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Punta Gorda city, FL

ZIP 33950 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33950

Median Home Value
$393,500
Median Rent
$1,057
Affordability Snapshot
$108,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,528/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

31.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 33950 in Punta Gorda city, FL, a household would need roughly $108,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,528. That is about 45% above the local median household income ($74,484), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 27% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.1%+27% vs US avg
x
Vacancy Rate
26.7%+159% vs US avg
x
Broadband Access
92.9%+7% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
0.8%-93% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
21.2%-57% vs US avg
x
Mortgage-Free
63.0%+65% vs US avg
x
$393,500
Home Value
$1,057
Rent
1995
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached52.3%
  • 1-unit attached4.6%
  • 2-9 units12.5%
  • 10+ units13.2%
  • Mobile home & other17.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$393,500
Median rent$1,057
Owner-occupied83.1%
Vacant26.7%
Price-to-income5.3x
Est. income to buy$108,000