Port Charlotte, FL is an ideal place to invest in real estate. The median value of housing in the area is currently $296,500, which is significantly lower than the national median value of $338,100. Furthermore, the one-year house appreciation rate for Port Charlotte is a whopping 20.50%, more than double the US House Appreciation rate of 8.27%. This makes for an excellent opportunity to purchase property in Port Charlotte and watch it increase in value over time.
The median home cost in Port Charlotte is $296,500. Home appreciation the last 10 years has been 200.4%. Home Appreciation in Port Charlotte is up 29.5%.
Average Age of Homes
- The median age of Port Charlotte real estate is 34 years old
The Rental Market in Port Charlotte
- Renters make up 18.2% of the Port Charlotte population
- 1.8% of houses and apartments in Port Charlotte, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.