34231 — Sarasota County, Florida Market Snapshot
Housing market data for zip code 34231 in Sarasota County, Florida. Updated monthly with median prices, days on market, and more.
Market Sales Data
58 sales in 2026 (year to date)
Median Sale Price
$348,750
Days to Sell
93
Homes Sold
58
Inventory
117
Sale-to-List
93.8%
New Listings
84
Price/SqFt
$272
Pending Sales
46
Conforming Loan Available
Most homebuyers in 34231 can comfortably use conventional financing. The median home price of $348,750 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 93 days on average, 34231 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 34231 sells for 6.2% below asking price (93.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 34231 can comfortably use conventional financing. The median home price of $348,750 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 34231 are set at the county level.
2026 Loan Limits — Sarasota County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $547,400 |
| 2 Units | $1,066,250 | $700,750 |
| 3 Units | $1,288,800 | $847,050 |
| 4 Units | $1,601,750 | $1,052,700 |
Affordability Snapshot — Zip 34231
To purchase the median home at $348,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,822.
Monthly Payment
$2,822
Income Required
$120,943
Principal & Interest
$2,149/mo
Down Payment (5%)
$17,438
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 34231.
Estimated Monthly Payment
$2,308
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