Lake Sarasota, FL is a great place to consider buying a home. The median value of housing in the area is $278,200, which is significantly lower than the US house median value of $338,100. Additionally, the one-year house appreciation rate in Lake Sarasota is 23.37%, much higher than the US average of 8.27%. This makes it an attractive option for potential homebuyers looking for a good investment opportunity.
The median home cost in Lake Sarasota is $278,200. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Lake Sarasota is up 31.2%.
Average Age of Homes
- The median age of Lake Sarasota real estate is 33 years old
The Rental Market in Lake Sarasota
- Renters make up 23.5% of the Lake Sarasota population
- 0.0% of houses and apartments in Lake Sarasota, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.