Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Sarasota Springs

Learn about the people, housing, costs and businesses in Sarasota Springs, Florida

Median Home$347,536
Median Rent$2,144/month
Population12,533
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services17% healthcare
Home Value Growth+3.4% over 2 years
Young Adults25% of residents
Homeowners80% of occupied units
NotableHighly Educated26% bachelor's · 14% graduate · top 16% nationally
NotableHigh Incomes$92k/year · top 23% nationally
Sarasota Springs
FL

Explore Sarasota Springs

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Sarasota Springs?

As of today, the 30-year fixed mortgage rate for Sarasota Springs is approximately 6.857% (6.892% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Sarasota Springs
What is the median home price in Sarasota Springs?

The median home value in Sarasota Springs is $348k. The median monthly rent is $2,144. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sarasota Springs?

Home values in Sarasota Springs have increased 3.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sarasota Springs?

Based on a typical all-in ownership cost of $1,372/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sarasota Springs is $92k/year.

Calculate your buying power
What industries drive the economy in Sarasota Springs?

The largest employment sectors in Sarasota Springs are public administration (22%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.