Sarasota County
Florida ยท Pop. 434,006
Ranked #159 of 200 counties
32Crisis
Median Home Price
๐$450K
6.0% YoY
Median Rent
๐$1,800
Median Income
๐ฐ$58K
Rent Burden
๐35.0%
% of income to rent
Housing Shortage
๐๏ธ12,000
estimated unit deficit
Building Permits (2024)
๐5,200
Price-to-Income Ratio
โ๏ธ7.8x
Homeownership Rate
๐ก72.0%
How Sarasota County Compares
| Metric | Sarasota County | Florida | National |
|---|---|---|---|
| Home Price | $450K | $381K | $410K |
| Rent | $1,800 | $1,719 | $1,500 |
| Income | $58K | $73K | $75K |
| Rent Burden | 35.0% | 37.8% | 30.0% |
| Homeownership | 72.0% | 68.0% | 65.0% |
Key Takeaways
- โข Home prices are 10% above the national average.
- โข Rent is 20% above the national average.
- โข The county has an estimated housing shortage of 12,000 units.
- โข 5,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 6.0%.