How much is a home in 34240 worth?

The typical home value in 34240 is $744,115, down 2.3% over the past year as of 2026-08-01.

How long does it take to sell a home in 34240?

Homes in 34240 spend a median of 61 days on market as of 2026-08-01.

Are sellers cutting prices in 34240?

Yes. As of 2026-08-01, 20.7% of listings in 34240 have taken a price cut, while the median list price stands at $850,000.

Market Intelligence · FL / Sarasota

Sarasota, FL 34240 Housing Market

The typical home value in Sarasota, FL 34240 is $744,115, down 2.3% over the past year. Homes currently carry a median list price of $850,000 and spend a median of 61 days on market.

Updated August 2026Median value$744K

The median home value in Sarasota, FL 34240 is $744K as of August 2026, down 2.3% 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.

Sell without the wait

Sell your Sarasota home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 34240 range

$685K to $804K

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.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 34240 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Sarasota, FL.

12-month value trend

-2.3% over 12 months

Aug 2025$761K

Low $740KHigh $761K

Aug 2026$744K

The numbers

What is the 34240 housing market like?

As of August 2026

Typical home value

$744K

2.3%YoY

Median list price

$850K

10.4%MoM

Days on market

0.0%MoM

Homes for sale

128

4.1%MoM

Price cuts

20.7%

47.6%MoM

New listings

27.3%MoM

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

Free home value report

See what your 34240 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 34240 home prices compare?

34240$744,115
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

As of 2026-08-01, there are 128 homes for sale in 34240, with 32 new listings entering the market. The typical home value sits at $744,115, down 2.3% over the past year. Homes are taking a median of 61 days to move, and 20.7% of listings have taken a price cut. The median list price of $850,000 sits well above the typical value, which suggests sellers are aiming higher than what the market is currently paying. For a seller, this points to a market where realistic pricing matters more than it did a year ago.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $148,823

Term

Rate (%)

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading