Cities with the fastest growing home prices in Punta Gorda metro area

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January 19, 2023
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Cities with the fastest growing home prices in Punta Gorda metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no 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 Punta Gorda, FL metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 4 cities and towns with data available were included in the list.

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1 / 4
Stacker

#4. Port Charlotte, FL

- 1-year price change: +$56,689 (+19.8%)
- 5-year price change: +$167,119 (+94.8%)
- Typical home value: $343,369 (#4 most expensive city in metro)
2 / 4
Stacker

#3. Punta Gorda, FL

- 1-year price change: +$71,720 (+19.0%)
- 5-year price change: +$202,885 (+82.5%)
- Typical home value: $448,744 (#3 most expensive city in metro)
3 / 4
Stacker

#2. Rotonda West, FL

- 1-year price change: +$71,789 (+18.0%)
- 5-year price change: +$215,542 (+84.7%)
- Typical home value: $469,957 (#2 most expensive city in metro)
4 / 4
Stacker

#1. Placida, FL

- 1-year price change: +$113,110 (+22.2%)
- 5-year price change: +$272,627 (+77.7%)
- Typical home value: $623,340 (#1 most expensive city in metro)

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