Twin Lakes, Sarasota, FL—34241
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Twin Lakes, Sarasota, FL
As of Oct '25, the median home price in Twin Lakes, Sarasota, FL is $592,000, with a year-over-year change of -6.8%. This indicates that home prices in Twin Lakes, Sarasota, FL are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $592,000 | -6.8% |
| Single Family | $625,000 | -7.0% |
| Condos | $279,000 | -13.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $324,000 | -10.2% |
3 Bed | $484,000 | -8.0% |
4 Bed | $844,000 | -7.2% |
| 5 Bed | $1,046,000 | -6.2% |
% of Housing Stock
Rental Trends — Twin Lakes, Sarasota, FL
As of July '25, Rentcast reports the average rent in Twin Lakes, Sarasota, FL is $3,280, with a year-over-year rent change of -9.4%. Per bedroom, the median rent as of July '25 in Twin Lakes, Sarasota, FL is 2-bedrooms: $2,830, 3-bedrooms: $3,080, 4-bedrooms: $4,060. The most common rental property sizes in Twin Lakes, Sarasota, FL are 3-bedroom and 2-bedroom, accounting for 64.9% and 12.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,820 | $3,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,500 | $2,830 |
| 3 Bed Rent | $2,600 | $3,080 |
| 4 Bed Rent | $3,900 | $4,060 |
% of Rental Stock
Property Listings — Twin Lakes, Sarasota, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Twin Lakes, Sarasota, FL is 68. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $630,000 | -14.0% |
Listing Count | 186 | 21.0% |
| Listings as % of Homes | 1.7% | 21.0% |
Days on Market | 68 | -11.0% |
Demographics — Twin Lakes, Sarasota, FL
As of the latest ACS Survey released in 2023, Twin Lakes, Sarasota, FL has a population of 15,700, which has increased by 6.7% over the past 5 years. Twin Lakes, Sarasota, FL is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 48.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,700 | 6.7% |
% Under 18 | 19.7% | 7.7% |
% Seniors | 29.9% | 3.5% |
% WFH | 18.6% | 177.6% |
% w/ College Degree | 48.1% | 15.6% |
As of the latest ACS Survey released in 2023, Twin Lakes, Sarasota, FL is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Twin Lakes, Sarasota, FL is hispanic, making up 8.4% of the population. Foreign-born residents account for 10.5% of the population in Twin Lakes, Sarasota, FL, and this percentage has decreased by 5.4% 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 | 88.5% | -1.9% |
% Black | 0.6% | -33.3% |
% Hispanic | 8.4% | 44.8% |
% Asian | 1.1% | -52.2% |
% Foreign Born | 10.5% | -5.4% |
Mortgage and Risk — Twin Lakes, Sarasota, FL
According to HUD data as of 2023, there were 280 mortgage originations in Twin Lakes, Sarasota, FL, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Twin Lakes, Sarasota, FL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 280 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Twin Lakes, Sarasota, FL
Twin Lakes, Sarasota, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 20 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,040 |
| 2 Bedroom | -$120 | $2,500 | $2,380 |
| 3 Bedroom | $530 | $2,600 | $3,130 |
| 4 Bedroom | -$160 | $3,900 | $3,740 |
Affordability — Twin Lakes, Sarasota, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $592,000 |
| Median Household Income | $113,000 |