South Gate Ridge, Sarasota, FL—34233
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$364,000
8.1% YoY Growth
Household Income
$77,000
27.2% YoY Growth
Days on Market
68
17.0% Longer YoY
Home Price Forecast
-2.6%
Median Rent
$2,400
6.9% YoY Growth
1-Bed Rent
$1,720
4.3% YoY Growth
2-Bed Rent
$1,950
5.0% YoY Growth
3-Bed Rent
$2,500
3.1% YoY Growth
Home Price Trends — South Gate Ridge, Sarasota, FL
As of May '26, the median home price in South Gate Ridge, Sarasota, FL is $364,000, with a year-over-year change of -8.1%. This indicates that home prices in South Gate Ridge, Sarasota, FL are decreasing. According to Zillow, the 1-year price projection is -2.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $364,000 | -8.1% |
| Single Family | $425,000 | -6.2% |
| Condos | $226,000 | -11.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |