$4,749 Closing Credit*
$399,900
1,588 SqFt
3 Beds
•2 Full Baths
Steven Torres, Listing Office: JOHN R WOOD PROPERTIES
Is Port Charlotte, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Port Charlotte was a Seller's Market.
Key Takeaway
Port Charlotte is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Port Charlotte, FL
How much do homes in Port Charlotte, FL cost?
Median Sold Price
$320,974
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$579(+0.2%)
Key Takeaway
The sold price of homes in Port Charlotte has remained the same since last year.
Summary: The median home sold price in Port Charlotte was $320,974 in November 2024, up 0.2% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $138.5K | +10.8% |
| 2 Bedrooms | $224.1K | $223.2K | -0.4% |
| 3 Bedrooms | $359.7K | $338.2K | -6.0% |
| 4 Bedrooms | $381.2K | $379.8K | -0.4% |
| 5+ Bedrooms | $503.2K | $557.5K | +10.8% |
Summary: Port Charlotte housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Cities
| Arcadia West | $285K | $289K | +1.4% |
| Port Charlotte | $320.3K | $320.9K | 0.2% |
| North Port | $373.4K | $360.6K | -3.4% |
| Punta Gorda | $390K | $375K | -3.9% |
Housing Supply in Port Charlotte, FL
How many homes are available in Port Charlotte, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2,279 | 2,485 | +9.0% |
Summary: The Port Charlotte real estate market had 2,485 homes for sale in November 2024, a 9.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 32 | 32 | 0.0% |
| 2 Bedrooms | 538 | 607 | +12.8% |
| 3 Bedrooms | 1,214 | 1,340 | +10.4% |
| 4 Bedrooms | 451 | 460 | +2.0% |
| 5+ Bedrooms | 44 | 46 | +4.5% |
Summary: The Port Charlotte housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 246 | 189 | -23.2% |
Asking Price vs. Sold Price
132 Homes Were Sold
Under Asking
39 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Charlotte, you may be able to get a good deal. 69.8% of homes here sold below asking price last month.
Summary: A total of 189 homes were sold or pending in Port Charlotte in November 2024, down by 23.2% month-over-month. Of the 189 sold homes, 70% were sold under asking, 21% were sold at asking, and 10% were sold over asking.
Days on Market for Port Charlotte, FL
How long does it take to sell a home in Port Charlotte, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 93 Days | +43.9% |
Summary: Homes in Port Charlotte had an average of 93 days on market in Nov 2024, up by 43.9% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
53 Homes Were Sold
In 30 - 90 Days
71 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Port Charlotte are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 189 homes were sold in Port Charlotte; 34% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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