Home prices
The median home in Sarasota is valued at $268,400. It is approximately $16,100 (6%) higher in comparison to the surrounding areas.In comparison to the country as a whole it is roughly $50,900 (23%) higher, and compared to the city of Tampa it is roughly $29,500 (12%) higher.
Rents
In Sarasota the median monthly rent is $1,134. In comparison to other places in this area this is approximately $155 (12%) lower.In comparison to the entire nation it is roughly $72 (6%) higher, and it is is very similar compared to the city of Tampa.
Nearby places
North Sarasota
North Sarasota is Sarasota's neighbor to the northeast. Housing prices there are substantially less expensive. The price of the median home in North Sarasota is $127,600, which comes out to $140,800 (110%) lower than Sarasota. The rent there is fairly similar. In North Sarasota the median rent is $1,188 per month, which is $54 (4%) higher than Sarasota.
Southgate
Southgate is Sarasota's neighbor to the southeast. Its real estate prices are similar. The median home in Southgate is valued at $256,200, which comes out to $12,200 (4%) lower than Sarasota. Rent there is a bit more expensive. The median rent in Southgate is $1,396 a month, which comes out to $262 (18%) higher than Sarasota.
Kensington Park
Kensington Park is Sarasota's neighbor to the northeast. The housing prices there are significantly less expensive. The median home value in Kensington Park is $174,400, which comes out to $94,000 (53%) lower than Sarasota. The rent there is a little more expensive. Kensington Park's median monthly rent is $1,380, which is $246 (17%) higher than Sarasota.
South Sarasota
South Sarasota is Sarasota's neighbor to the south. Its real estate prices are a lot more expensive. The median home price in South Sarasota is $474,600, which is $206,200 (43%) higher than Sarasota. Rents there are somewhat less expensive. The median rent in South Sarasota is $1,037 per month, which works out to $97 (9%) lower than Sarasota.
Desoto Lakes
Desoto Lakes is roughly 3 miles northeast from Sarasota. Real estate prices there are somewhat less expensive. The median home in Desoto Lakes is valued at $228,700, which is $39,700 (17%) lower than Sarasota. The rent there is a bit more expensive. In Desoto Lakes the median monthly rent is $1,443, which is $309 (21%) higher than Sarasota.
