Sarasota 34240

North Port-Sarasota-Bradenton, FL · Sarasota County, FL · 11,335 properties · updated 7/26/2026

Should you buy here?buyer-timing lens

41affordability /100

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

Payment burden

36.6%

severe

Days on market

daily

Price cuts

28.3%

of active

Valuation

-28.8%

vs assessor

Look up an address

/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

Negotiate Hard

Needs 18% correction for affordability

DOM: 96d (rising) · Market Dynamics rolling median · hourly

Score Components

Payment Burden (25%)75

Valuation Gap (25%)10

Supply & Demand (20%)100

Buy vs Rent (15%)100

Cancellation Rate (10%)25

Days on Market (5%)100

Moderate buyer leverage in 34240. Room to negotiate 5-10% below list. Payment burden: 36.1% of median income. Median days on market: 96. Renting is approximately 122% cheaper than buying (price-to-rent ratio: 26.6).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.

COOLINGBALANCED

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 2.7% YoY.

Address lookup$99 report path

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<iframe src="https://lotvox.com/embed/zip/34240" width="100%" height="300" style="border:0;border-radius:12px;overflow:hidden;max-width:640px" loading="lazy" title="Sarasota 34240 — Lotvox market card"></iframe>
<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/north-port/zip/34240?utm_source=embed&utm_medium=backlink">Sarasota 34240 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshoteach number, once

Median price

$744,673

▾ 2.7% YoY

Days on market

daily · zip_data

Median rent

$2,223

ZORI

Investor score

22/100

cash-flow lens

Active listings

128

90-day

Valuation3 lenses, different anchors

vs assessor

-28.8%

Market vs assessed value — a tax-roll lag, not a deal signal.

Avg assessor$530,200

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%

Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.

Pricing detail

Price / sqft$341

Price-to-income5.9×

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How 34240 ranks in FL

percentile vs all FL ZIPs

Comparative ranking not available for this ZIP.

Affordability, supply & momentum

26SUPPLY

BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply18.0 mo

Days on Market67d

Inv vs History-42.6%

Listing Density22.7/1k

Market dynamics

Price cut %28.3%

Momentumcooling

LeverageBALANCED

Months of supply18

Sales (90d)0

Investment analysis

Median rent$2,223

Price-to-rent26.6

Est. cap rate2.4%

Buy vs rentfavors renting

Livability

Walk score—

Transit score—

Bike score—

Historical trends

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Price bandsmix-shift

Price Bands — the median behind the median

A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Sarasota.

Current tiers · 12 months to Aug 25floor 10 sales/tier

1 tier had too few sales in this ZIP and are shown at county or metro level — see the stamp on each row.

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	$162k	$156	2,153	—	COUNTY · Sarasota, FL
$250k–$500k	$407k	$230	208	24.0%	ZIP
$500k–$750k	$600k	$270	198	22.9%	ZIP
$750k–$1M	$869k	$307	134	15.5%	ZIP
$1M–$1.5M	$1.25M	$361	166	19.2%	ZIP
$1.5M–$2M	$1.69M	$442	77	8.9%	ZIP
$2M+	$2.70M	$623	77	8.9%	ZIP
All sales (the headline median)	$789k	$304	865	100%	ZIP

No mix-shift history for this area. no geography from this ZIP up to metro has 8+ quarters of 10+ recorded arms-length sales across at least 4 price tiers. Trends are drawn only from recorded transactions; the last-sale snapshot above cannot carry a time series, because a property that sold twice keeps only its latest sale — which drags the history upward through the tiers and would invent the very mix shift this section exists to test for.

National context — not local

NAR's aggregate existing-home median for the United States and the South census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 34240.

United States
South

Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.

Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.

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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.

ZIP 34240→Sarasota County, FL

12-Month Direction

-19Moderate Deterioration

Confidence

100%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

41· Weak

Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.

Payment Burden49

30.5%

stretched

Source: Lotvox · Updated 2026-05-15

Buy vs Rent46

1.312x

rent advantage

Source: Lotvox · Updated 2026-05-15

Valuation21

+49.7%

overvalued

Source: Lotvox comps · Updated 2026-05-15