North Port housing market

Seller's marketNorth Port, FL metro areaData through Sep 2026
Typical home value
$404K
▼ 2.0% 1 yr
Typical rent
$2,106/mo
■ 0.0% 1 yr
12-month forecast
−1.9%
#539 of 546 metros
Gross rent yield
6.3%
#224 of 546 · U.S. 6.3%
Days to pending
90 days
▼ −9 days 1 yr
Listings with a price cut
24%
▼ −1.2 pts 1 yr

Key takeaways

  • 1The typical home is worth $403,540, down 2.0% in a year and up 10% over five years.
  • 2Zillow forecasts home values falling 1.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $2,106/mo (+0.0% YoY), a 6.3% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,218/mo in principal and interest, $112 more than renting.
  • 5Homes go under contract in 90 days (−9 days vs last year); 24% of listings have had a price cut.
Market temperature
Seller's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 56/100, #69 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $404K
$268K$335K$401K$468K2016201920222025
Typical monthly rent
Latest $2,106
$1,355$1,614$1,874$2,1332016201920222025

How fast homes are selling

Days to go under contract
Latest 90
2044699320182020202220242026
Share of listings with a price cut
Latest 24.4%
12.2%19.8%27.3%34.8%20182020202220242026
Homes for sale vs new listings
Latest 8,460
For saleNew listings
2,0035,2848,56611,84720182020202220242026
Share of homes sold above list price
Latest 7.3%
8.8%23.3%37.7%52.1%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $116K
To buy (20% down)To rent
$57K$82K$107K$131K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How North Port compares

MeasureNorth PortUnited StatesRank of 546
Home value, 1-yr change−2.0%+1.2%#524
Home value, 5-yr change+9.5%+19.7%
12-month forecast−1.9%+1.1%#539
Rent, 1-yr change+0.0%+2.7%#520
Gross rent yield6.3%6.3%#224
Price-to-rent ratio16.015.8
Mortgage P&I on typical home$2,218$2,012
Income needed to buy$116,486$100,902
Days to pending9056

Cities in the North Port metro

9 cities with home value and rent data.

Sarasota$411K▼ 1.5%$2,210▲ 1.1%6.5%
Bradenton$352K▼ 2.3%$1,768▼ 1.1%6.0%
Venice$380K▼ 2.5%$2,121▼ 0.9%6.7%
North Port$303K▼ 2.5%$1,937▼ 1.1%7.7%
Palmetto$350K▼ 2.7%$2,155▼ 1.8%7.4%
Englewood$324K▼ 2.8%$1,669▲ 2.7%6.2%
Lakewood Ranch$589K▼ 2.6%$2,311▲ 0.5%4.7%
Parrish$414K▼ 3.1%$2,651▲ 3.3%7.7%
Nokomis$498K▼ 1.8%$2,188▲ 1.6%5.3%

Run the numbers

Renting out a property in Florida? See deposit limits, late fee rules and notice periods.

Other Florida metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.