The housing market in the Punta Gorda, FL Metro Area has been booming over the past year, with a median value of $348,100 and an appreciation rate of 23.45%, far exceeding the national averages of $338,100 and 8.27%. The strong performance of this market is indicative of a larger trend across the state of Florida as a whole, which has seen housing prices rise significantly in recent years due to increased demand from both domestic and international buyers. This makes the Punta Gorda area an attractive choice for those looking to invest in real estate or purchase a home of their own.
The median home cost in Punta Gorda Metro Area is $348,100. Home appreciation the last 10 years has been 201.4%. Home Appreciation in Punta Gorda Metro Area is up 29.7%.
Average Age of Homes
- The median age of Punta Gorda Metro Area real estate is 29 years old
The Rental Market in Punta Gorda Metro Area
- Renters make up 15.0% of the Punta Gorda Metro Area population
- 2.2% of houses and apartments in Punta Gorda Metro Area, 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.