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All market snapshots / 34242

Sarasota, FL 34242 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Sarasota, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.49
ActiveActive listings: 5757PendingPending sales: 2828
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): $1.3M$1.3MSoldMedian sold price (last 6 months): $865k$865k
What homes actually sell for in Sarasota, FL
Distribution of 484 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $590k to $1.4M
$410k to $809k: 194 sales194sales$410k$809k to $1.21M: 115 sales$1.21M to $1.61M: 50 sales$1.21M$1.61M to $2M: 31 sales$2M to $2.4M: 13 sales$2M$2.4M to $2.8M: 14 sales$2.8M to $3.2M: 11 sales$2.8M$3.2M to $3.6M: 3 salesMedian $865k

What the numbers say

As of August 26, 2026, Resideline is tracking 57 active listings and 28 pending sales in ZIP code 34242. That pending-to-active ratio of 0.49 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $1,295,000, while the median of the 484 closed sales Resideline tracked over the last six months was $865,000. 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. The median active listing in 34242 has been on the market for 4 days.

Frequently asked questions

What is the median home price in 34242?

The median closed sale price in Sarasota, FL 34242 was $865,000 over the last six months, based on 484 closed sales tracked by Resideline. The middle half of those sales ranged from $590,000 to $1,400,000.

Is 34242 a buyer's or seller's market?

Resideline is currently tracking 28 pending sales against 57 active listings in 34242, a pending-to-active ratio of 0.49. 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, 34242 currently looks like a competitive market.

Nearby ZIP code market data

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