Welcome to our 34231 real estate data hub, tailored for investors in Sarasota, FL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 34231 in Sarasota, FL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SARASOTA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Sarasota, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the Sarasota property market.
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Location Overview
- Zip Code: 34231
- City: Sarasota
- State: FL
- Metro Area: North Port-Sarasota-Bradenton, FL
- County Name: SARASOTA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $423,381
- Average Home Price (Single Family Homes): $445,843
- Average Monthly Rental Price (All Types): $2,588
- Price-to-Rent Ratio: 14
- Zillow Projected % appreciation from 4/2023-4/2024: 2.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,610
- Average 3 Bedroom Section 8 Rental Rates: $2,130
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 21.91
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.56
- Number of Units Offered in Section 8 in the County: 831
- Number of Occupied Units in Section 8 in the County: 777
- Percentage of Section 8 Units Occupied in the County: 93.59999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 414.17
- Total % Appreciation since 2000 (Government Data): 251.7
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.16%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 9.47%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 62.94%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 78.6%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 195.53%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 107%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 177.81%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.64%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 18.17%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 79.83%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 103.31%