34240 Home Values & Market Trends

There are 788 homes currently listed for 34240. 34240 real estate market trends show that home prices range from $289,900 to $4,886,000, and the median sales price in the 34240 zip code is $794,162. The total number of properties sold within the past twelve months is 700. In 34240, 29 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 34240

Sep 2025September 2026Change
Median Listing Price$850K$789K-7.18%
Median Sold Price$713K$853.8K19.74%
Homes For Sale42877881.78%
Homes Sold236190-19.49%
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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 34240

The median list price of a home in Sarasota, is $794,162. A total of 788 properties are for sale, and the percentage of properties for sale in the zip code is 788.00%. The total count of 34240 properties is 1,027.

Foreclosure
There are 2 cities within 34240; within these cities, the median estimated home value for homes in foreclosure ranges from $13,985,312 in sarasota to the lowest value of $75,000 in sarasota. Foreclosure homes account for 2.00% of properties in 34240 with sarasota containing 726 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.73% of all residential properties in 34240 with sarasota containing 682 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 34240; of those cities, the estimated home value for pre-foreclosure homes ranges from $13,985,312 in sarasota to the lowest home value of $75,000 in sarasota.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 34240 ranges from the highest value of $2,334,691 in sarasota to the lowest value of $80,000 in sarasota. Bank owned homes and properties account for 0.10% of properties in 34240. There are 2 cities within 34240; sarasota containing 20 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 34240. Auction homes and other auction properties account for 0% of all properties in 34240. There are 2 cities within 34240; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 76.73% of residential properties in 34240 with sarasota containing 8105 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 34240; homes for sale in those cities, have a range of median values from $26,400,000 in sarasota to the lowest value of $39,612 in sarasota.
    Sold Homes
    The median value for recently sold homes ranges from $18,366,920 in sarasota to the lowest price of $43,628 in sarasota. There are 2 cities within 34240. sarasota has 2901 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 17.62% of properties in 34240.

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      Guide for 34240

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.