area is 2.8% undervalued.
Is North Port-Bradenton-Sarasota, FL a buyer's or seller's market?
North Port-Bradenton-Sarasota, FL is a balanced market: homes take about 80 days to sell, listings are down 12% from a year ago, 19% of listings have had a price cut.
Are home prices going down in North Port-Bradenton-Sarasota, FL?
Home values in North Port-Bradenton-Sarasota, FL are down 2.0% 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 North Port-Bradenton-Sarasota, FL?
A household needs about $87,479 a year to afford the typical home in North Port-Bradenton-Sarasota, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $82,290.

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