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Lake Sarasota, FL

Full City Profile · Florida · Sarasota County County

3.4 /5.0
B Good
3,802 Population 5,675/sq mi density
$98,689 Median Income $41,044 per capita
$337,700 Home Value $661,648 Zillow
$1,858 Median Rent 25.2% income on rent
74°F Avg Temperature 330 sunny days/yr
666 Violent Crime/100K 4,731 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$98,689 median income, 2.3% unemployment
A+
Affordability
4.8 / 5.0
$337,700 home value, $1,858/mo rent
F
Safety
1.0 / 5.0
666 violent crimes/100K (75% above avg)
B
Education
3.3 / 5.0
28.2% bachelor's degree or higher

Housing Overview

Median Home Value
$337,700
20% above
US avg: $281,900
Median Rent
$1,858/mo
60% above
US avg: $1,163/mo
Homeownership Rate
70.3%
7% above US avg (65.4%)
Total Housing Units
1,340
Median year built: 1985

Home Value by Source

Census Median
$337,700
Zillow (ZHVI)
$661,648
Median Sale Price
$395,000
Median List Price
$417,499
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.3%
Owner-Occupied
29.7%
Renter-Occupied
70%
30%
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: $1,858/mo

Market Indicators (Redfin)

Median Days on Market
59 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
6
Price Drops
42.9%
of listings with price reduction
Price Per Sq Ft
$263
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
25.2%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
70.3%

Complete Housing Data

Home Values

Census Median Value$337,700
Zillow Home Value (ZHVI)$661,648
Median Sale Price$395,000
Median List Price$417,499
Price Per Sq Ft$263

Rent

Census Median Rent$1,858
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 Market59
Sale-to-List Ratio0.9%
Price Drops42.9%
Homes Sold6
Active Inventory7
Price Per Sq Ft$263

Ownership & Stock

Owner-Occupied70.3%
Renter-Occupied29.7%
Homeownership Rate70.3%
Total Housing Units1,340
Median Year Built1985
Rent Burden25.2%