The housing in North Port, FL is thriving, with a median value of $354,700, which is much higher than the US median of $338,100. This increase in value has been largely driven by a rapidly appreciating market over the past year, with an appreciation rate of 23.37%, which is significantly higher than the national average of 8.27%. With this strong appreciation rate and increasing median value, North Port is becoming an attractive area for homebuyers looking to invest in the real estate market.
The median home cost in North Port is $354,700. Home appreciation the last 10 years has been 211.6%. Home Appreciation in North Port is up 31.2%.
Average Age of Homes
- The median age of North Port real estate is 15 years old
The Rental Market in North Port
- Renters make up 21.7% of the North Port population
- 0.3% of houses and apartments in North Port, 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.