Home Values

Port Charlotte Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$130,600

  • 16.8% 1-year change
  • 6.5% 1-year forecast

The median home value in Port Charlotte is $130,600. Port Charlotte home values have gone up 16.8% over the past year and Zillow predicts they will rise 6.5% within the next year. The median list price per square foot in Port Charlotte is $89, which is lower than the Punta Gorda Metro average of $113. The median price of homes currently listed in Port Charlotte is $145,000 while the median price of homes that sold is $120,480. The median rent price in Port Charlotte is $1,300, which is lower than the Punta Gorda Metro median of $1,900.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Port Charlotte is 13.1%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Port Charlotte homeowners underwater on their mortgage is 22.2%, which is higher than Punta Gorda Metro at 19.3%.

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Relative ZHVI
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Port Charlotte Market Overview

Data through Oct 31, 2014
  • $130,600 ZHVI
  • 6.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $145,000 Median listing price
  • $120,480 Median sale price
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Port Charlotte Market Health

Data through Oct 31, 2014
  • 6.3/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 22.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 13.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Boca Grande $1,156,600
Placida $322,600
Nokomis $270,300
Name Median ZHVI
Bokeelia $236,900
Rotonda West $229,100
Venice $194,400
Name Median ZHVI
Englewood $176,000
Cape Coral $172,900
North Port $140,300

Listings & Sales

Data through Oct 31, 2014
  • $89 Median list price / sq ft
  • $82 Median sale price / sq ft
  • 34.1% Listings with price cut
26.5%
Sold below listing
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Port Charlotte Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,439 Port Charlotte
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,300 Rent list price
  • $0.94 Rent list price / sq ft
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