Sarasota, FL 34238 Housing Market
- Active listings32currently for sale
- Pending sales26under contract
- Median asking price$414,000current listings
- Inventory age8 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)583a tracked sample, not a market total
- Median sold price$430,500last 6 months
- Middle half of sold prices$310k to $615k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 32 active listings and 26 pending sales in ZIP code 34238. That pending-to-active ratio of 0.81 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $414,000, while the median of the 583 closed sales Resideline tracked over the last six months was $430,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 34238 has been on the market for 8 days.
Frequently asked questions
What is the median home price in 34238?
The median closed sale price in Sarasota, FL 34238 was $430,500 over the last six months, based on 583 closed sales tracked by Resideline. The middle half of those sales ranged from $310,000 to $615,000.
Is 34238 a buyer's or seller's market?
Resideline is currently tracking 26 pending sales against 32 active listings in 34238, a pending-to-active ratio of 0.81. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 34238 currently looks like a seller's market.