How much do homeowners pay a month in South Sarasota, FL?

Homeowners with a mortgage in South Sarasota, FL pay a median of $2,856 (±$273) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,238 (±$184).

47.5% of owned homes carry a mortgage.

In South Sarasota, the median monthly cost with a mortgage went from $2,111 in 2015–2019 to $2,856 in 2020–2024 (+35.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$2,856 (±$273)
Without a mortgage
$1,238 (±$184)
Owned with a mortgage
47.5%

Monthly owner costs in South Sarasota

Median selected monthly owner costs, estimate (90% margin of error)
South SarasotaSarasota CountyFloridaUnited States
With a mortgage$2,856 (±$273)$1,976 (±$30)$1,959 (±$5)$1,963
Without a mortgage$1,238 (±$184)$783 (±$14)$673 (±$3)$638
Owned homes with a mortgage47.5% (±7.5 points)48.4% (±0.9 points)56.3% (±0.2 points)60.6%
Median real estate taxes (a year)$4,675 (±$689)$3,106 (±$64)$2,730 (±$10)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In South Sarasota, the median cost with a mortgage is higher than in Sarasota County ($1,976).

It is also higher than in Florida ($1,959).

It is higher than the national figure ($1,963).

In Sarasota County, South Sarasota ranks 2 of 28 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 98 of 830.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in South Sarasota have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$2,111 (±$199)$2,856 (±$273)+35.3%No measurable change after inflation
Median real estate taxes$3,497 (±$253)$4,675 (±$689)+33.7%No measurable change after inflation
Median home value$474,600 (±$48,498)$780,200 (±$99,789)+64.4%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near South Sarasota

Nearest places with a published estimate, compared with South Sarasota
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
South Sarasota—$2,856 (±$273)—
Siesta Key1.3 mi$3,365 (±$205)Higher
Ridge Wood Heights1.3 mi$1,908 (±$114)Lower
Southgate1.8 mi$1,870 (±$110)Lower
South Gate Ridge2.2 mi$2,195 (±$355)Lower
Gulf Gate2.5 mi$1,592 (±$207)Lower
Sarasota3.6 mi$1,927 (±$60)Lower
Bee Ridge3.7 mi$2,164 (±$251)Lower
Sarasota Springs3.8 mi$1,566 (±$98)Lower

Nearby places with a measurably lower figure: Ridge Wood Heights, FL ($1,908), Southgate, FL ($1,870), South Gate Ridge, FL ($2,195).

Nearby places with a measurably higher figure: Siesta Key, FL ($3,365).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Sarasota County, place by place

RankPlaceMedian monthly cost with a mortgage
1Siesta Key$3,365 (±$205)
2South Sarasota$2,856 (±$273)
3Laurel$2,705 (±$263)
4Osprey$2,603 (±$314)
5Old Miakka$2,392 (±$622)
6Palmer Ranch$2,388 (±$122)
7Venice$2,238 (±$139)
8South Gate Ridge$2,195 (±$355)

Showing 8 of 28 places in Sarasota County, ranked from highest to lowest.

South Sarasota is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about South Sarasota

What is the average mortgage payment in South Sarasota?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in South Sarasota, FL is $2,856 (±$273) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in South Sarasota?

Owners without a mortgage in South Sarasota pay a median of $1,238 (±$184) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in South Sarasota gone up?

In South Sarasota, the median monthly cost with a mortgage went from $2,111 in 2015–2019 to $2,856 in 2020–2024 (+35.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for South Sarasota CDP, Florida (place:67887, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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