Port Charlotte, FL—33981
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 $341,000, with a year-over-year change of -11.6%. This indicates that home prices in Port Charlotte, FL are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | -11.6% |
| Single Family | $343,000 | -11.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $204,000 | -14.6% |
3 Bed | $359,000 | -11.6% |
4 Bed | $393,000 | -11.3% |
| 5 Bed | $492,000 | -12.3% |
% of Housing Stock
Rental Trends — Port Charlotte, FL
As of July '25, Rentcast reports the average rent in Port Charlotte, FL is $2,310, with a year-over-year rent change of -10.8%. Per bedroom, the median rent as of July '25 in Port Charlotte, FL is 1-bedrooms: $900, 2-bedrooms: $1,880, 3-bedrooms: $2,200, 4-bedrooms: $2,760. The most common rental property sizes in Port Charlotte, FL are 2-bedroom and 3-bedroom, accounting for 52.6% and 45.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,310 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | $1,750 | $1,880 |
| 3 Bed Rent | $1,800 | $2,200 |
| 4 Bed Rent | $2,400 | $2,760 |
% 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 120. This is a increase of 24.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $478,000 | 6.0% |
Listing Count | 527 | 9.0% |
| Listings as % of Homes | 3.3% | 9.0% |
Days on Market | 120 | 24.0% |
Demographics — Port Charlotte, FL
As of the latest ACS Survey released in 2023, Port Charlotte, FL has a population of 14,500, which has increased by 34.8% over the past 5 years. Port Charlotte, FL is a less popular place for families, as children make up 11.5% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,500 | 34.8% |
% Under 18 | 11.5% | -8.7% |
% Seniors | 42.3% | 12.2% |
% WFH | 19.6% | 21.0% |
% w/ College Degree | 26.8% | 26.4% |
As of the latest ACS Survey released in 2023, Port Charlotte, FL is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Port Charlotte, FL is hispanic, making up 3.6% of the population. Foreign-born residents account for 6.4% of the population in Port Charlotte, FL, and this percentage has increased by 25.5% 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 | 89.3% | -5.1% |
% Black | 2.5% | 108.3% |
% Hispanic | 3.6% | 9.1% |
% Asian | 1.4% | 180.0% |
% Foreign Born | 6.4% | 25.5% |
Mortgage and Risk — Port Charlotte, FL
According to HUD data as of 2023, there were 557 mortgage originations in Port Charlotte, FL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 26.0% 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. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 557 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 9.0% |
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 0.6%. 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 | 7 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $900 | $1,380 |
| 2 Bedroom | -$10 | $1,750 | $1,740 |
| 3 Bedroom | $640 | $1,800 | $2,440 |
| 4 Bedroom | $280 | $2,400 | $2,680 |
Affordability — Port Charlotte, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $341,000 |
| Median Household Income | $71,300 |