Port Charlotte, FL—33980
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 $254,000, with a year-over-year change of -12.7%. This indicates that home prices in Port Charlotte, 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 | $254,000 | -12.7% |
| Single Family | $282,000 | -11.9% |
| Condos | $138,000 | -21.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | -19.0% |
3 Bed | $283,000 | -11.6% |
4 Bed | $315,000 | -11.8% |
| 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 $1,960, with a year-over-year rent change of -7.1%. Per bedroom, the median rent as of July '25 in Port Charlotte, FL is 1-bedrooms: $1,370, 2-bedrooms: $1,760, 3-bedrooms: $2,260, 4-bedrooms: $2,180. The most common rental property sizes in Port Charlotte, FL are 2-bedroom and 1-bedroom, accounting for 41.4% and 29.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,370 |
| 2 Bed Rent | $1,650 | $1,760 |
| 3 Bed Rent | $2,140 | $2,260 |
| 4 Bed Rent | $2,080 | $2,180 |
% 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 82. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $286,000 | -11.0% |
Listing Count | 197 | -9.0% |
| Listings as % of Homes | 1.5% | -9.0% |
Days on Market | 82 | 1.0% |
Demographics — Port Charlotte, FL
As of the latest ACS Survey released in 2023, Port Charlotte, FL has a population of 13,200, which has remained stable by -0.8% over the past 5 years. Port Charlotte, FL is a less popular place for families, as children make up 12.5% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,200 | -0.8% |
% Under 18 | 12.5% | -12.0% |
% Seniors | 47.2% | 0.2% |
% WFH | 9.0% | -10.0% |
% w/ College Degree | 21.0% | -12.5% |
As of the latest ACS Survey released in 2023, Port Charlotte, FL is a predominantly white area, with 75.2% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in Port Charlotte, FL is black, making up 10.4% of the population. Foreign-born residents account for 15.5% of the population in Port Charlotte, FL, and this percentage has increased by 31.4% 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 | 75.2% | -7.6% |
% Black | 10.4% | 30.0% |
% Hispanic | 9.9% | 50.0% |
% Asian | 1.0% | -28.6% |
% Foreign Born | 15.5% | 31.4% |
Mortgage and Risk — Port Charlotte, FL
According to HUD data as of 2023, there were 148 mortgage originations in Port Charlotte, FL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Port Charlotte, FL. Investor activity is low, as 1.0% 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 | 148 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 12.0% |
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 5.5%. 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, 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 | 144 |
Total Units Section 8 | 91 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$340 | $1,350 | $1,010 |
| 2 Bedroom | -$400 | $1,650 | $1,250 |
| 3 Bedroom | -$380 | $2,140 | $1,760 |
| 4 Bedroom | $0 | $2,080 | $2,080 |
Affordability — Port Charlotte, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $254,000 |
| Median Household Income | $61,900 |