Cities with the fastest growing home prices in North Port metro area

Written by:
September 29, 2022
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Cities with the fastest growing home prices in North Port metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in North Port-Sarasota-Bradenton, FL metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 20 cities and towns with data available were included in the list.

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Stacker

#20. North Port, Florida

- 1-year price change: +$109,282 (+38.4%)
- 5-year price change: +$199,928 (+103.0%)
- Typical home value: $394,039 (#20 most expensive city in metro)
2 / 20
Stacker

#19. Bradenton, Florida

- 1-year price change: +$112,812 (+36.8%)
- 5-year price change: +$196,996 (+88.4%)
- Typical home value: $419,725 (#19 most expensive city in metro)
3 / 20
Stacker

#18. Palmetto, Florida

- 1-year price change: +$112,868 (+35.6%)
- 5-year price change: +$206,013 (+92.1%)
- Typical home value: $429,789 (#18 most expensive city in metro)
4 / 20
Stacker

#17. Englewood, Florida

- 1-year price change: +$121,783 (+37.6%)
- 5-year price change: +$220,125 (+97.7%)
- Typical home value: $445,427 (#17 most expensive city in metro)
5 / 20
Stacker

#16. Ellenton, Florida

- 1-year price change: +$125,620 (+35.7%)
- 5-year price change: +$219,726 (+85.2%)
- Typical home value: $477,579 (#16 most expensive city in metro)

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6 / 20
Stacker

#15. Sarasota, Florida

- 1-year price change: +$133,719 (+36.6%)
- 5-year price change: +$231,163 (+86.3%)
- Typical home value: $499,147 (#14 most expensive city in metro)
7 / 20
Stacker

#14. Venice, Florida

- 1-year price change: +$136,968 (+38.3%)
- 5-year price change: +$231,796 (+88.3%)
- Typical home value: $494,215 (#15 most expensive city in metro)
8 / 20
Stacker

#13. Parrish, Florida

- 1-year price change: +$151,220 (+37.9%)
- 5-year price change: +$259,711 (+89.3%)
- Typical home value: $550,386 (#13 most expensive city in metro)
9 / 20
Stacker

#12. Myakka City, Florida

- 1-year price change: +$180,029 (+35.3%)
- 5-year price change: +$354,339 (+105.3%)
- Typical home value: $690,743 (#11 most expensive city in metro)
10 / 20
Stacker

#11. Nokomis, Florida

- 1-year price change: +$183,683 (+40.4%)
- 5-year price change: +$302,337 (+89.9%)
- Typical home value: $638,531 (#12 most expensive city in metro)

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11 / 20
Stacker

#10. University Park, Florida

- 1-year price change: +$212,638 (+40.4%)
- 5-year price change: +$320,520 (+76.6%)
- Typical home value: $738,836 (#10 most expensive city in metro)
12 / 20
Stacker

#9. Terra Ceia, Florida

- 1-year price change: +$216,228 (+33.9%)
- 5-year price change: +$402,232 (+89.1%)
- Typical home value: $853,661 (#5 most expensive city in metro)
13 / 20
Stacker

#8. Osprey, Florida

- 1-year price change: +$217,665 (+37.1%)
- 5-year price change: +$369,092 (+84.8%)
- Typical home value: $804,158 (#8 most expensive city in metro)
14 / 20
Stacker

#7. Lakewood Ranch, Florida

- 1-year price change: +$220,452 (+41.6%)
- 5-year price change: +$349,736 (+87.3%)
- Typical home value: $750,424 (#9 most expensive city in metro)
15 / 20
Stacker

#6. Bradenton Beach, Florida

- 1-year price change: +$244,542 (+41.3%)
- 5-year price change: +$386,838 (+86.1%)
- Typical home value: $836,118 (#6 most expensive city in metro)

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16 / 20
Stacker

#5. Cortez, Florida

- 1-year price change: +$260,441 (+45.3%)
- 5-year price change: +$343,344 (+69.9%)
- Typical home value: $834,841 (#7 most expensive city in metro)
17 / 20
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#4. Siesta Key, Florida

- 1-year price change: +$266,690 (+34.3%)
- 5-year price change: +$427,807 (+69.3%)
- Typical home value: $1,044,794 (#4 most expensive city in metro)
18 / 20
Stacker

#3. Longboat Key, Florida

- 1-year price change: +$374,014 (+42.2%)
- 5-year price change: +$555,570 (+78.7%)
- Typical home value: $1,261,223 (#3 most expensive city in metro)
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Stacker

#2. Holmes Beach, Florida

- 1-year price change: +$458,420 (+47.1%)
- 5-year price change: +$741,237 (+107.3%)
- Typical home value: $1,431,981 (#2 most expensive city in metro)
20 / 20
Stacker

#1. Anna Maria, Florida

- 1-year price change: +$761,060 (+48.4%)
- 5-year price change: +$1,269,645 (+119.2%)
- Typical home value: $2,334,607 (#1 most expensive city in metro)

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