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Sarasota Springs, FL

Full City Profile · Florida · Sarasota County County

3.4 /5.0
B Good
12,669 Population 4,727/sq mi density
$89,646 Median Income $42,388 per capita
$310,400 Home Value $408,978 Zillow
$2,050 Median Rent 35.5% 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
$89,646 median income, 2.0% unemployment
A+
Affordability
4.7 / 5.0
$310,400 home value, $2,050/mo rent
F
Safety
1.0 / 5.0
666 violent crimes/100K (75% above avg)
B
Education
3.1 / 5.0
26.3% bachelor's degree or higher

Housing Overview

Median Home Value
$310,400
10% above
US avg: $281,900
Median Rent
$2,050/mo
76% above
US avg: $1,163/mo
Homeownership Rate
78.7%
20% above US avg (65.4%)
Total Housing Units
5,162
Median year built: 1976

Home Value by Source

Census Median
$310,400
Zillow (ZHVI)
$408,978
Median Sale Price
$358,500
Median List Price
$365,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.7%
Owner-Occupied
21.3%
Renter-Occupied
79%
21%
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: $2,050/mo

Market Indicators (Redfin)

Median Days on Market
8 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
28.1%
of listings with price reduction
Price Per Sq Ft
$296
Active Inventory
32
homes for sale

Affordability & Housing Stock

Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
78.7%

Complete Housing Data

Home Values

Census Median Value$310,400
Zillow Home Value (ZHVI)$408,978
Median Sale Price$358,500
Median List Price$365,000
Price Per Sq Ft$296

Rent

Census Median Rent$2,050
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 Market8
Sale-to-List Ratio1.0%
Price Drops28.1%
Homes Sold16
Active Inventory32
Price Per Sq Ft$296

Ownership & Stock

Owner-Occupied78.7%
Renter-Occupied21.3%
Homeownership Rate78.7%
Total Housing Units5,162
Median Year Built1976
Rent Burden35.5%