Housing in Sarasota, Florida

The median home cost in Sarasota is $254,200. Home appreciation the last 10 years has been 43.1%. Home Appreciation in Sarasota is up 5.3%. Browse Sarasota Real Estate

Average Age of Homes

- The median age of Sarasota real estate is 40 years old

The Rental Market in Sarasota

- Renters make up 36.9% of the Sarasota population
- 2.5% of houses and apartments in Sarasota, are available to rent

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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.

HOUSING	Sarasota, Florida	United States
Median Home Age	44	40
Median Home Cost	$254,200	$219,700
Home Appr. Last 12 months	5.3%	7.7%
Home Appr. Last 5 yrs.	55.1%	37.0%
Home Appr. Last 10 yrs.	43.1%	28.2%
Property Tax Rate	$7.77	$11.78
Property Taxes Paid	$1,672	$2,279
Homes Owned	43.6%	56.0%
Housing Vacant	21.6%	12.2%
Homes Rented	34.8%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,959	$1,391
Studio Apartment	$798	$821
1 Bedroom Home or Apartment	$908	$930
2 Bedroom Home or Apartment	$1,160	$1,148
3 Bedroom Home or Apartment	$1,568	$1,537
4 Bedroom Home or Apartment	$1,915	$1,791
VACANT HOUSING
Vacant For Rent	2.5%	2.1%
Vacant Rented	0.4%	0.5%
Vacant For Sale	0.8%	1.0%
Vacant Sold	0.5%	0.5%
Vacant Vacation	13.3%	4.0%
Vacant Other	4.0%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	2.7%	3.5%
$20,000 to $39,999	1.6%	3.1%
$40,000 to $59,999	3.3%	3.9%
$60,000 to $79,999	6.0%	5.4%
$80,000 to $99,999	9.1%	6.3%
$100,000 to $149,999	13.9%	14.7%
$150,000 to $199,999	10.7%	14.6%
$200,000 to $299,999	13.6%	18.7%
$300,000 to $399,999	7.2%	11.0%
$400,000 to $499,999	4.3%	6.2%
$500,000 to $749,999	9.9%	7.0%
$750,000 to $999,999	6.3%	2.7%
$1,000,000 to $1,499,999	4.4%	1.5%
$1,500,000 to $1,999,999	2.9%	0.5%
$2,000,000 and over	4.0%	0.7%