Longboat Key 34228

North Port-Sarasota-Bradenton, FL · Sarasota County, FL · 10,330 properties with county records

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Longboat Key 34228 is in Sarasota County, FL, part of the North Port–Sarasota Metro. The typical home value in Longboat Key 34228 is $951,441 (Zillow Home Value Index, September 2026), down 1.6% from a year earlier. Homes that sold went under contract in a median 132 days, and 21% of listings took a price cut (Redfin Data Center, period ending Sep 30, 2026). On Lotvox's market-leverage reading of that data, with 5.7 months of supply, neither buyers nor sellers hold a clear edge. The Lotvox Turnover Index is not published for 34228 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across Sarasota County's 24 ZIPs with a Zillow value, the middle one is $370,693, so 34228 sits 157% above the county middle. Typical rent is $8,450 a month (Zillow Observed Rent Index, September 2026). Lotvox holds county assessor records for 10,330 properties in 34228.

Headline value data through September 2026. Each source below carries its own date.

Is 34228 a buyer's or seller's market?

By Lotvox's leverage reading of Redfin data through Sep 30, 2026, 34228 is a balanced market. Homes went under contract in a median 132 days with 5.7 months of supply.

What do homes in 34228 sell for?

The typical home value in 34228 is $951,441 (Zillow Home Value Index, September 2026), down 1.6% in a year. County records put the median at about $654 per square foot (computed Apr 21, 2026).

Who is likely to sell in 34228?

Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 34228 has not passed that test yet. When it does, the score appears here.

How does 34228 compare to Sarasota County?

34228's typical value of $951,441 compares with a middle value of $370,693 across Sarasota County's 24 ZIPs. Both are Zillow Home Value Index figures for September 2026.

Where does this 34228 data come from?

Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.

Sources: Zillow Home Value Index (ZHVI) (as of Sep 30, 2026) · Redfin Data Center (as of Sep 30, 2026) · Zillow Observed Rent Index (ZORI) (as of Sep 30, 2026) · county assessor records (counted Oct 27, 2026) · How Lotvox works
Cite as: Lotvox ZIP market record, 34228 Longboat Key, FL, data through September 2026, https://lotvox.com/north-port/zip/34228

Listings Flow Ladder — 34228

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is drainingnet -3 listings/mo
balanced 4–6 mo5.7 mo
Faucet — new listings
36/mo
97% of normal (37) · normal
Basin — active listings
223
92% of normal (243) · balanced
Months of supply
5.7 mo
derived — not published at this grain
Drain — closed sales
39/mo
104% of normal (38)
Net — faucet minus drain
-3/mo
draining
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 0%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 0%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 18/mofall in the monthly rate (31%)— peak 57/mo (2026-06-30) to 39/mo now
  • 94transactions that did not happen— summed monthly shortfall vs the same-month normal, over 12 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month. A fresher supply-only read (56 new, 211 active, 2026-09-01, Realtor.com inventory (county + ZIP), via Lotvox) is available but is NOT used in the net — that source publishes no closed sales, so subtracting across it would mix two vintages.

Should you buy here?

buyer-timing lens
33affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
43.8%
severe
Days on market
132
daily
Price cuts
20.6%
of active
Valuation
-23.2%
vs assessor

Days on market and price cuts: Redfin Data Center, rolling 90 days.

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Rent vs own
Not available for this ZIP — no rent or ownership-cost estimate published here.
Rent to price
Not available for this ZIP — no price-to-rent ratio published here.
37
/100
weak
cooling · balanced · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / seller

buyer-timing lens
53/ 100SellerBalancedBuyer
Balanced Market
Needs 31.5% correction for affordability
DOM: 56d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)0
Cancellation Rate (10%)50
Days on Market (5%)60

Balanced market in 34228. List price is roughly fair — focus on condition and value. Payment burden: 40.9% of median income. A 14% price correction needed to reach 30% affordability threshold. Median days on market: 56.

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGBALANCED

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 1.6% YoY.

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Market snapshot

each number, once
Median price
$951,441
▾ 1.6% YoY
Days on market
132
Redfin
Median rent
$8,450
ZORI
Investor score
70/100
cash-flow lens
Active listings
223
90-day

Median price: Zillow Home Value Index (ZHVI). Median rent: Zillow Observed Rent Index (ZORI). Days on market and active listings: Redfin Data Center, rolling 90 days.

Valuation

3 lenses, different anchors
vs assessor
-23.2%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$730,900
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+49.7%
County-wide market — the widest, slowest signal.
Sarasota+49.7%
Manatee+56.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$654
Price-to-income6.7×

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How 34228 ranks in FL
percentile vs all FL ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

15SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply40.1 mo
Days on Market132d
Inv vs History-26.5%
Listing Density53.5/1k
Market dynamics
Price cut %20.6%
Momentumcooling
LeverageBALANCED
Months of supply5.7
Sales (90d)118
Investment analysis
Median rent$8,450
Price-to-rent9.7
Est. cap rate6.7%
Buy vs rentfavors buying

Livability

Walk score13
Transit score6
Bike score—

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Housing pulse

4 charts, one facade
Payment Shock ≠ Price Crash
43.8%severe
payment burden — est. P&I $5,229/mo on $951,441 vs median income $143,365
7.32% 30yr fixed (as of 2026-10-22) · 20% down, 30yr fixed
200820172026$0k$350k$700k$1050k$1400k$0$2,000$4,000$6,000$8,000
home value (left)est. monthly payment (right)
estimated monthly P&I at the CURRENT rate (7.32% as of 2026-10-22), held constant — 20% down, 30yr fixed
as of 2026-09-30 · Zillow ZHVI + FRED MORTGAGE30US (fred, as of 2026-10-22) + Census median household income
Real Home Values
$951,441in 2026-09 dollars (nominal $951,441)
2002201020172026$0k$400k$800k$1200k$1600k
real (2026-09 = 100 deflator)nominal
price basis: Zillow ZHVI
as of 2026-09-30 · Zillow ZHVI + CPI (national deflator)
Listings Flow Ladder
New listings
36.333
Active listings
223
Closed sales
39.333
Net flow
-3 · draining
months of supply 5.7 (balanced band 4–6)
202420252026202603060120
new listingsclosed sales
as of 2026-09-30 · Redfin market data (county + ZIP), via Lotvox
Migration vs Inventory
county migration (parent)
-532net migration (2022-2023), losing — households
in 6,042 · out 6,574 · Sarasota County, FL (parent county of this ZIP)
20132017202120260150300600
active inventory
as of 2026-07-01 · IRS SOI county-to-county migration flows 2022-2023 + Redfin inventory history

Price bands

mix-shift

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Sarasota County context

macro · jobs · debt · migration
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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Nearby ZIP codes

Typical home value: Zillow Home Value Index (ZHVI); change is the 12-month change.

Owner stock, age of householder

Tenure by age of householder (ACS B25007) is not published below county. Any ZIP figure here is DERIVED from the county's age-specific owner rates applied to this ZIP's own age structure — never read directly.

Derived — this ZIP
No ZIP figure — this ZIP spans 2 counties
NOT DERIVED: this ZIP spans more than one county. Tenure by age is not published below county, and no single county rate applies here. Weighting by area would produce a number, not a measurement - area is a poor proxy for where households are. Each county's own figure is shown instead.
Measured — each county this ZIP spans
  • Sarasota · 57% of area27.8% in 2023
  • Manatee · 43% of area22.8% in 2023
ACS B25007, published at county grain.