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Area data

Sarasota, FL — ZIP 34240

Population: 18,774 (Census ACS)

Home values & appreciation

Median home value
$744,673
1-year appreciation
-3.9%
3-year appreciation
-8.1%
5-year appreciation
+25.2%
10-year appreciation
+76.4%
All-time peak (2022-08)
$824,991
House Price Index
542.2 (-2.6% YoY)

Market activity

Median sale price
$494,995
Median list price
$399,000
Median days on market
56 days
Sale-to-list ratio
98.2%
Active listings
17
1-year forecast
-1.0%
Days to pending
66 days
New listings (monthly)
40

Rents

Typical rent
$2,223/mo
1-year rent change
-1.2%
1BR fair-market rent
$2,370/mo
3BR fair-market rent
$3,560/mo

Affordability

Cost of living index (Above Average)
101.0 (100 = US avg)
Electricity rate (state-level)
15.2¢/kWh
Natural gas rate (state-level)
$25.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hurricane, lightning, coastalFlooding, inlandFlooding, strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
76.0°F
Average high
85.0°F
Average low
66.0°F
Annual precipitation
43.4 in

Air quality

Air quality rating
Good
Median AQI (annual)
47
Days with Good air quality
232

Walkability & transit

Walkability index
7.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
De Soto National Memorial (20 mi)
Nearest airport
Schwartz Farms Inc Airport (5 mi)
Nearest major airport
Sarasota Bradenton International Airport (SRQ) (11 mi)
Hospitals nearby (~15 mi)
8
Avg hospital rating
3.5 / 5
EV charging stations (within 10 mi)
96
Solar radiation rating
Good (5.1 kWh/m²/day)

Migration

Net migration
+5,352 tax filers

Housing stock

Median year housing built
2,003
Median annual property tax
$4,508
Mean commute to work
19 min
Households with broadband internet
89.6%

Employment & development

Total county employment
172,135
Average weekly wage
$1,182
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
5,259

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents