HousingHandbookReference data

U.S. ZIP Code · FL34242

Sarasota County · North Port-Bradenton-Sarasota, FL

Typical home value

$835,714[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-7.2%
5-year / yr
+3.2%
10-year / yr
+3.7%

Relative price

vs U.S.
+194.2%
vs metro
+115.4%
vs state
+141.0%
ZIP 34242 location in FL
Location of ZIP 34242 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 34242 is worth $835,714 — 115.4% above the North Port-Bradenton-Sarasota, FL median. Over the past year, values have fallen 7.2%. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$5,228[3]

#Climate risk

FEMA National Risk Index ratings for Sarasota County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively High
Wildfire
Relatively Moderate
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Very High
Tornado
Relatively High
Earthquake
Very Low
Winter weather
No Rating

#Who lives here

Population
7,529[3]
Median household income
$115,967[3]

#Migration

Household moves in and out of Sarasota County over a year, from IRS tax-return data.

Net migration
+1,777[5]
Moved in
18,179
Moved out
16,402

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$4,226
Loan principal$668,571
Down payment$167,143
Total interest paid$852,726

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$5,361
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
10th percentile[1]
Rental yield
[2]
Property tax
14th percentile[3]

Frequently asked

How much is a home worth in ZIP code 34242?
The typical home in 34242 is worth $835,714, based on the Zillow Home Value Index.
Are home values rising in 34242?
Home values in 34242 are down 7.2% over the past year, and up 3.2% a year over five years.
What is the property tax rate in 34242?
The effective property tax rate in 34242 is 0.6% — roughly $5,228 a year on a typical home.
Who lives in 34242?
ZIP code 34242 has a population of 7,529 and a median household income of $115,967.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Holmes Beach, FL

    Typical home
    $854,295
    Gross yield
  • Cortez CDP, FL

    Typical home
    $753,662
    Gross yield
  • Lakewood Ranch CDP, FL

    Typical home
    $751,575
    Gross yield
    3.7%
  • FL

    Typical home
    $748,648
    Gross yield
  • Longboat Key, FL

    Typical home
    $964,041
    Gross yield
  • Lakewood Ranch CDP, FL

    Typical home
    $663,118
    Gross yield
    4.0%

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