North Port, Florida Housing Market Prices
North Port Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 34% below the Florida median$204,299
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Median rent 13% above the Florida median$1,887
Housing Market Overview
| Metric | North Port | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $204,299 | $311,338 | $248,835 |
| Price Trend (Annual %) | 13.6% | 11.2% | 7.5% |
| Median Gross Rent | $1,887 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 8.4% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in North Port is about 34% lower than in Florida. Rent is about 13% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in North Port, up about 13.6% and 8.4% a year respectively. Home prices are changing faster.
Median rent in North Port rose about 97.2% between 2015 and 2024, from $957 to $1,887. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in North Port.
Buying the median-priced home in North Port costs roughly 9.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in North Port. The price-to-rent ratio in Florida is about 15.6.
| Metric | North Port | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $204,299 | $311,338 | $248,835 |
| Median Household Income | $84,442 | $74,580 | $80,455 |
| Price-to-Income Ratio | 2.4 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in North Port rose about 89.1%, while median household income rose about 59.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | North Port | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.2% | 57.7% | 58.5% |
| Rental Rate | 16.1% | 27.7% | 31.2% |
| Vacancy Rate | 11.7% | 14.6% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
North Port has a homeownership rate of 72.2%, higher than the Florida average of 57.7%. Its housing vacancy rate is 11.7%, compared with 14.6% in Florida.
Housing Stock
| Metric | North Port | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2003 | 1988 | 1978 |
| Median Number of Rooms | 5.5 | 5.2 | 5.5 |
The typical housing unit in North Port was built around 2003. On average, 2.4 people live in a home with about 5.5 rooms, staying for about 11.0 years on average.
North Port, FL Housing Compared With Nearby Cities
How North Port, FL compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| North Port, FL | 83,833 | $204,299 #2/2 | $1,887 #1/2 | 81.7% #2/2 |
| Port Charlotte, FL | 57,766 | $273,908 | $1,559 | 82.4% |
Frequently Asked Questions
Common questions about the housing market in North Port, Florida.
What is the median home price in North Port, Florida?
The median home price in North Port, Florida is $204,299, lower than the Florida average of $311,338.
What is the average home price in North Port, Florida?
The typical home price in North Port, Florida, reported as the median sale price, is $204,299. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in North Port, Florida?
The median gross rent in North Port, Florida is $1,887 per month, higher than the Florida average of $1,668.
What was the median gross rent in North Port in 2020?
In 2020, the median gross rent in North Port, Florida was $1,248 per month.
What is the price-to-rent ratio in North Port, Florida?
The price-to-rent ratio in North Port, Florida is about 9.0, meaning it would take roughly 9.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in North Port.
Are home prices or rent rising faster in North Port, Florida?
Both home prices and rent are rising in North Port, up about 13.6% and 8.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in North Port, Florida?
72.2% of households in North Port, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in North Port, Florida?
The housing vacancy rate in North Port, Florida is 11.7%, lower than the Florida average of 14.6%.
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