Lotvox market story

ZIP 34229

Sarasota County, FL

What homes are worth, what they cost to carry, how fast they sell — one step at a time.

Typical home value
$655,654
12-month change
−2.6%
Months of supply
3.8

This week since 2026-10-08: Months of supply 3.8 (was 3.9) · Payment share of income 46.4% (was 45.8%)

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Who's going to sell in 34229 this year?

Lotvox Turnover Index

Ranking every home in 34229 by how likely it is to sell

Lotvox Turnover Index
Not yet live
Source: County assessor and recorder public records; Lotvox analysis (calculations on the sources above) · accuracy by ZIP · methodology

The Lotvox Turnover Index isn't offered for 34229 yet.

Where

34229 in Sarasota County, FL

34223 · $372,10134228 · $947,72434229 · $655,65434231 · $364,02334232 · $355,37734233 · $360,93734234 · $278,18634235 · $311,15834236 · $1,004,39834237 · $281,55134238 · $494,97234239 · $492,23534240 · $744,11534241 · $583,45034242 · $839,33734275 · $497,58834285 · $373,50334286 · $309,38134287 · $250,82434288 · $320,62734289 · $326,80134291 · $316,15334292 · $394,43934293 · $364,664 34229
$251K$1.0M typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

34229 is one of 24 ZIP codes that lie mostly in Sarasota County, FL.

Shaded by typical home value, it ranks 5 of the 24 with a value.

Value rank in county
5 of 24

Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

Local life

Schools in 34229

1 school location in 34229: 1 high.

In alphabetical order: PINE VIEW SCHOOL. Locations only — no ratings are shown here.

School locations
1

Source: U.S. Department of Education, National Center for Education Statistics (school locations)

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What it costs

Home values

What homes are worth in 34229

$0$250K$500K$750K$1.0M200020052010201520202025Peak August 2022 · $768,252Latest · $655,654
Typical home value
Source: Zillow (ZHVI) · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

In January 2000 the typical home in 34229 was worth $225,826.

Values peaked at $768,252 in August 2022. The latest reading is −14.7% from that peak.

As of August 2026: $655,654, −2.6% over twelve months.

Typical home value
$655,654
12-month change
−2.6%

Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

Housing pulse

Monthly cost vs. price

Typical home
$655,654
Loan at 20% down
$524,523
30-year fixed rate
7.40%
Monthly principal + interest
$3,632
Median household income, per month
$7,829
Share of income
46.4%
0%30%60%
At today's rate, by home value, 2000–2026: 16.0% → 46.4%
Source: Zillow (ZHVI) · Freddie Mac via FRED · Census ACS · Lotvox · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Start with the typical home: $655,654. Put 20% down and borrow $524,523 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,632 a month in principal and interest.

The median household here earns $93,949 a year, $7,829 a month. So the payment takes 46.4% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 16.0% in 2000.

Payment share of income
46.4%
Monthly P&I
$3,632

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Lotvox lens

The payment, at each month's rate

$0$2K$4K$6K2000200520102015202020252.68% rate · $1,5336.67% rate · $3,373
Monthly P&I at that month's 30-year rate
Source: Zillow (ZHVI) · Freddie Mac via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,352.

In December 2020, with rates at 2.68%, it was $1,533.

By August 2026, at 6.67%, it was $3,373 — +120% since December 2020, while the home's value moved +38%.

Payment change since 2020
+120%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Home value after inflation

$0$250K$500K$750K$1.0M200020052010201520202025
Home value (as reported)Prices in general (CPI-U), scaled to January 2000Home value in August 2026 dollars
Source: Zillow (ZHVI) · BLS CPI via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Reported values rose +190% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $445,691. So the real change is +47%, not +190%.

Real change since 2000
+47%

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Home values

34229 against its neighbors

0100200300400200020052010201520202025
34229 (2000 = 100)Sarasota County (2000 = 100)Florida (2000 = 100)
Source: Zillow (ZHVI) · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

34229: +190% since January 2000.

Sarasota County: +195% since January 2000.

Florida: +245% since January 2000 — 34229 ran behind it by 55 points.

Change since 2000
+190%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Rent or own

Own: payment + 1.2%/yr taxes & insurance
$4,287
principal + interest $3,632 · taxes & insurance est. $655
Rent: typical rent (ZORI)
$2,512
Price-to-rent ratio
21.8
Source: Zillow (ZHVI) · Zillow (ZORI) · Freddie Mac via FRED · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

Owning the typical home costs about $4,287 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,512 a month.

Price divided by a year's rent: 21.8. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
21.8

Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

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What's moving

Housing pulse

Listings Flow Ladder

per month / homes for sale2024-092026-08balanced 4–6 mo3.8 mo3.8 months of supplyNet −4 / month · inventory shrinking
New listings / monthHomes for saleClosed sales / monthBasin water level = months of supply
Source: Redfin · Lotvox · as of 2026-08-31Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 16 a month (Redfin, 3-month rolling data through August 2026). That is 62% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 76.

Going out — closed sales: about 20 a month. That is 68% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 3.8 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 4 more homes sold than came on each month, so inventory is shrinking. The basin is draining.

Months of supply
3.8

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Housing pulse

Sales pace vs. normal

01020304020252026
Homes sold per monthSame months, 2015–2019
Source: Redfin · Lotvox · as of 2026-08Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

Homes sold: about 20 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 22 — so sales ran at 91% of it, and below it in 24 of the last 24 months.

Sales vs 2015–19 level
91%

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

New supply

Homes being permitted

02,5005,0007,50010,00020227,32320237,82220247,46620256,627
1-unit buildings2–4 units5+ units
Source: Census permits · as of 2025Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

Across Sarasota County, builders pulled permits for 6,627 new homes in 2025.

Of those, 65% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Units permitted 2025
6,627

Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

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Who's holding, who's leaving

Housing pulse

Migration and inventory

Moved in (top-10 origin counties)
6,042
Moved out (top-10 destination counties)
6,574
Net households
−532
Top origins
Manatee, FL2,429
Charlotte, FL1,268
Lee, FL483
Top destinations
Manatee, FL3,150
Charlotte, FL1,408
Hillsborough, FL638
Homes for sale, 2012–2026
Source: IRS SOI · Redfin · as of 2026-06-01Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

This ZIP sits in Sarasota County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 6,042 moved in. Among the ten receiving the most, 6,574 moved out.

Net across those counties: −532 households. Beside it, homes for sale in this ZIP: 76 in June 2026.

Most arrivals came from Manatee, FL (2,429 households); most departures went to Manatee, FL (3,150).

Net households (top-10 flows)
−532

Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

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What to do

Own a home here?What's my home worth?Enter your address for a county-record value range. Buying?Compare 34229 with 34241The same story, side by side. An agent?See where the index is livethe farm territory and this page's sponsor spot.

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Link: https://lotvox.com/story/north-port/zip/34229