Port Charlotte, FL 33948 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Port Charlotte, FL—33948

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$261,000

11.7% YoY Growth

Household Income

$60,800

34.5% YoY Growth

Days on Market

87

1.0% Shorter YoY

Home Price Forecast

-1.9%

Median Rent

$1,940

8.2% YoY Growth

1-Bed Rent

$1,100

N/A

2-Bed Rent

$1,640

11.6% YoY Growth

3-Bed Rent

$2,100

5.8% YoY Growth

Other Zip Codes in Port Charlotte, FL

33980 33981 33953 33954 33952 33946

Home Price Trends — Port Charlotte, FL

As of Dec '25, the median home price in Port Charlotte, FL is $261,000, with a year-over-year change of -11.7%. This indicates that home prices in Port Charlotte, FL are decreasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$261,000	-11.7%
Single Family	$272,000	-11.4%
Condos	$139,000	-15.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Port Charlotte, FL

As of July '25, Rentcast reports the average rent in Port Charlotte, FL is $2,240, with a year-over-year rent change of -8.2%. Per bedroom, the median rent as of July '25 in Port Charlotte, FL is 1-bedrooms: $1,190, 2-bedrooms: $1,980, 3-bedrooms: $2,420, 4-bedrooms: $2,520. The most common rental property sizes in Port Charlotte, FL are 3-bedroom and 2-bedroom, accounting for 49.5% and 38.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,940	$2,240
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,190
2 Bed Rent	$1,640	$1,980
3 Bed Rent	$2,100	$2,420
4 Bed Rent	$2,300	$2,520

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% of Rental Stock

1 Bedroom

11.3%

2 Bedrooms

38.0%

3 Bedrooms

49.5%

4 Bedrooms

1.1%

Property Listings — Port Charlotte, FL

As of Dec '25, Realtor.com reports that the median days on market for a home in Port Charlotte, FL is 88. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$335,000	-4.0%
Listing Count	297	-7.0%
Listings as % of Homes	1.7%	-7.0%
Days on Market	87	-1.0%

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Demographics — Port Charlotte, FL

As of the latest ACS Survey released in 2023, Port Charlotte, FL has a population of 18,700, which has increased by 14.5% over the past 5 years. Port Charlotte, FL is a less popular place for families, as children make up 11.8% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,700	14.5%
% Under 18	11.8%	-14.5%
% Seniors	38.5%	12.2%
% WFH	18.0%	172.7%
% w/ College Degree	19.9%	-2.9%

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As of the latest ACS Survey released in 2023, Port Charlotte, FL is a predominantly white area, with 78.8% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Port Charlotte, FL is black, making up 7.0% of the population. Foreign-born residents account for 10.8% of the population in Port Charlotte, FL, and this percentage has decreased by 16.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	78.8%	-1.7%
% Black	7.0%	-2.8%
% Hispanic	6.6%	-25.8%
% Asian	2.2%	57.1%
% Foreign Born	10.8%	-16.3%

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Mortgage and Risk — Port Charlotte, FL

According to HUD data as of 2023, there were 348 mortgage originations in Port Charlotte, FL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Port Charlotte, FL. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	348
% Conventional Loans	66.0%
% Government Loans	34.0%
% Investor Loans	2.0%
% Second Loans	7.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Port Charlotte, FL

As of 2024, the percent of homes in Port Charlotte, FL under the Section 8 program is 3.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Port Charlotte, FL, because HUD payments exceed market rent, while 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD	39
Total Units Section 8	39
% Rentals under Section 8	3.4%
% Occupied Section 8	94.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$120	$1,100	$1,220
2 Bedroom	-$100	$1,640	$1,540
3 Bedroom	$60	$2,100	$2,160
4 Bedroom	$70	$2,300	$2,370