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Sarasota, FL 34240 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Sarasota, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 9696PendingPending sales: 33
Sarasota, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $675k$675kSoldMedian sold price (last 6 months): $840k$840k
What homes actually sell for in Sarasota, FL
Distribution of 373 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $565k to $1.42M
$380k to $651k: 113 sales113sales$380k$651k to $922k: 76 sales$922k to $1.19M: 32 sales$922k$1.19M to $1.46M: 46 sales$1.46M to $1.74M: 26 sales$1.46M$1.74M to $2.01M: 22 sales$2.01M to $2.28M: 5 sales$2.01M$2.28M to $2.55M: 16 salesMedian $840k

What the numbers say

As of October 5, 2026, Resideline is tracking 96 active listings and 3 pending sales in ZIP code 34240. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $674,945, while the median of the 373 closed sales Resideline tracked over the last six months was $840,000. 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. Resideline has been seeing the median active listing in 34240 for 66 days.

Frequently asked questions

What is the median home price in 34240?

The median closed sale price in Sarasota, FL 34240 was $840,000 over the last six months, based on 373 closed sales tracked by Resideline. The middle half of those sales ranged from $565,000 to $1,425,000.

Is 34240 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 96 active listings in 34240, a pending-to-active ratio of 0.03. 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, 34240 currently looks like a balanced market.

Nearby ZIP code market data

Full Sarasota, FL housing market report →

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