34242 Home Values & Market Trends

There are 147 homes currently listed for 34242. 34242 real estate market trends show that home prices range from $299,900 to $21,000,000, and the median sales price in the 34242 zip code is $1,023,618.48. The total number of properties sold within the past twelve months is 572. In 34242, 30 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

Housing Market Summary for 34242

Apr 2023March 2024Change
Median Listing Price$1.6M$953.3K-41.96%
Median Sold Price$1M$953.3K-6.21%
Homes For Sale10214946.08%
Homes Sold33740118.99%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 34242

The median list price of a home in Sarasota, is $1,023,618.48. A total of 147 properties are for sale, and the percentage of properties for sale in the zip code is 147.00%. The total count of 34242 properties is 9,785.

Foreclosure
There are 2 cities within 34242; within these cities, the median estimated home value for homes in foreclosure ranges from $26,115,827 in sarasota to the lowest value of $120,262 in sarasota. Foreclosure homes account for 0.00% of properties in 34242 with sarasota containing 554 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% of all residential properties in 34242 with sarasota containing 531 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 34242; of those cities, the estimated home value for pre-foreclosure homes ranges from $26,115,827 in sarasota to the lowest home value of $120,262 in sarasota.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 34242 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 34242. There are 2 cities within 34242; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    sarasota has 16 auction properties, the highest number of properties going to auction in a single city in the state of 34242. Auction homes and other auction properties account for 0.02% of all properties in 34242. There are 2 cities within 34242; of those cities, the median estimated home value for homes going to auction ranges from $1,495,000 in sarasota to the lowest value of $231,903 in sarasota.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.50% of residential properties in 34242 with sarasota containing 1350 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 34242; homes for sale in those cities, have a range of median values from $21,000,000 in sarasota to the lowest value of $120,000 in sarasota.
    Sold Homes
    The median value for recently sold homes ranges from $28,500,000 in sarasota to the lowest price of $46,274 in sarasota. There are 2 cities within 34242. sarasota has 4409 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 4.25% of properties in 34242.

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      Guide for 34242

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
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      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      Jacksonville, FL: Real Estate Market Trends 2023
      See More Articles
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.