Home ValuePros

Market Intelligence · FL / Sarasota

Sarasota, FL 34240 Housing Market

The typical home in Sarasota's 34240 ZIP code is worth $750,393, down 5.1% over the past year. The median list price sits at $914,450, and homes are taking a median of 59 days on market to sell.

Updated June 2026Median value$750K

The median home value in Sarasota, FL 34240 is $750K as of June 2026, down 5.1% 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 34240 range

$690K to $810K

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

-5.1% over 12 months

Typical home value in 34240 over the last 12 months: $790K in Jun 2025 to $750K in Jun 2026 (-5.1%).

Jun 2025$790K

Jun 2026$750K

The numbers

What is the 34240 housing market like?

Typical home value

$750K

Down5.1%YoY

Median list price

$914K

Days on market

59

Down11.9%MoM

Homes for sale

128

Price cuts

15.1%

New listings

60

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 34240 home prices compare?

  • 34240$750,393
  • Sarasota$397,036
  • Florida$347,135
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Sarasota: 13 ZIPs; Florida: 923 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 128 homes for sale in 34240, with 60 new listings added recently. The median list price is $914,450, while the typical home value is $750,393. Homes are spending a median of 59 days on market, and 15.1% of listings have had a price cut. The typical home value is down 5.1% over the past year. Sellers here should price carefully and expect the process to take some time.

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