Is Charlotte County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlotte County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Charlotte County was a Neutral Market.

Key Takeaway

Charlotte County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Charlotte County, FL

How much do homes in Charlotte County, FL cost?

Median Sold Price

$349,935

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,085(-3.3%)

Key Takeaway

Homes in Charlotte County have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Charlotte County was $349,935 in October 2024, down 3.3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $142K$138.5K
-2.5%
2 $258.6K$250.6K
-3.1%
3 $400.7K$384.9K
-3.9%
4 $402.9K$392.9K
-2.5%
5+ $557.5K$599K
+7.4%

Summary: Charlotte County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 7.4%.

Median Sold Price Compared To Nearby Counties

Glades County
+17.1%
DeSoto County
+9.7%
Sarasota County
0.1%
Lee County
0.0%
Charlotte County
-3.3%

Housing Supply in Charlotte County, FL

How many homes are available in Charlotte County, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4,2434,438+4.6%

Summary: The Charlotte County real estate market had 4,438 homes for sale in October 2024, a 4.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 5963
+6.8%
2 1,0281,085
+5.5%
3 2,3062,391
+3.7%
4 772817
+5.8%
5+ 7882
+5.1%

Summary: The Charlotte County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 5.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
400411+2.8%

Asking Price vs. Sold Price

290 Homes Were Sold
Under Asking

78 Homes Were Sold
At Asking

43 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charlotte County, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 411 homes were sold or pending in Charlotte County in October 2024, up by 2.8% month-over-month. Of the 411 sold homes, 71% were sold under asking, 19% were sold at asking, and 10% were sold over asking.

Days on Market for Charlotte County, FL

How long does it take to sell a home in Charlotte County, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
59 Days88 Days+47.2%

Summary: Homes in Charlotte County had an average of 88 days on market in Oct 2024, up by 47.2% compared to last year.

Breakdown of Home Sale Times

142 Homes Were Sold
Under 30 Days

117 Homes Were Sold
In 30 - 90 Days

152 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Charlotte County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 411 homes were sold in Charlotte County; 35% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Charlotte County, FL

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What housing markets are near Charlotte County, FL?