Palmer Ranch, Sarasota, FL—34238
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$498,000
7.0% YoY Growth
Household Income
$94,600
30.6% YoY Growth
Days on Market
72
2.0% Shorter YoY
Home Price Forecast
-2.6%
Median Rent
$2,800
0.6% YoY Growth
1-Bed Rent
$1,550
7.6% YoY Growth
2-Bed Rent
$2,500
0.6% YoY Growth
3-Bed Rent
$2,900
1.5% YoY Growth
Home Price Trends — Palmer Ranch, Sarasota, FL
As of May '26, the median home price in Palmer Ranch, Sarasota, FL is $498,000, with a year-over-year change of -7.0%. This indicates that home prices in Palmer Ranch, 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 | $498,000 | -7.0% |
| Single Family | $592,000 | -6.2% |
| Condos | $271,000 | -8.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |