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NewsSarasota MagazineAugust 31, 2026Sarasota County

North Port-Sarasota-Bradenton home values remain 17 percent below 2022 peak

Home values in the North Port-Sarasota-Bradenton metropolitan area are currently 17 percent lower than their 2022 peak, marking the third-largest decline among Florida metro areas. While annual values continue to show a decrease, recent monthly data indicates a slight stabilization with a 0.3 percent increase from June to July.

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Why It Matters

Local homeowners and prospective buyers are seeing a cooling housing market where values have dropped significantly from pandemic-era highs, though they remain 41 percent higher than they were in early 2020.

Key Facts

  • Home values in the North Port-Sarasota-Bradenton metro area are 17 percent below their 2022 peak.
  • Local home values remain 41 percent higher than they were in March 2020.
  • Single-family home values fell 4.2 percent between July 2025 and July 2026.
  • Condo values fell 7.4 percent during the 12-month period ending in July 2026.
  • The metro area saw a 0.3 percent increase in home values from June to July 2026.
  • The North Port-Sarasota-Bradenton area has the third-largest decline in home values in Florida, behind Punta Gorda and Cape Coral-Fort Myers.
  • Nationally, home values rose 1.1 percent over the past year, contrasting with local declines.
  • Factors contributing to the decline include slower domestic migration, rising insurance costs, increased housing construction, and financial pressures on older condo buildings.

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