Sarasota County

Florida ยท Pop. 434,006

Ranked #159 of 200 counties

32Crisis

Median Home Price

๐Ÿ 

$450K

6.0% YoY

Median Rent

๐Ÿ”‘

$1,800

Median Income

๐Ÿ’ฐ

$58K

Rent Burden

๐Ÿ“Š

35.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

12,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

5,200

Price-to-Income Ratio

โš–๏ธ

7.8x

Homeownership Rate

๐Ÿก

72.0%

How Sarasota County Compares

MetricSarasota CountyFloridaNational
Home Price$450K$381K$410K
Rent$1,800$1,719$1,500
Income$58K$73K$75K
Rent Burden35.0%37.8%30.0%
Homeownership72.0%68.0%65.0%

Key Takeaways

  • โ€ข Home prices are 10% above the national average.
  • โ€ข Rent is 20% above the national average.
  • โ€ข The county has an estimated housing shortage of 12,000 units.
  • โ€ข 5,200 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 6.0%.