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South Gate Ridge, FL

Full City Profile · Florida · Sarasota County County

3.4 /5.0
B Good
5,456 Population 3,118/sq mi density
$76,307 Median Income $48,896 per capita
$369,400 Home Value $814,438 Zillow
$1,581 Median Rent 33.4% 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
4.4 / 5.0
$76,307 median income, 2.7% unemployment
B+
Affordability
3.9 / 5.0
$369,400 home value, $1,581/mo rent
F
Safety
1.0 / 5.0
666 violent crimes/100K (75% above avg)
A
Education
4.2 / 5.0
39.6% bachelor's degree or higher

Housing Overview

Median Home Value
$369,400
31% above
US avg: $281,900
Median Rent
$1,581/mo
36% above
US avg: $1,163/mo
Homeownership Rate
66.5%
2% above US avg (65.4%)
Total Housing Units
2,629
Median year built: 1979

Home Value by Source

Census Median
$369,400
Zillow (ZHVI)
$814,438
Median Sale Price
$289,500
Median List Price
$299,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.5%
Owner-Occupied
33.5%
Renter-Occupied
67%
34%
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: $1,581/mo

Market Indicators (Redfin)

Median Days on Market
50 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
37.1%
of listings with price reduction
Price Per Sq Ft
$187
Active Inventory
35
homes for sale

Affordability & Housing Stock

Rent Burden
33.4%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
66.5%

Complete Housing Data

Home Values

Census Median Value$369,400
Zillow Home Value (ZHVI)$814,438
Median Sale Price$289,500
Median List Price$299,900
Price Per Sq Ft$187

Rent

Census Median Rent$1,581
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 Market50
Sale-to-List Ratio1.0%
Price Drops37.1%
Homes Sold6
Active Inventory35
Price Per Sq Ft$187

Ownership & Stock

Owner-Occupied66.5%
Renter-Occupied33.5%
Homeownership Rate66.5%
Total Housing Units2,629
Median Year Built1979
Rent Burden33.4%