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SARASOTA, FL 34238

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SARASOTA, FL real estate market (34238) currently shows 389 active listings, with 90 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 43 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 59 days on market compared to 58 days last year.

The median listing price has fallen 3.2% year-over-year, from $498,000 to $481,850.

Whether you are buying or selling in SARASOTA, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 22,426  ·  Density: 655.9/mi²  ·  Median household income: $91,936

Typical home value: $476,276  ·  Homeownership: 75.3%

Market Overview

Active Listings
389
⇩ 10% vs 432 last year
Pending
90
23% pending ratio
Median Price
$481,850
⇩ 3.2% vs $498,000 last year
Average Price
$558,632
⇩ 5.7% vs $592,433 last year
Days on Market
59
⇧ 1.7% vs 58 days last year

Price Per Square Foot

Median $/sqft
$266
⇩ 5% vs $280/sqft last year
Median Home Size
1,770 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 389 this year vs 432 last year
  • Days on market: 59 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $481,850 (-3.2% YoY)
  • Average: $558,632 (-5.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.4 miles — 4,060 listings ($4,903,974,970 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
34238Sarasota, FL 342380.0 mi386$220,908,958$499,000$572,303
34233Sarasota, FL 342333.7 mi151$61,637,143$314,750$408,193
34242Sarasota, FL 342424.9 mi498$1,133,686,542$1,162,500$2,276,479
34275Nokomis, FL 342756.2 mi418$416,712,560$562,250$996,920
34232Sarasota, FL 342326.6 mi227$90,250,433$330,725$397,579
34236Sarasota, FL 342368.8 mi646$1,749,701,982$1,598,000$2,708,517
34285Venice, FL 342859.8 mi331$179,637,010$370,500$542,710
34234Sarasota, FL 3423411.0 mi172$283,342,480$450,000$1,647,340
34292Venice, FL 3429212.0 mi254$132,209,032$373,950$520,508
34202Bradenton, FL 3420213.1 mi387$417,533,526$766,000$1,078,898
34203Bradenton, FL 3420314.9 mi286$116,261,288$398,250$406,508
34207Bradenton, FL 3420715.9 mi184$52,897,976$156,500$287,489
34291North Port, FL 3429117.4 mi120$49,196,040$351,250$409,967

Frequently Asked Questions

How many homes are for sale in SARASOTA, FL 34238?

As of March 2026, there are 389 active listings in SARASOTA, FL (zip code 34238), compared to 432 the prior year.

What is the median home price in SARASOTA, FL 34238?

The median listing price in SARASOTA, FL 34238 is $481,850 as of March 2026, a 3.2% decrease from $498,000 the prior year.

How long do homes stay on the market in SARASOTA, FL?

Homes in SARASOTA, FL 34238 spend an average of 59 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in SARASOTA, FL 34238?

Based on current inventory and days-on-market data as of March 2026, SARASOTA, FL 34238 is currently a Balanced Market. Inventory has tightened compared to last year, with 43 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 59 days on market compared to 58 days last year.

How much can I save on real estate commission in SARASOTA, FL?

With SELL123.com's maximum 3% commission, sellers in SARASOTA, FL 34238 save an estimated $9,637 compared to a typical 5% commission on the median listing price of $481,850. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.