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Siesta Key CDP, FL

ZIP 34242 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 34242

Median Home Value
$995,900
Median Rent
$2,231
Affordability Snapshot
$274,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,397/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

37.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 34242 in Siesta Key CDP, FL, a household would need roughly $274,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $6,397. That is about 124% above the local median household income ($122,143), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 60% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
90.2%+38% vs US avg
x
Vacancy Rate
60.3%+485% vs US avg
x
Broadband Access
91.3%+5% vs US avg
x
4+ Bedrooms
1.3%-91% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
28.3%-43% vs US avg
x
Mortgage-Free
66.7%+75% vs US avg
x
$995,900
Home Value
$2,231
Rent
1976
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached29.9%
  • 1-unit attached9.5%
  • 2-9 units9.8%
  • 10+ units50.7%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$995,900
Median rent$2,231
Owner-occupied90.2%
Vacant60.3%
Price-to-income8.2x
Est. income to buy$274,000