Port Charlotte, FL—33954
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 $298,000, with a year-over-year change of -10.1%. This indicates that home prices in Port Charlotte, FL are decreasing. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $298,000 | -10.1% |
| Single Family | $298,000 | -10.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $210,000 | -13.2% |
3 Bed | $302,000 | -10.4% |
4 Bed | $344,000 | -9.5% |
| 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 $2,090, with a year-over-year rent change of -1.4%. Per bedroom, the median rent as of July '25 in Port Charlotte, FL is studios: $1,510, 1-bedrooms: $1,050, 2-bedrooms: $1,750, 3-bedrooms: $2,140, 4-bedrooms: $2,330. The most common rental property sizes in Port Charlotte, FL are 2-bedroom and 1-bedroom, accounting for 38.1% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,090 |
| Studio Rent | $1,450 | $1,510 |
| 1 Bed Rent | $800 | $1,050 |
| 2 Bed Rent | $1,650 | $1,750 |
| 3 Bed Rent | $2,090 | $2,140 |
| 4 Bed Rent | $2,200 | $2,330 |
% 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 76. This is a decrease of -6.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $355,000 | -4.0% |
Listing Count | 178 | -14.0% |
| Listings as % of Homes | 2.4% | -14.0% |
Days on Market | 76 | -6.0% |
Demographics — Port Charlotte, FL
As of the latest ACS Survey released in 2023, Port Charlotte, FL has a population of 11,600, which has increased by 24.9% over the past 5 years. Port Charlotte, FL is a moderately popular place for families, as children make up 17.0% of the population. The area has a poorly educated workforce, with 23.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,600 | 24.9% |
% Under 18 | 17.0% | 6.2% |
% Seniors | 30.1% | -3.8% |
% WFH | 11.8% | 76.1% |
% w/ College Degree | 23.3% | 5.4% |
As of the latest ACS Survey released in 2023, Port Charlotte, FL is a predominantly white area, with 75.0% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Port Charlotte, FL is hispanic, making up 11.9% of the population. Foreign-born residents account for 13.6% of the population in Port Charlotte, FL, and this percentage has decreased by 11.1% 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 | 75.0% | -7.5% |
% Black | 8.8% | -17.0% |
% Hispanic | 11.9% | 153.2% |
% Asian | 0.9% | 12.5% |
% Foreign Born | 13.6% | -11.1% |
Mortgage and Risk — Port Charlotte, FL
According to HUD data as of 2023, there were 215 mortgage originations in Port Charlotte, FL, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Port Charlotte, FL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 215 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
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 0.2%. 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 | 4 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $680 | $800 | $1,480 |
| 2 Bedroom | $220 | $1,650 | $1,870 |
| 3 Bedroom | $530 | $2,090 | $2,620 |
| 4 Bedroom | $680 | $2,200 | $2,880 |
Affordability — Port Charlotte, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $298,000 |
| Median Household Income | $83,100 |