Before relocating to North Port, Florida, the first thing you should do is learn more about this city. The booming infrastructure and development the city experienced over the last few years made realtors in North Port FL even busier. The city’s constant development increased the housing demand but let’s take a closer look at how North Port has developed lately.
North Port’s Housing Market
The population boom experienced in Florida’s North Port led to the city being known as a destination location. The crime rate remained low even if the city almost quadrupled its population since 2000. The speed at which the city grew led to the explosion of housing developments across the almost 100 square miles available. Because of that, this is a seller’s market where the demand is high, and the supply is trying to keep up.
Investors continue to accommodate the housing market’s needs here, and real estate agents in North Port FL, will always be ready to guide new potential residents towards their best fit. With a median home value of $250,000 and around 55% of all homes averaging between $126,000 and $253,000, realtors in North Port FL will tell you about the housing market’s affordability. Despite the high demand, prices aren’t overestimated. Prices are just for the current market in North Port, Florida.
Another factor that can influence you into making a purchase is that over 60% of the homes available in North Port were built after 2000, mimicking the population explosion. Also, around 80% of the city’s housing market consists of single-family homes built on large lots. Real estate agents in North Port FL, know that income plays an important factor in relocating to a new city, but around 74% of the city’s residents own their homes. Let’s go into a few details about the job market in North Port, so you know what we’re referring to.
Job Opportunities in North Port, Florida
As a part of the Sarasota Metropolitan Area, North Port, Florida, had one of the fastest-growing job markets over the past six years. Managing to surpass the Cape Coral-Fort Myers area regarding population growth, realtors in North Port FL know that the city’s affordability was an influencing factor, especially compared to the average expenses of living on the coast.
This and the large influx of new residents places North Port, Florida on the list to become an attractive regional and national corporate headquarters. The city developed as a center for economic activity in the region and is powerful enough to be among the best 50 suburbs for job markets in the US. With a median household income of $60,000 and an expected job growth of 45%, the unemployment rate is likely to drop even lower than it currently is.
However, real estate agents in North Port FL can tell you more about what it’s like to live here. We’ll cover some of the best things about living in the city below, including low cost of living, low crime rates, and increasing job opportunities. Life isn’t only about working and sleeping, as realtors in North Port FL will tell you.
Things to do in Florida’s North Port
Some of the best things to do in North Port, Florida, are related to natural resources. Whether it’s the Warm Mineral Spring that we mentioned above or the amenities and activities available on and near the Myakka River, those are the closest outdoor options you’d have as a resident in North Port, Florida. However, real estate agents in North Port FL will shed light on the Cape Haze Aquatic Preserve and the Babcock Ranch Preserve. Further away, adventurous residents can also experience the thrills available at Big Cypress National Preserve, but that might be a weekend trip.
If forests, wild animals, and large expanses of nature on land don’t tickle your interest, don’t forget about the city’s location. Realtors in North Port FL will definitely remind you about the proximity to the western beaches of Florida. After only a 35-minute drive, you’ll find yourself on the shores of Venice or Manasota Key. It’s only a short day trip that your family will definitely enjoy. Just contact real estate agents in North Port FL, if you made up your mind, and they’ll be ready to answer any questions.
