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Gulf Gate, FL

Full City Profile · Florida · Sarasota County County

3.0 /5.0
B Good
8,317 Population 4,179/sq mi density
$64,724 Median Income $45,730 per capita
$344,500 Home Value $814,438 Zillow
$1,661 Median Rent 44.6% income on rent
74°F Avg Temperature 330 sunny days/yr
666 Violent Crime/100K 4,731 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$64,724 median income, 3.0% unemployment
B+
Affordability
3.7 / 5.0
$344,500 home value, $1,661/mo rent
F
Safety
1.0 / 5.0
666 violent crimes/100K (75% above avg)
B+
Education
3.6 / 5.0
32.8% bachelor's degree or higher

Housing Overview

Median Home Value
$344,500
22% above
US avg: $281,900
Median Rent
$1,661/mo
43% above
US avg: $1,163/mo
Homeownership Rate
61.2%
6% below US avg (65.4%)
Total Housing Units
4,600
Median year built: 1973

Home Value by Source

Census Median
$344,500
Zillow (ZHVI)
$814,438
Median Sale Price
$382,500
Median List Price
$482,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.2%
Owner-Occupied
38.8%
Renter-Occupied
61%
39%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,661/mo

Market Indicators (Redfin)

Median Days on Market
49 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
10
Price Drops
46.5%
of listings with price reduction
Price Per Sq Ft
$239
Active Inventory
43
homes for sale

Affordability & Housing Stock

Rent Burden
44.6%
of renters spending 30%+ of income on housing
44% above US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
61.2%

Complete Housing Data

Home Values

Census Median Value$344,500
Zillow Home Value (ZHVI)$814,438
Median Sale Price$382,500
Median List Price$482,450
Price Per Sq Ft$239

Rent

Census Median Rent$1,661
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market49
Sale-to-List Ratio0.9%
Price Drops46.5%
Homes Sold10
Active Inventory43
Price Per Sq Ft$239

Ownership & Stock

Owner-Occupied61.2%
Renter-Occupied38.8%
Homeownership Rate61.2%
Total Housing Units4,600
Median Year Built1973
Rent Burden44.6%