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Neighborhood · Sarasota, Florida

The Settlement

An easygoing pocket in Sarasota's mid-city

2

Homes for sale

$542,000

Median list price

$337

Avg price / sqft

70

Median days on market

Search The Settlement on the map

The Settlement sits in the everyday heart of Sarasota, close enough to the coast and downtown that you feel connected without the resort-town price tag of the barrier islands. It's the kind of neighborhood where a pool home on a normal-sized lot still makes sense, and where you can be in Arlington Park or the Rosemary District in minutes. If your weekends drift toward the water, the beaches of Lido Key and the bayfront calm of Indian Beach / Sapphire Shores are both an easy reach.

Inventory here is genuinely thin — there's currently a single active listing at $598,000, so buyers should be ready to move when the right home appears. Over the past year just three homes sold, at a median of $525,000, with sellers landing about 94% of asking. That combination of low supply and measured pricing means you'll want a clear plan and a fast, informed offer; browse the wider pool of Sarasota homes for sale to keep your options open.

The Settlement is a community in Sarasota, Florida.

Quick facts

$499,000 – $585K price range

1,630 sqft median home

$39/mo median HOA

1 sold in 12 months

Drive times

Downtown Tampa≈ 59 min
Tampa Int’l Airport (TPA)≈ 68 min

On the market now

Homes for sale in The Settlement

Every active listing inside the The Settlement boundary

Open full map search →

Find your fit

Browse The Settlement

By feature — on the live map

Where the market lives

1
1
$400K–$500K$500K–$750K

The numbers that matter

The The Settlement market

1

Sold, last 12 months

$580,000

Median sold price

94%

Sale-to-list ratio

What sellers actually get vs asking

21 days

Median time to sell

The Settlement vs Sarasota

Median list price

The Settlement$542K
Sarasota Co.$550K

Price per sqft

The Settlement$337
Sarasota Co.$485

Days on market

The Settlement70d
Sarasota Co.85d

Median sold price — 3-yr, 3-mo rolling

▼ 27.7% yr/yr

$470K$560K$650KNov ’23Sep ’25

Homes sold per month

011Nov ’23Sep ’25

Live Stellar MLS data — every listing and closed sale inside the The Settlement boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools The Settlement is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median The Settlement home

≈ $3,417/mo

Principal & interest $2,856
Property tax $312
HOA / fees $39
Insurance (est.) $210

$542,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$39/mo

Median HOA

From current listings inside the boundary

Population

846

Median age

45

Median income

$54,357

Median home value

$318,500

Beyond the listings

Living in The Settlement

Hobbies & Interests

Top 10% in the U.S.

Animal Advocates

Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.

Hobbies & Interests

Top 11% in the U.S.

Dog Lovers

Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.

Entertainment

Top 14% in the U.S.

Live & Local Music

This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.

Relationships

Top 22% in the U.S.

Love & Romance

Love is in the air when this population is present. Includes people expressing their feelings for significant others in special ways. Common activities include anniversaries and date nights.

Entertainment

Top 22% in the U.S.

Live Experiences

When it comes to entertainment, this population is looking for the ultimate experience. Whether it's a charity fundraiser or a concert, elements such as lights, sounds, and merchandise are critical for a good time.

Beliefs

Top 24% in the U.S.

Local Engagement

These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.

Straight answers

The Settlement FAQs

Is The Settlement a good place to live?+

It's a practical, well-located pocket of Sarasota with easy access to Arlington Park, downtown, and the Gulf beaches. Assigned schools include Fruitville Elementary, McIntosh Middle, and Sarasota High. If you want everyday Sarasota living without island prices, it fits.

Is The Settlement expensive?+

It's moderate for Sarasota — the median list price is $598,000 and last year's median sold price was $525,000. Homes average around $398 per square foot on a median size near 1,503 square feet, which is reasonable given the location. Compared with waterfront neighborhoods like Lido Key, it's an easier entry point.

What do homes cost in The Settlement?+

The one active listing is priced at $598,000, and over the past 12 months three homes sold at a median of $525,000. Expect roughly $398 per square foot, with a typical home around 1,503 square feet.

How is the market right now?+

It's a low-inventory market with just one active listing, so options are limited and timing matters. Homes have taken a median of 67 days to sell, and sellers are getting about 94% of asking on average. That points to a market where sharp offers still have room to negotiate.

What about HOA fees and property taxes?+

The median HOA here is about $39 per month, which is light and keeps monthly costs down. Median property taxes run around $4,635 per year. Together they make the overall cost of ownership fairly predictable for a Sarasota neighborhood.

Keep exploring

More Sarasota neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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