Sarasota County, Florida Housing Market Prices
Sarasota County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 33% above the Florida median More expensive than 88% of counties in Florida$414,479
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Median rent 9% above the Florida median More expensive than 91% of counties in Florida$1,818
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Sarasota County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $414,479 | $311,338 | $248,835 |
| Price Trend (Annual %) | 14.1% | 11.2% | 7.5% |
| Median Gross Rent | $1,818 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 7.0% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sarasota County is about 33% higher than in Florida. Rent is about 9% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Sarasota County, up about 14.1% and 7.0% a year respectively. Home prices are changing faster.
Median rent in Sarasota County rose about 77.6% between 2015 and 2024, from $1,023 to $1,818. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 5.0 yearly household incomes in Sarasota County.
Buying the median-priced home in Sarasota County costs roughly 19.0 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Sarasota County. The price-to-rent ratio in Florida is about 15.6.
| Metric | Sarasota County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $414,479 | $311,338 | $248,835 |
| Median Household Income | $83,523 | $74,580 | $80,455 |
| Price-to-Income Ratio | 5.0 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Sarasota County rose about 177.6%, while median household income rose about 58.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Sarasota County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.4% | 57.7% | 58.5% |
| Rental Rate | 18.8% | 27.7% | 31.2% |
| Vacancy Rate | 19.8% | 14.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Sarasota County has a homeownership rate of 61.4%, higher than the Florida average of 57.7%. Its housing vacancy rate is 19.8%, compared with 14.6% in Florida.
Housing Stock
| Metric | Sarasota County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.11 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1988 | 1988 | 1978 |
| Median Number of Rooms | 5.1 | 5.2 | 5.5 |
The typical housing unit in Sarasota County was built around 1988. On average, 2.1 people live in a home with about 5.1 rooms, staying for about 13.0 years on average.
Sarasota County, FL Housing Compared With Nearby Counties
Sarasota County, FL is the 2nd largest of the 6 counties compared here, 459,530 residents against a local median of 201,064. Sarasota County, FL's median home price, at $414,479, runs 56% above the $265,501 typical of the counties around it.
Median rent tells the same story from another angle: $1,818 against a local median of $1,463, 24% above it. The counties themselves spread $306,301 on median home price, so Sarasota County, FL sits at one end of an already wide local range rather than apart from it. Sarasota County, FL has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Sarasota County, FL | 459,530 | $414,479 #1/6 | $1,818 #1/6 | 76.6% #2/6 |
| Manatee County, FL | 429,651 | $344,563 | $1,671 | 74.3% |
| Charlotte County, FL | 201,064 | $265,501 | $1,463 | 83.8% |
| DeSoto County, FL | 35,386 | $220,318 | $932 | 72.5% |
| Hardee County, FL | 25,673 | $38,262 | $961 | 71.4% |
| Hillsborough County, FL | 1,519,188 | $343,045 | $1,667 | 61.4% |
Frequently Asked Questions
Common questions about the housing market in Sarasota County, Florida.
What is the median home price in Sarasota County, Florida?
The median home price in Sarasota County, Florida is $414,479, higher than the Florida average of $311,338.
What is the average home price in Sarasota County, Florida?
The typical home price in Sarasota County, Florida, reported as the median sale price, is $414,479. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Sarasota County, Florida?
The median gross rent in Sarasota County, Florida is $1,818 per month, higher than the Florida average of $1,668.
What was the median gross rent in Sarasota County in 2020?
In 2020, the median gross rent in Sarasota County, Florida was $1,341 per month.
What is the price-to-rent ratio in Sarasota County, Florida?
The price-to-rent ratio in Sarasota County, Florida is about 19.0, meaning it would take roughly 19.0 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Sarasota County.
Are home prices or rent rising faster in Sarasota County, Florida?
Both home prices and rent are rising in Sarasota County, up about 14.1% and 7.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Sarasota County, Florida?
61.4% of households in Sarasota County, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Sarasota County, Florida?
The housing vacancy rate in Sarasota County, Florida is 19.8%, higher than the Florida average of 14.6%.
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