Punta Gorda, FL—33982
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 $357,000, with a year-over-year change of -10.9%. This indicates that home prices in Punta Gorda, 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 | $357,000 | -10.9% |
| Single Family | $381,000 | -10.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $252,000 | -17.1% |
3 Bed | $389,000 | -10.0% |
4 Bed | $432,000 | -10.9% |
| 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 $4,320, with a year-over-year rent change of 16.1%. Per bedroom, the median rent as of July '25 in Punta Gorda, FL is studios: $1,370, 1-bedrooms: $1,030, 2-bedrooms: $4,660, 3-bedrooms: $4,150, 4-bedrooms: $3,280. The most common rental property sizes in Punta Gorda, FL are 2-bedroom and 1-bedroom, accounting for 29.1% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,800 | $4,320 |
| Studio Rent | $1,370 | $1,370 |
| 1 Bed Rent | $945 | $1,030 |
| 2 Bed Rent | $5,400 | $4,660 |
| 3 Bed Rent | $3,000 | $4,150 |
| 4 Bed Rent | $2,980 | $3,280 |
% 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 76. This is a decrease of -4.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | 1.0% |
Listing Count | 275 | -7.0% |
| Listings as % of Homes | 2.2% | -7.0% |
Days on Market | 76 | -4.0% |
Demographics — Punta Gorda, FL
As of the latest ACS Survey released in 2023, Punta Gorda, FL has a population of 12,500, which has increased by 13.8% over the past 5 years. Punta Gorda, FL is a less popular place for families, as children make up 13.0% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,500 | 13.8% |
% Under 18 | 13.0% | -24.9% |
% Seniors | 30.8% | -3.4% |
% WFH | 16.7% | 149.3% |
% w/ College Degree | 24.9% | 68.2% |
As of the latest ACS Survey released in 2023, Punta Gorda, FL is a predominantly white area, with 81.4% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Punta Gorda, FL is hispanic, making up 7.3% of the population. Foreign-born residents account for 5.6% of the population in Punta Gorda, FL, and this percentage has increased by 12.0% 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 | 81.4% | -5.7% |
% Black | 7.1% | 255.0% |
% Hispanic | 7.3% | -24.7% |
% Asian | 0.8% | 33.3% |
% Foreign Born | 5.6% | 12.0% |
Mortgage and Risk — Punta Gorda, FL
According to HUD data as of 2023, there were 931 mortgage originations in Punta Gorda, FL, of which 81.0% 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. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 931 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 5.0% |
% Second Loans | 10.0% |
% 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 1.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Punta Gorda, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $105 | $945 | $1,050 |
| 2 Bedroom | -$4,080 | $5,400 | $1,320 |
| 3 Bedroom | -$1,150 | $3,000 | $1,850 |
| 4 Bedroom | -$900 | $2,980 | $2,080 |
Affordability — Punta Gorda, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $357,000 |
| Median Household Income | $68,500 |