Cherokee Park, Sarasota County, FL

Median Home Price Price

$2,830,292 $2.8M

Median Monthly Rent Rent

$1,853 $1.9K

127.0x

Market Snapshot

Cherokee Park, Sarasota County, FL is a neighborhood market with a median home price of $2,830,292, a median monthly rent of $1,853, a GRM of 127.0x, and a price-to-rent ratio of 127.3.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

01 McClellan Park, Sarasota County, FL
Top recommendation Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $2M
Rent $2K
GRM 84.0x
Explore the data
Region Show
McClellan Park
$2.02M $2.0K 84.0x
Bird Key Explore deeper
$3.27M $2.4K 112.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Olympus, Palm Beach County, FL Explore deeper
$2.37M $2.7K 73.0x
Pretty Bayou, Bay County, FL
$347K $1.7K 17.0x
Las Olas Isles, Broward County, FL Explore deeper
$3.19M $2.7K 98.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Downtown, Weber County, UT Explore deeper
$301K $1.6K 16.0x
Andreas Hills, Riverside County, CA
$2.22M $2.0K 91.0x
Greenwich, Philadelphia County, PA
$249K $1.9K 11.0x

Home prices

Monthly rent

GRM = home price / annual rent

Cherokee Park

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Benchmark comparison

Rent in Cherokee Park, FL is 6.3% lower than McClellan Park, FL.

Compare to McClellan Park, FL
Cherokee Park, FL
McClellan Park, FL
Delta
Median rent
$1,853
$1,978
+$125
Median price
$2,830,292
$2,018,319
-$811,973
YoY change
+$53
+$4
-$49
Price-to-rent
127.3x
85.0x
-42.3x

Key takeaways

  • Cherokee Park, Sarasota County, FL has a higher-grm screening profile: At 127.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $53 year over year.
  • Rent in Cherokee Park, FL is 6.3% lower than McClellan Park, FL.