Home prices
The cost of the median home in South Sarasota is $474,600. In comparison to nearby areas this is roughly $141,760 (42%) higher.In comparison to the United States as a whole it is roughly $257,100 (118%) higher, and compared to the city of Tampa is roughly $235,700 (98%) higher.
Rents
South Sarasota's median monthly rent is $1,037. It is about $303 (22%) lower compared to nearby areas.It is roughly $25 (2%) lower in comparison to the rest of the nation, and in comparison to the city of Tampa is roughly $94 (8%) lower.
Nearby places
Ridge Wood Heights
Ridge Wood Heights is South Sarasota's neighbor to the east. The housing prices there are substantially less expensive. Ridge Wood Heights's median home cost is $221,600, which is $253,000 (114%) lower than South Sarasota. Its rents are somewhat more expensive. Ridge Wood Heights's median rent is $1,135 per month, which works out to $98 (8%) higher than South Sarasota.
Siesta Key
Siesta Key is South Sarasota's neighbor to the southwest. Its housing prices are substantially more expensive. The median home price in Siesta Key is $715,000, which is $240,400 (33%) higher than South Sarasota. Its rents are significantly more expensive. Siesta Key's median rent is $1,730 per month, which comes out to $693 (40%) higher than South Sarasota.
Southgate
Southgate is South Sarasota's neighbor to the northeast. Its real estate prices are substantially less expensive. The median home in Southgate costs $256,200, which is $218,400 (85%) lower than South Sarasota. Its rents are a little more expensive. Southgate's median rent is $1,396 per month, which works out to $359 (25%) higher than South Sarasota.
South Gate Ridge
South Gate Ridge is roughly 2 miles east from South Sarasota. Its real estate prices are a lot less expensive. The median home in South Gate Ridge is valued at $247,200, which comes out to $227,400 (91%) lower than South Sarasota. The rent there is somewhat more expensive. The median rent in South Gate Ridge is $1,232 a month, which is $195 (15%) higher than South Sarasota.
Gulf Gate Estates
Gulf Gate Estates is approximately 2 miles southeast from South Sarasota. Housing prices there are a lot less expensive. The median home in Gulf Gate Estates costs $224,200, which works out to $250,400 (111%) lower than South Sarasota. Its rents are a bit more expensive. The median rent in Gulf Gate Estates is $1,206 per month, which comes out to $169 (14%) higher than South Sarasota.
