$19,900
0.23 Acres
Land
Sue Strope, Listing Office: XCELLENCE REALTY INC.
Is Port Charlotte, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$320,937
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$222(+0.1%)
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 $320,937 in October 2024, up 0.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $127K | -5.9% |
| 2 Bedrooms | $225K | $221.3K | -1.6% |
| 3 Bedrooms | $360.2K | $339.9K | -5.6% |
| 4 Bedrooms | $384.6K | $379.2K | -1.4% |
| 5+ Bedrooms | $503.2K | $555K | +10.3% |
Summary: Port Charlotte housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Port Charlotte | $320.7K | $320.9K | 0.1% |
| Arcadia West | $285K | $282K | -1.1% |
| North Port | $374.6K | $361.1K | -3.6% |
| Punta Gorda | $393.7K | $375.2K | -4.7% |
Housing Supply in Port Charlotte, FL
How many homes are available in Port Charlotte, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2,222 | 2,303 | +3.6% |
Summary: The Port Charlotte real estate market had 2,303 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 35 | +6.1% |
| 2 Bedrooms | 535 | 556 | +3.9% |
| 3 Bedrooms | 1,182 | 1,220 | +3.2% |
| 4 Bedrooms | 430 | 451 | +4.9% |
| 5+ Bedrooms | 42 | 41 | -2.4% |
Summary: The Port Charlotte housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 2.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 227 | 229 | +0.9% |
Asking Price vs. Sold Price
157 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
31 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. 68.6% of homes here sold below asking price last month.
Summary: A total of 229 homes were sold or pending in Port Charlotte in October 2024, up by 0.9% month-over-month. Of the 229 sold homes, 69% were sold under asking, 18% were sold at asking, and 14% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 81 Days | +36.8% |
Summary: Homes in Port Charlotte had an average of 81 days on market in Oct 2024, up by 36.8% compared to last year.
Breakdown of Home Sale Times
90 Homes Were Sold
Under 30 Days
59 Homes Were Sold
In 30 - 90 Days
80 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Port Charlotte are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 229 homes were sold in Port Charlotte; 39% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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