South Sarasota, FL Real Estate
According to census data in the year 2000 there were 2,699 housing units in South Sarasota.
This represents a 0.6% growth from 2,684 in 1990.
Of those housing units, 2,699 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in South Sarasota is about 78.7%.
South Sarasota's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in South Sarasota were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 13% |
| Two Bedrooms | 33.60% |
| Three Bedrooms | 37.10% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $181,600 |
| Median Price asked for vacant units | $99,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $682 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 11.40% |
| Simple Mortgage | 46.40% |
| Debt Free | 38.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
