Siesta Key today
What this means
The past year cost Siesta Key owners about 2.4% in value, now 18% below the Aug 2022 peak.
Rents are area estimates; check comps for the exact house. Sources and method: how these figures are built.
Quick facts
| Siesta Key | vs Sarasota County | vs Florida | |
|---|---|---|---|
| Population | 5,525 (Census survey) | ||
| Median home value | $985,800 | 139% higher | 175% higher |
| Median gross rent | $3,501 | 93% higher | 110% higher |
| Median household income | $115,854 | 39% higher | 55% higher |
| Owner occupied homes | 92.6% | +15.9 pts | +25.0 pts |
| Residents 65 and older | 53.6% | +16.1 pts | +32.3 pts |
| Average commute (minutes) | 37 | 52% higher | 33% higher |
| Homes built 2010 or later | 2% | -13.2 pts | -12.2 pts |
| Median property tax paid | $6,746 | 117% higher | 147% higher |
Census survey figures are 2020 to 2024 averages; methods.
Living in Siesta Key
Sarasota County barrier island between Roberts Bay and the Gulf, with homes, condos, shops and galleries; platted from 1907.
There is no city hall here: Siesta Key is a Census designated place, and Sarasota County sets the rules.
Known for: Siesta Beach; Crescent Beach; Turtle Beach; Siesta Key Village
Bridges to the mainland opened in 1917 and 1927.
Next to the rest of Sarasota County, homes are pricier than the county median ($985,800 vs $411,800); more homes are seasonal or vacation homes (52% vs 15.1%); Census median rent runs higher ($3,501 vs $1,818 countywide) and more of the housing is in apartment and condo buildings (53.2% vs 20%).
Closest matches on price and rent: Parkland ($983,000, $3,157), Windermere ($987,500, $3,107), Coral Gables ($1,089,900, $2,373).
Growth and housing
The Census does not publish yearly estimates for unincorporated places, so growth here is read from housing age and the county trend. Sarasota County grew 10.6% from 2020 to 2025.
Half the homes are older than 1976. Apartments and condos make up a large share: 53.2% of homes are in buildings of five or more units. Households average 1.87 people.
11.5% of residents moved in from another state in the past year (county 4.7%).
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $3,457 a year |
| Hurricanes tied to Sarasota County since 2000 | Milton (2024) |
| Coastal county | check flood zone and elevation per address |
Insurers will want a four point inspection on most older homes here (66.1% predate 1980). Inspections
Large buildings hold 45.3% of homes here; read the reserve study before buying a condo. Condo financing
Flood, storms and jobs
As an unincorporated area, Siesta Key uses Sarasota County flood rules (CRS class 5, 25% off high risk premiums). Countywide, 19.9% of homes sit in a FEMA high risk zone; the Sarasota County guide has the full flood, storm and jobs picture.
Buying a home in Siesta Key
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $547,400 |
| Conforming, one unit | $832,750 |
| Median home value here | $985,800 |
Price to income: 8.5x, compared with 4.9x for the county.
- Conventional: mortgage insurance drops off as equity builds.
- VA: veterans are 7.4% of adults.
- Jumbo: many homes here run near or past the $832,750 conforming limit.
Investing in Siesta Key
Long term rentals
| Siesta Key | vs Sarasota County | |
|---|---|---|
| Renter occupied homes | 7.4% | -15.9 pts |
| Rental vacancy | 51.9% | +45.8 pts |
| Rent as share of renter income | 38.5% | +3.5 pts |
Short term rentals
Vacation demand is real here, with 52% of homes held for seasonal use, and so is the competition.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 6% |
| State sales tax | 6% plus any county surtax |
Rules vary street by street; verify zoning and HOA limits early. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 27.2% |
| Buildings with 5+ units | 53.2% |
| Manufactured homes | 0.1% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.