Is North Port, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, North Port has remained a Buyer's Market.
Key Takeaway
North Port is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Port, FL
How much do homes in North Port, FL cost?
Median Sold Price
$374,389
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in North Port have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in North Port was $374,389 in November 2023, down 1.7% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $162.5K | -1.5% |
| 2 Bedrooms | $300K | $297.7K | -0.7% |
| 3 Bedrooms | $379.7K | $372.5K | -1.9% |
| 4 Bedrooms | $485K | $421.2K | -13.1% |
| 5+ Bedrooms | $650K | $584.7K | -10.0% |
Summary: North Port housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Cities
| Port Charlotte | $315.4K | $319.9K | +1.4% |
| North Port | $380.8K | $374.3K | -1.7% |
| Grove City-Rotonda | $409.5K | $386.4K | -5.6% |
| Arcadia West | $315K | $283.5K | -10.0% |
Housing Supply in North Port, FL
How many homes are available in North Port, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 1,262 | 1,309 | +3.7% |
Summary: The North Port real estate market had 1,309 homes for sale in November 2023, a 3.7% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 253 | 266 | +5.1% |
| 3 Bedrooms | 822 | 854 | +3.9% |
| 4 Bedrooms | 178 | 180 | +1.1% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The North Port housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 180 | 161 | -10.6% |
Asking Price vs. Sold Price
105 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Port, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 161 homes were sold or pending in North Port in November 2023, down by 10.6% month-over-month. Of the 161 sold homes, 65% were sold under asking, 23% were sold at asking, and 12% were sold over asking.
Days on Market for North Port, FL
How long does it take to sell a home in North Port, FL?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 30 Days | 57 Days | +88.0% |
Summary: Homes in North Port had an average of 57 days on market in Nov 2023, up by 88% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
49 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Port are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 161 homes were sold in North Port; 47% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2023 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
© 2023 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2023 BeachesMLS, Inc. 
Copyright © 2023 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Brevard Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.