Alta Vista, Sarasota, FL—34237
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alta Vista, Sarasota, FL
As of Oct '25, the median home price in Alta Vista, Sarasota, FL is $275,000, with a year-over-year change of -11.3%. This indicates that home prices in Alta Vista, Sarasota, FL are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $275,000 | -11.3% |
| Single Family | $328,000 | -10.1% |
| Condos | $144,000 | -20.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $115,000 | -20.1% |
2 Bed | $209,000 | -16.1% |
3 Bed | $352,000 | -9.7% |
4 Bed | $417,000 | -11.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alta Vista, Sarasota, FL
As of July '25, Rentcast reports the average rent in Alta Vista, Sarasota, FL is $2,640, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in Alta Vista, Sarasota, FL is studios: $1,440, 1-bedrooms: $1,480, 2-bedrooms: $2,090, 3-bedrooms: $4,360, 4-bedrooms: $5,550. The most common rental property sizes in Alta Vista, Sarasota, FL are 2-bedroom and 1-bedroom, accounting for 51.8% and 22.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,640 |
| Studio Rent | $1,150 | $1,440 |
| 1 Bed Rent | $1,500 | $1,480 |
| 2 Bed Rent | $1,850 | $2,090 |
| 3 Bed Rent | $3,500 | $4,360 |
| 4 Bed Rent | $4,000 | $5,550 |
% of Rental Stock
Property Listings — Alta Vista, Sarasota, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Alta Vista, Sarasota, FL is 112. This is a increase of 26.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 10.0% |
Listing Count | 110 | -9.0% |
| Listings as % of Homes | 1.2% | -9.0% |
Days on Market | 112 | 26.0% |
Demographics — Alta Vista, Sarasota, FL
As of the latest ACS Survey released in 2023, Alta Vista, Sarasota, FL has a population of 17,600, which has increased by 1.5% over the past 5 years. Alta Vista, Sarasota, FL is a moderately popular place for families, as children make up 17.2% of the population. The area has a moderately educated workforce, with 25.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,600 | 1.5% |
% Under 18 | 17.2% | 8.2% |
% Seniors | 15.8% | -19.4% |
% WFH | 8.1% | 350.0% |
% w/ College Degree | 25.6% | 18.5% |
As of the latest ACS Survey released in 2023, Alta Vista, Sarasota, FL is a predominantly white area, with 55.3% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Alta Vista, Sarasota, FL is hispanic, making up 30.0% of the population. Foreign-born residents account for 21.5% of the population in Alta Vista, Sarasota, FL, and this percentage has decreased by 19.8% 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 | 55.3% | -8.1% |
% Black | 11.3% | 39.5% |
% Hispanic | 30.0% | 3.8% |
% Asian | 1.5% | -25.0% |
% Foreign Born | 21.5% | -19.8% |
Mortgage and Risk — Alta Vista, Sarasota, FL
According to HUD data as of 2023, there were 180 mortgage originations in Alta Vista, Sarasota, FL, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Alta Vista, Sarasota, FL. Investor activity is low, as 2.0% 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 | 180 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Alta Vista, Sarasota, FL
As of 2024, the percent of homes in Alta Vista, Sarasota, FL under the Section 8 program is 3.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Alta Vista, Sarasota, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 194 |
Total Units Section 8 | 154 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,500 | $1,510 |
| 2 Bedroom | -$90 | $1,850 | $1,760 |
| 3 Bedroom | -$1,190 | $3,500 | $2,310 |
| 4 Bedroom | -$1,230 | $4,000 | $2,770 |
Affordability — Alta Vista, Sarasota, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $275,000 |
| Median Household Income | $63,100 |