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
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 income
4.9×
Monthly mortgage payment (20% down)
$2,187
Income needed to afford it
$87,479
Property tax rate
0.77%
Rent and investing
Typical rent
$2,106
Typical rent for houses
$2,536
Price-to-rent ratio
16.0×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,188
Gross rental yield
6.26%
Cap rate (estimate)
4.07%
Market activity
Listings vs a year ago
−11.6%
Days on market
80
Listings with a price cut
19.1%
Show 3 more
Homes for sale
7,206
Pending sales per 100 listings
34
Asking price per sq ft
$264
People and jobs
Median household income
$82,290
Population change (1 year)
+1.4%
Unemployment rate
4.2%
Show 4 more
Population
948,158
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 year
0
Show 4 more
Flood risk score
96.8
Wildfire risk score
91.9
Walkability (1 to 20)
10.6
Road, rail and air noise
54 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.