The housing market in Sarasota, FL (34239) is thriving. According to the data provided, the median value of a house in Sarasota is $506,800 compared to the US median of $338,100. This means that houses in Sarasota are much more valuable than the national average. Additionally, it appears that house values have increased significantly in the past year with a 1 year appreciation rate of 23.37%, nearly three times higher than the US 1 year house appreciation rate of 8.27%. Clearly, this indicates a strong and vibrant housing market in Sarasota.
The median home cost in Sarasota (zip 34239) is $506,800. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Sarasota (zip 34239) is up 31.2%.
Average Age of Homes
- The median age of Sarasota (zip 34239) real estate is 53 years old
The Rental Market in Sarasota (zip 34239)
- Renters make up 24.3% of the Sarasota (zip 34239) population
- 0.7% of houses and apartments in Sarasota (zip 34239), 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.