Fruitville, Sarasota, FL—34232
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fruitville, Sarasota, FL
As of Oct '25, the median home price in Fruitville, Sarasota, FL is $356,000, with a year-over-year change of -8.8%. This indicates that home prices in Fruitville, Sarasota, FL are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $356,000 | -8.8% |
| Single Family | $373,000 | -8.8% |
| Condos | $170,000 | -17.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $125,000 | -18.3% |
2 Bed | $259,000 | -11.9% |
3 Bed | $386,000 | -8.5% |
4 Bed | $475,000 | -8.5% |
| 5 Bed | $583,000 | -7.5% |
% of Housing Stock
Rental Trends — Fruitville, Sarasota, FL
As of July '25, Rentcast reports the average rent in Fruitville, Sarasota, FL is $2,470, with a year-over-year rent change of -6.8%. Per bedroom, the median rent as of July '25 in Fruitville, Sarasota, FL is 1-bedrooms: $1,800, 2-bedrooms: $2,130, 3-bedrooms: $2,690, 4-bedrooms: $3,130. The most common rental property sizes in Fruitville, Sarasota, FL are 2-bedroom and 3-bedroom, accounting for 45.0% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,310 | $2,470 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,690 | $1,800 |
| 2 Bed Rent | $1,950 | $2,130 |
| 3 Bed Rent | $2,500 | $2,690 |
| 4 Bed Rent | $2,800 | $3,130 |
% of Rental Stock
Property Listings — Fruitville, Sarasota, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Fruitville, Sarasota, FL is 94. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $352,000 | -7.0% |
Listing Count | 224 | 6.0% |
| Listings as % of Homes | 0.7% | 6.0% |
Days on Market | 94 | 31.0% |
Demographics — Fruitville, Sarasota, FL
As of the latest ACS Survey released in 2023, Fruitville, Sarasota, FL has a population of 34,800, which has remained stable by 0.4% over the past 5 years. Fruitville, Sarasota, FL is a moderately popular place for families, as children make up 17.6% of the population. The area has a moderately educated workforce, with 34.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,800 | 0.4% |
% Under 18 | 17.6% | 2.3% |
% Seniors | 25.1% | 10.1% |
% WFH | 12.1% | 128.3% |
% w/ College Degree | 34.3% | 19.5% |
As of the latest ACS Survey released in 2023, Fruitville, Sarasota, FL is a predominantly white area, with 79.0% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Fruitville, Sarasota, FL is hispanic, making up 12.9% of the population. Foreign-born residents account for 12.7% of the population in Fruitville, Sarasota, FL, and this percentage has decreased by 4.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.0% | -0.3% |
% Black | 3.8% | 90.0% |
% Hispanic | 12.9% | -18.4% |
% Asian | 1.5% | -11.8% |
% Foreign Born | 12.7% | -4.5% |
Mortgage and Risk — Fruitville, Sarasota, FL
According to HUD data as of 2023, there were 607 mortgage originations in Fruitville, Sarasota, FL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Fruitville, Sarasota, FL. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 607 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Fruitville, Sarasota, FL
As of 2024, the percent of homes in Fruitville, Sarasota, FL under the Section 8 program is 2.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Fruitville, Sarasota, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 112 |
Total Units Section 8 | 112 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 85.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,690 | $1,710 |
| 2 Bedroom | $50 | $1,950 | $2,000 |
| 3 Bedroom | $130 | $2,500 | $2,630 |
| 4 Bedroom | $350 | $2,800 | $3,150 |
Affordability — Fruitville, Sarasota, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $356,000 |
| Median Household Income | $81,000 |