Market Intelligence · FL / Sarasota

Sarasota, FL 34242 Housing Market

In Sarasota's 34242 ZIP code, the typical home value is $844,567, down 0.6% over the past year. The median list price stands at $1,149,750, with homes averaging 123 days on the market as of September 2026.

Updated September 2026Median value$845K

The median home value in Sarasota, FL 34242 is $845K as of September 2026, down 0.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 34242 range

$777K to $912K

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

-0.6% over 12 months

Sep 2025$850K

Low $832KHigh $850K

Sep 2026$845K

The numbers

What is the 34242 housing market like?

As of September 2026

Typical home value

$845K

0.6%YoY

Median list price

$1.15M

0.0%MoM

Days on market

123

0.8%MoM

Homes for sale

266

8.6%MoM

Price cuts

9.3%

15.1%MoM

New listings

12.5%MoM

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

The outlook

34242 housing market forecast 2027

-1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 34242 to fall 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 34242 fell 0.6%, per the Zillow Home Value Index.

Will home prices drop in 34242?

Zillow's forecast says they may: it expects typical home values in 34242 to fall 1.3% by September 2027, after a 0.6% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 34242 home prices compare?

34242$844,567
Sarasota$394,831
Florida$344,436
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Sarasota: 13 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

The market shows modest softness in this area. There are currently 266 homes for sale with 42 new listings in September 2026. The 9.3% of listings carrying a price cut suggests sellers are adjusting expectations as absorption remains gradual. With homes staying on market for over four months on average, buyers have room to negotiate, and sellers should think carefully before listing.

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Common questions

What people ask us.

What is the typical home value in Sarasota's 34242 ZIP?

The typical home value is $844,567, down 0.6% over the past year as of September 2026.

How long do homes take to sell in 34242?

The median days on market is 123 as of September 2026.

How many homes are for sale right now in 34242?

There are 266 homes for sale as of September 2026, with 42 new listings that month.

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