33954, Port Charlotte, FL

Home equity is the difference between the market value of a home and what a homeowner owes on their mortgage. In Port Charlotte, FL 33954, the median home equity was $161,000 in 2016. This means that half of all homeowners in this zip code had more equity in their homes than what they owed on their mortgages.

The average home price in Port Charlotte was $236,000 in 2016. This means that nearly two-thirds of all homes sold in this zip code were worth more than what they were originally financed for. These high home prices are likely due to the strong economy and low interest rates, which have made it easier for people to afford homes and pay off debts.

Despite these high prices, there are still many opportunities available to buyers in Port Charlotte 33954. The area has a population of just over 3600 people and is only about an hour away from both Fort Myers and Naples. Additionally, there are plenty of schools and recreational opportunities available nearby, making it an ideal place to raise a family or start your own business.