Welcome to our 34242 real estate data hub, tailored for investors in Siesta Key, 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 34242 in Siesta Key, 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 Siesta Key, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the Siesta Key property market.
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Location Overview
- Zip Code: 34242
- City: Siesta Key
- 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): $971,609
- Average Home Price (Single Family Homes): $1,441,300
- Average Monthly Rental Price (All Types): $4,933
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: 2.8%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,270
- Average 3 Bedroom Section 8 Rental Rates: $3,010
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 35.67
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 26.9
- 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): 567.6
- Total % Appreciation since 2000 (Government Data): 248.48
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.03%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 9.63%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 60.15%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.04%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 123.22%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 73.58%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 122.94%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.26%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%