Home prices have dropped in North Port more than anywhere else across the country over the past year, according to a report by Consumer Affairs.
The report says the median sale price in North Port dropped from $477,229 to $427,907, which is 10.3% between April 2024 and April 2025.
North Port Community Correspondent Hunter Walterman explains why a realtor believes the drop is so significant:
REPORT: North Port home prices see biggest drop in country
Rising insurance costs in the wake of major storms like Ian are partially to blame, the report suggested. As insurance becomes more expensive, home buyers have less money to play with – forcing sellers to drop prices…