Sarasota 34238

North Port-Sarasota-Bradenton, FL · Sarasota County, FL · 13,878 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

47affordability /100

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

Payment burden
31.9%
stretched
Days on market
51
daily
Price cuts
33.6%
of active
Valuation
-24.1%
vs assessor
Look up an address
38
/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 / sellerbuyer-timing lens

56/ 100SellerBalancedBuyer
Balanced Market
Needs 6% correction for affordability
DOM: 60d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)25
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)25
Days on Market (5%)60

Balanced market in 34238. List price is roughly fair — focus on condition and value. Payment burden: 32.0% of median income. Median days on market: 60. Renting is approximately 69% cheaper than buying (price-to-rent ratio: 20.3).

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 5.9% YoY.

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Market snapshoteach number, once

Median price
$498,380
▾ 5.9% YoY
Days on market
51
daily · zip_data
Median rent
$2,047
ZORI
Investor score
37/100
cash-flow lens
Active listings
254
90-day

Valuation3 lenses, different anchors

vs assessor
-24.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$378,300
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+50.2%
County-wide market — the widest, slowest signal.
Sarasota+50.2%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$255
Price-to-income5.3×

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How 34238 ranks in FL
percentile vs all FL ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

24SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply24.0 mo
Days on Market51d
Inv vs History-5.9%
Listing Density22.9/1k
Market dynamics
Price cut %33.6%
Momentumcooling
LeverageBALANCED
Months of supply24
Sales (90d)0
Investment analysis
Median rent$2,047
Price-to-rent20.3
Est. cap rate3.2%
Buy vs rentfavors renting

Livability

Walk score3
Transit score
Bike score

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Sarasota County contextmacro · jobs · debt · migration

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

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