North Port, FL—34287
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Port, FL
As of Nov '25, the median home price in North Port, FL is $250,000, with a year-over-year change of -12.4%. This indicates that home prices in North Port, FL are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $250,000 | -12.4% |
| Single Family | $256,000 | -12.3% |
| Condos | $192,000 | -14.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $123,000 | -14.6% |
2 Bed | $191,000 | -14.0% |
3 Bed | $286,000 | -11.5% |
4 Bed | $355,000 | -9.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Port, FL
As of July '25, Rentcast reports the average rent in North Port, FL is $2,000, with a year-over-year rent change of -6.1%. Per bedroom, the median rent as of July '25 in North Port, FL is studios: $1,450, 1-bedrooms: $1,350, 2-bedrooms: $1,870, 3-bedrooms: $2,040, 4-bedrooms: $2,380. The most common rental property sizes in North Port, FL are 2-bedroom and 3-bedroom, accounting for 51.8% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,820 | $2,000 |
| Studio Rent | $1,450 | $1,450 |
| 1 Bed Rent | $1,250 | $1,350 |
| 2 Bed Rent | $1,700 | $1,870 |
| 3 Bed Rent | $1,880 | $2,040 |
| 4 Bed Rent | $2,260 | $2,380 |
% of Rental Stock
Property Listings — North Port, FL
As of Nov '25, Realtor.com reports that the median days on market for a home in North Port, FL is 105. This is a increase of 29.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $320,000 | -8.0% |
Listing Count | 299 | 14.0% |
| Listings as % of Homes | 0.8% | 14.0% |
Days on Market | 105 | 29.0% |
Demographics — North Port, FL
As of the latest ACS Survey released in 2023, North Port, FL has a population of 26,200, which has decreased by -4.7% over the past 5 years. North Port, FL is a moderately popular place for families, as children make up 16.6% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,200 | -4.7% |
% Under 18 | 16.6% | 23.9% |
% Seniors | 39.9% | 3.1% |
% WFH | 8.5% | 193.1% |
% w/ College Degree | 23.2% | 15.4% |
As of the latest ACS Survey released in 2023, North Port, FL is a predominantly white area, with 76.8% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in North Port, FL is hispanic, making up 13.8% of the population. Foreign-born residents account for 16.0% of the population in North Port, FL, and this percentage has increased by 50.9% 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 | 76.8% | -7.9% |
% Black | 3.6% | -40.0% |
% Hispanic | 13.8% | 106.0% |
% Asian | 3.7% | 208.3% |
% Foreign Born | 16.0% | 50.9% |
Mortgage and Risk — North Port, FL
According to HUD data as of 2023, there were 75 mortgage originations in North Port, FL, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in North Port, FL. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 4.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — North Port, FL
As of 2024, the percent of homes in North Port, FL under the Section 8 program is 5.0%. 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 North Port, FL, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 123 |
Total Units Section 8 | 122 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,250 | $1,380 |
| 2 Bedroom | -$90 | $1,700 | $1,610 |
| 3 Bedroom | $230 | $1,880 | $2,110 |
| 4 Bedroom | $270 | $2,260 | $2,530 |
Affordability — North Port, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $250,000 |
| Median Household Income | $64,200 |