Punta Gorda, FL—33950
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Punta Gorda, FL
As of Oct '25, the median home price in Punta Gorda, FL is $370,000, with a year-over-year change of -16.2%. This indicates that home prices in Punta Gorda, FL are decreasing. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $370,000 | -16.2% |
| Single Family | $475,000 | -15.8% |
| Condos | $246,000 | -19.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $122,000 | -23.3% |
2 Bed | $229,000 | -19.6% |
3 Bed | $502,000 | -15.6% |
4 Bed | $638,000 | -13.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Punta Gorda, FL
As of July '25, Rentcast reports the average rent in Punta Gorda, FL is $2,750, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in Punta Gorda, FL is studios: $1,370, 1-bedrooms: $1,300, 2-bedrooms: $2,510, 3-bedrooms: $3,140, 4-bedrooms: $2,930. The most common rental property sizes in Punta Gorda, FL are 2-bedroom and 3-bedroom, accounting for 47.9% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,750 |
| Studio Rent | $1,370 | $1,370 |
| 1 Bed Rent | $1,250 | $1,300 |
| 2 Bed Rent | $2,000 | $2,510 |
| 3 Bed Rent | $2,650 | $3,140 |
| 4 Bed Rent | $2,500 | $2,930 |
% of Rental Stock
Property Listings — Punta Gorda, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Punta Gorda, FL is 111. This is a increase of 30.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $473,000 | -7.0% |
Listing Count | 571 | 31.0% |
| Listings as % of Homes | 1.4% | 31.0% |
Days on Market | 111 | 30.0% |
Demographics — Punta Gorda, FL
As of the latest ACS Survey released in 2023, Punta Gorda, FL has a population of 24,500, which has increased by 11.2% over the past 5 years. Punta Gorda, FL is a less popular place for families, as children make up 10.0% of the population. The area has a moderately educated workforce, with 36.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,500 | 11.2% |
% Under 18 | 10.0% | 51.5% |
% Seniors | 49.3% | -9.0% |
% WFH | 17.7% | 14.9% |
% w/ College Degree | 36.3% | 0.3% |
As of the latest ACS Survey released in 2023, Punta Gorda, FL is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Punta Gorda, FL is black, making up 5.0% of the population. Foreign-born residents account for 7.0% of the population in Punta Gorda, FL, and this percentage has decreased by 18.6% 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 | 86.2% | -3.7% |
% Black | 5.0% | 257.1% |
% Hispanic | 4.1% | -34.9% |
% Asian | 1.2% | 9.1% |
% Foreign Born | 7.0% | -18.6% |
Mortgage and Risk — Punta Gorda, FL
According to HUD data as of 2023, there were 403 mortgage originations in Punta Gorda, FL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Punta Gorda, FL. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 403 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 5.0% |
% Second Loans | 20.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Punta Gorda, FL
As of 2024, the percent of homes in Punta Gorda, FL under the Section 8 program is 5.7%. 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. In Punta Gorda, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 304 |
Total Units Section 8 | 112 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,250 | $1,230 |
| 2 Bedroom | -$450 | $2,000 | $1,550 |
| 3 Bedroom | -$480 | $2,650 | $2,170 |
| 4 Bedroom | -$120 | $2,500 | $2,380 |
Affordability — Punta Gorda, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $370,000 |
| Median Household Income | $74,500 |