How much is a home in 34238 worth?

The typical home value in 34238 is $494,972, down 3.8% over the past year. The median list price is $427,000.

How fast are homes selling in 34238?

Homes in 34238 are spending a median of 93 days on market. With 219 homes for sale and 44 new listings, buyers have a reasonable amount of choice.

Are sellers cutting prices in 34238?

Yes. 19.8% of listings in 34238 have had a price cut, which lines up with values trending down.

Market Intelligence · FL / Sarasota

Sarasota, FL 34238 Housing Market

The typical home value in Sarasota's 34238 ZIP code is $494,972, down 3.8% over the past year. The median list price is $427,000, and homes are spending a median of 93 days on market.

Updated August 2026Median value$495K

The median home value in Sarasota, FL 34238 is $495K as of August 2026, down 3.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 34238 range

$455K to $535K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.8% over 12 months

Aug 2025$515K

Low $494KHigh $515K

Aug 2026$495K

The numbers

What is the 34238 housing market like?

As of August 2026

Typical home value

$495K

3.8%YoY

Median list price

$427K

1.6%MoM

Days on market

17.7%MoM

Homes for sale

219

12.7%MoM

Price cuts

19.8%

20.9%MoM

New listings

12.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 34238 home prices compare?

34238$494,972
Sarasota$395,849
Florida$345,153
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Sarasota: 13 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

There are 219 homes for sale in 34238, with 44 new listings added. The median list price of $427,000 sits below the typical home value of $494,972, and values have slipped 3.8% over the past year. Homes are taking a median of 93 days to sell, so buyers have time to compare options. Nearly one in five listings, 19.8%, has taken a price cut. For sellers, this is a slower, softer market where realistic pricing from the start matters more than testing a high number.

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