Sarasota 34240

North Port-Sarasota-Bradenton, FL · Sarasota County, FL · 11,335 properties · updated 7/5/2026

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
35.8%
stretched
Days on market
67
daily
Price cuts
33.6%
of active
Valuation
-28.8%
vs assessor
Look up an address
30
/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

58/ 100SellerBalancedBuyer
Balanced Market
Needs 16.2% correction for affordability
DOM: 96d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)25
Days on Market (5%)100

Balanced market in 34240. List price is roughly fair — focus on condition and value. Payment burden: 35.8% of median income. Median days on market: 96. Renting is approximately 122% cheaper than buying (price-to-rent ratio: 26.6).

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 5.0% YoY.

Address lookup$99 report path

Look Up an Address in 34240

Just type the street — we'll auto-scope the search to ZIP 34240.

Actions
Export, share, or compare this ZIP
Compare
Get alerts when this market changes

Market snapshoteach number, once

Median price
$744,370
▾ 5.0% YoY
Days on market
67
daily · zip_data
Median rent
$2,329
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
+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$341
Price-to-income5.9×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial
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-42.8%
Listing Density22.7/1k
Market dynamics
Price cut %33.6%
Momentumcooling
LeverageBALANCED
Months of supply18
Sales (90d)0
Investment analysis
Median rent$2,329
Price-to-rent26.6
Est. cap rate2.4%
Buy vs rentfavors renting

Livability

Walk score—
Transit score—
Bike score—

Historical trends

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

Sarasota County contextmacro · jobs · debt · migration

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

Unlock County Economic Data

Available with Lotvox Pro — $29/mo.

Start free trial

Nearby ZIP codes

34241
Sarasota
$582,919
-4.1%
34211
Lakewood Ranch
$541,152
-4.8%
34201
Bradenton
$618,971
-5.1%
North Port–Sarasota Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Sarasota County