Zip 34240 (Sarasota, FL) Housing

Housing in 34240 Sarasota, FL is incredibly expensive compared to the US median value. The median value of a house in this area is $723,700, which is more than double the US median value of $338,100. In addition, the 1 year appreciation rate for housing in 34240 Sarasota is 23.37%, much higher than 8.27% across the US as a whole. This indicates that housing prices in 34240 Sarasota are continuing to appreciate rapidly and could continue to rise if current trends remain stable or increase.

The median home cost in Sarasota (zip 34240) is $723,700. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Sarasota (zip 34240) is up 31.2%.

Average Age of Homes

- The median age of Sarasota (zip 34240) real estate is 20 years old

The Rental Market in Sarasota (zip 34240)

- Renters make up 8.6% of the Sarasota (zip 34240) population
- 1.1% of houses and apartments in Sarasota (zip 34240), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sarasota, Florida	United States
	6,527.0	139,647,020.0
	23	42
	$723,700	$338,100
	31.2%	16.6%
	93.0%	57.0%
	211.6%	101.1%
	$8.07	$10.98
	$3,626	$2,690
	69.8%	57.4%
	23.8%	11.2%
	6.4%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	3.2%	0.7%
	0.9%	0.4%
	15.3%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	3.2%	2.4%
	2.2%	2.8%
	1.4%	3.9%
	1.3%	4.5%
	0.7%	11.3%
	2.2%	13.0%
	8.3%	20.1%
	20.4%	13.6%
	20.1%	8.3%
	22.9%	9.7%
	11.6%	3.9%
	5.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	2.1%	0.2%
	30.1%	13.6%
	30.1%	13.6%
	20.0%	13.6%
	15.1%	13.2%
	11.2%	14.8%
	20.0%	13.6%
	2.8%	10.0%
	0.5%	4.7%
	0.2%	12.2%

Reviews for Sarasota

See all (0)

Write a Review

Start Your Review of Sarasota

Commute

The premier source for comprehensive city data for over 30 years.