Punta Gorda housing market

Neutral marketPunta Gorda, FL metro areaData through Sep 2026
Typical home value
$299K
▼ 3.3% 1 yr
Typical rent
$1,851/mo
▼ 0.6% 1 yr
12-month forecast
−1.8%
#537 of 546 metros
Gross rent yield
7.4%
#80 of 546 · U.S. 6.3%
Days to pending
105 days
▼ −13 days 1 yr
Listings with a price cut
21%
▼ −0.8 pts 1 yr

Key takeaways

  • 1The typical home is worth $298,912, down 3.3% in a year and down 1% over five years.
  • 2Zillow forecasts home values falling 1.8% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,851/mo (−0.6% YoY), a 7.4% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,643/mo in principal and interest, $208 less than renting.
  • 5Homes go under contract in 105 days (−13 days vs last year); 21% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 53/100, #100 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $299K
$205K$264K$322K$380K2016201920222025
Typical monthly rent
Latest $1,851
$1,180$1,433$1,687$1,9402016201920222025

How fast homes are selling

Days to go under contract
Latest 105
25548311220182020202220242026
Share of listings with a price cut
Latest 21.1%
10.4%17.7%25.0%32.2%20182020202220242026
Homes for sale vs new listings
Latest 2,940
For saleNew listings
6662,0303,3934,75720182020202220242026
Share of homes sold above list price
Latest 7.6%
8.6%20.4%32.2%44.0%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $93K
To buy (20% down)To rent
$49K$69K$89K$109K201620182020202220242026

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

How Punta Gorda compares

MeasurePunta GordaUnited StatesRank of 546
Home value, 1-yr change−3.3%+1.2%#541
Home value, 5-yr change−1.4%+19.7%
12-month forecast−1.8%+1.1%#537
Rent, 1-yr change−0.6%+2.7%#536
Gross rent yield7.4%6.3%#80
Price-to-rent ratio13.515.8
Mortgage P&I on typical home$1,643$2,012
Income needed to buy$92,931$100,902
Days to pending10556

Cities in the Punta Gorda metro

3 cities with home value and rent data.

Port Charlotte$268K▼ 3.0%$1,741▼ 2.2%7.8%
Punta Gorda$335K▼ 3.7%$2,041▲ 1.0%7.3%
Rotonda West$348K▼ 2.8%$2,167▲ 13.9%7.5%

Run the numbers

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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.