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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 Type1.20%
One Bedroom13%
Two Bedrooms33.60%
Three Bedrooms37.10%
Four Bedrooms12.30%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1975
Median Value of occupied units$181,600
Median Price asked for vacant units$99,000

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1969
Median Monthly Rent asked for vacant units$682

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage3.60%
Home Equity Loan11.40%
Simple Mortgage46.40%
Debt Free38.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%