Port Charlotte, FL—33953
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Charlotte, FL
As of Oct '25, the median home price in Port Charlotte, FL is $317,000, with a year-over-year change of -12.0%. This indicates that home prices in Port Charlotte, FL are decreasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $317,000 | -12.0% |
| Single Family | $326,000 | -12.1% |
| Condos | $229,000 | -16.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $249,000 | -15.3% |
3 Bed | $329,000 | -12.0% |
4 Bed | $375,000 | -10.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Charlotte, FL
As of July '25, Rentcast reports the average rent in Port Charlotte, FL is $2,300, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Port Charlotte, FL is studios: $1,280, 1-bedrooms: $1,530, 2-bedrooms: $1,950, 3-bedrooms: $2,430, 4-bedrooms: $2,370. The most common rental property sizes in Port Charlotte, FL are 3-bedroom and 2-bedroom, accounting for 75.0% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,300 |
| Studio Rent | $1,280 | $1,280 |
| 1 Bed Rent | $1,500 | $1,530 |
| 2 Bed Rent | $1,850 | $1,950 |
| 3 Bed Rent | $2,120 | $2,430 |
| 4 Bed Rent | $2,300 | $2,370 |
% of Rental Stock
Property Listings — Port Charlotte, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Charlotte, FL is 75. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $368,000 | -4.0% |
Listing Count | 276 | 13.0% |
| Listings as % of Homes | 2.9% | 13.0% |
Days on Market | 75 | -11.0% |
Demographics — Port Charlotte, FL
As of the latest ACS Survey released in 2023, Port Charlotte, FL has a population of 7,020, which has increased by 1.9% over the past 5 years. Port Charlotte, FL is a less popular place for families, as children make up 10.9% of the population. The area has a moderately educated workforce, with 31.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,020 | 1.9% |
% Under 18 | 10.9% | 41.6% |
% Seniors | 46.6% | -0.4% |
% WFH | 15.4% | 14.1% |
% w/ College Degree | 31.4% | 34.2% |
As of the latest ACS Survey released in 2023, Port Charlotte, FL is a predominantly white area, with 84.7% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Port Charlotte, FL is hispanic, making up 11.8% of the population. Foreign-born residents account for 8.0% of the population in Port Charlotte, FL, and this percentage has decreased by 32.2% 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 | 84.7% | -9.4% |
% Black | 1.1% | -47.6% |
% Hispanic | 11.8% | 372.0% |
% Asian | 0.9% | -47.1% |
% Foreign Born | 8.0% | -32.2% |
Mortgage and Risk — Port Charlotte, FL
According to HUD data as of 2023, there were 629 mortgage originations in Port Charlotte, FL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Port Charlotte, FL. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 629 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 3.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Port Charlotte, FL
As of 2024, the percent of homes in Port Charlotte, FL under the Section 8 program is 3.1%. 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 Port Charlotte, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,500 | $1,640 |
| 2 Bedroom | $210 | $1,850 | $2,060 |
| 3 Bedroom | $770 | $2,120 | $2,890 |
| 4 Bedroom | $870 | $2,300 | $3,170 |
Affordability — Port Charlotte, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $317,000 |
| Median Household Income | $77,200 |