Punta Gorda, FL—33955
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 $334,000, with a year-over-year change of -11.7%. This indicates that home prices in Punta Gorda, FL are decreasing. According to Zillow, the 1-year price projection is -2.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $334,000 | -11.7% |
| Single Family | $349,000 | -11.4% |
| Condos | $297,000 | -13.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $257,000 | -15.5% |
3 Bed | $387,000 | -10.6% |
4 Bed | $388,000 | -9.6% |
| 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 $3,480, with a year-over-year rent change of -2.2%. Per bedroom, the median rent as of July '25 in Punta Gorda, FL is 1-bedrooms: $1,400, 2-bedrooms: $3,570, 3-bedrooms: $3,550, 4-bedrooms: $3,110. The most common rental property sizes in Punta Gorda, FL are 2-bedroom and 3-bedroom, accounting for 48.8% and 21.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | $3,000 | $3,570 |
| 3 Bed Rent | $2,800 | $3,550 |
| 4 Bed Rent | $2,200 | $3,110 |
% 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 104. This is a increase of 11.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $386,000 | -8.0% |
Listing Count | 379 | -4.0% |
| Listings as % of Homes | 3.0% | -4.0% |
Days on Market | 104 | 11.0% |
Demographics — Punta Gorda, FL
As of the latest ACS Survey released in 2023, Punta Gorda, FL has a population of 10,500, which has decreased by -7.9% over the past 5 years. Punta Gorda, FL is a less popular place for families, as children make up 8.5% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,500 | -7.9% |
% Under 18 | 8.5% | -9.6% |
% Seniors | 48.9% | 27.0% |
% WFH | 19.8% | 108.4% |
% w/ College Degree | 30.7% | 18.1% |
As of the latest ACS Survey released in 2023, Punta Gorda, FL is a predominantly white area, with 83.8% of the population identifying as white. The white population has grown by 2.9% in the last 5 years. The second most common race or ethnicity in Punta Gorda, FL is hispanic, making up 10.4% of the population. Foreign-born residents account for 7.5% of the population in Punta Gorda, FL, and this percentage has increased by 31.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.8% | 2.9% |
% Black | 2.1% | -74.7% |
% Hispanic | 10.4% | 48.6% |
% Asian | 0.6% | 200.0% |
% Foreign Born | 7.5% | 31.6% |
Mortgage and Risk — Punta Gorda, FL
According to HUD data as of 2023, there were 544 mortgage originations in Punta Gorda, FL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Punta Gorda, FL. Investor activity is low, as 5.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 544 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 5.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 2.0% |
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 0.4%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Punta Gorda, FL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,400 | $1,340 |
| 2 Bedroom | -$1,320 | $3,000 | $1,680 |
| 3 Bedroom | -$480 | $2,800 | $2,320 |
| 4 Bedroom | $350 | $2,200 | $2,550 |
Affordability — Punta Gorda, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $334,000 |
| Median Household Income | $76,700 |