ZIP Code 34231 — Sarasota, FL Home Prices (2026)
The typical home in ZIP 34231 (Sarasota, Florida) is worth about $367,000 at roughly $306 per square foot — 4% more affordable than the Sarasota median and 25% more expensive than the typical U.S. home.
How 34231 compares
ZIP 34231 is a mid-priced ZIP code for Sarasota: its typical home value of $367,000 ranks #7 of the 12 Sarasota ZIP codes we track (the citywide range runs from $280,000 in 34234 to $1,011,000 in 34236). Per square foot it costs about $306, against $268 for Sarasota as a whole, $229 for Florida, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 34231 | $367,000 | $306 |
| Sarasota, FL | $382,500 | $268 |
| Florida | $349,000 | $229 |
| United States | $294,000 | $195 |
Home value by size in 34231
Using this ZIP’s rate of about $306 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $306,000 |
| 1,500 sq ft | $459,000 |
| 2,000 sq ft | $612,000 |
| 2,500 sq ft | $765,000 |
| 3,000 sq ft | $918,000 |
Salary needed to buy a home in ZIP 34231
To buy the typical $367,000 home in ZIP 34231 with 20% down, you need a household income of roughly $100,000 a year (about $2,330 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $119,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $18,400 | $2,900/mo | $124,000/yr |
| 10% (+PMI) | $36,700 | $2,770/mo | $119,000/yr |
| 20% | $73,400 | $2,330/mo | $100,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 34231
At about $306 per square foot, here is roughly how much home different budgets get you in ZIP 34231:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 650 sq ft | below the local median — condos, smaller or older homes |
| $250k | 820 sq ft | below the local median — condos, smaller or older homes |
| $300k | 980 sq ft | around the typical home here |
| $400k | 1310 sq ft | around the typical home here |
| $500k | 1630 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 34231 home.
Estimate a specific home in 34231
The estimator below is pre-set to ZIP 34231 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Sarasota ZIP codes by home value
Where 34231 sits among Sarasota’s 12 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 34236 | $1,011,000 | $896 |
| 2 | 34240 | $745,000 | $371 |
| 3 | 34241 | $584,000 | $270 |
| 4 | 34238 | $497,000 | $253 |
| 5 | 34239 | $497,000 | $570 |
| 6 | 34243 | $398,000 | $257 |
| 7 | 34231 (this page) | $367,000 | $306 |
| 8 | 34233 | $364,000 | $233 |
| 9 | 34232 | $360,000 | $246 |
| 10 | 34235 | $315,000 | $226 |
| 11 | 34237 | $283,000 | $266 |
| 12 | 34234 | $280,000 | $336 |
ZIP 34231 home prices: frequently asked
What is the average home price in ZIP code 34231? +
What is the price per square foot in 34231? +
What salary do you need to buy a house in ZIP 34231? +
Is 34231 an expensive ZIP code? +
See the full Sarasota home values page, all Florida cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.