34217 (Sarasota)
Housing Market & Home Values
Median sale price $91,500, down 14.6% year over year, with homes going under contract in about 69 days, 13 homes on the market.
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Housing Market Analyst
Inventory sits at 7.5 months of supply — heavy by the 3-to-6-month balanced benchmark, and 30% of listed homes are already under contract. Prices are down 14.6% versus the prior year, but sellers are still collecting 91.2% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors buyers.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 30% of inventory sits under contract.
- Mortgage sensitivity — at 5.3× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 34217 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 34217 (Sarasota)
The median sale price across 34217 currently stands at $91,500, down 14.6% from a year ago. Buyers are paying a median of $122 per square foot. The typical home goes under contract in about 69 days. Sellers are capturing 91.2% of their original asking price on average.
There are 13 active listings on the market, with 5 more already under contract. At the current sales pace that works out to 7.5 months of supply — a buyer-leaning market by the standard six-month benchmark. 21 homes closed here over the trailing 12 months.
Zillow's home value index for Pinellas County stands at $370,534. About 29% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 34217 is 34 of 100 — soft market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 5, 2026.
34217 since 2012 — and where it’s heading
A median home here sold for $148,941 in 2012 and $484,750 over the last recorded year — 225% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (200 recorded sales)
Days on market by year
Home value trend · Pinellas County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Pinellas County (MLS)
Median price · daily recalculation
What’s driving 34217
Top inbound states: NY, CA, NJ, PA. Movers arriving report ~$95,596 average income. Source: IRS SOI county-to-county migration, 2022-2023
20,791 Citizens policies in force in Pinellas County — the state-backed insurer of last resort. Budget insurance into any Pinellas purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,376 single-family · 2,822 multi-family · 4.4 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Pinellas
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 34217 ← this page | $92K | 13 | 34 | |
| 33707 | $385K | 191 | 47 | Open → |
| 33703 | $415K | 172 | 56 | Open → |
| 33708 | $530K | 171 | 38 | Open → |
| 33767 | $742K | 171 | 39 | Open → |
| 33701 | $1.65M | 165 | 68 | Open → |
Neighborhoods on the move
| Tradewinds CondoClearwater | $92K | 10 |
| Waters Edge CondoClearwater | $890K | 3 |
| Tradewinds CondoClearwater | $92K | 77 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 34217 right now?
The data says conditions currently favor buyers in 34217 — the Momentum Score reads 34/100 with 7.5 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 34217 becoming more affordable?
Yes, modestly — the median sale price in 34217 is $91,500, down 14.6% versus the prior year, while sellers still capture 91.2% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Which 34217 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Tradewinds Condo (77 days) — homes there go under contract well ahead of the market-wide pace of 69 days.
34217 (Sarasota) housing market FAQ
How is the housing market in 34217 right now?
As of October 5, 2026, the 34217 housing market favors buyers: the median sale price is $91,500 (down 14.6% year over year), 13 homes are for sale against 21 sales in the last 12 months, which is 7.5 months of supply, and the typical home goes under contract in about 69 days.
How much is a house in 34217?
The median home sold for $91,500 in 34217 over the last 12 months, about $122 per square foot; asking prices on the 13 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in 34217?
By the numbers, sellers in 34217 are getting 91.2% of asking price and going under contract in about 69 days with 7.5 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 34217 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 34217 median sale prices are down 14.6% year over year, inventory stands at 7.5 months of supply, and 30% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 34217?
The median sale price in 34217 is currently $91,500, down 14.6% from a year ago, based on MLS sales data updated October 5, 2026.
Is 34217 a buyer's or seller's market right now?
The data currently favors buyers. 34217 scores 34 of 100 on the Momentum Score, with 7.5 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 34217?
The typical home in 34217 goes under contract in about 69 days, per current MLS data.
How many homes are for sale in 34217?
There are approximately 13 active listings in 34217 as of October 5, 2026.
Are home prices in 34217 rising or falling?
Median sale prices are down 14.6% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 34217 (Sarasota). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: October 5, 2026 at 1:44 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.