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Featured local agent — Punta Rassa, FL
Sarah Mitchell
Compass Real Estate · Punta Rassa, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Punta Rassa, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$602,500median sale price
How is the Punta Rassa, FL housing market right now?
The median home sale price in Punta Rassa, FL is $602,500, down 22.8% year-over-year. Homes sell in an average of 200 days with 22 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Punta Rassa a buyer's or seller's market?
Punta Rassa, FL is currently a buyer's market, based on 11.0 months of supply and homes selling in about 200 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
200
Average pace
Active listings
22
11.0 months supply
Sale-to-list
96.4%
Below asking
What does the Punta Rassa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $602,500 |
| Median list price | $590,000 |
| Year-over-year price change | -22.8% |
| Average days on market | 200 days |
| Active inventory | 22 listings |
| Months of supply | 11.0 months |
| Sale-to-list price ratio | 96.4% |
| Median price per sq ft | $476/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Listings with a price cut | 18.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Punta Rassa by property type?
How the Punta Rassa, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $680,000 | $575/sq ft | 1 | 62 days |
| Townhouse | $525,000 | $376/sq ft | 1 | 337 days |
Source: Redfin · Updated monthly
The Punta Rassa housing market is currently classified as a buyer's market with a median sale price of $602,500. Prices have fallen 22.8% compared to last year, with homes spending an average of 200 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Punta Rassa
There are currently 22 homes listed for sale in Punta Rassa, Florida. The median listing price is $590K.
Active listings
22
Homes on market
Median list price
$590K
Avg. days on market
200
Days until sale
New this week
3
Newly listed
Who lives in Punta Rassa?
Population
1,317
Median income
$94,318/yr
Median age
81.2 years
Owner-occupied
38.3%
College grads
57.0%
Source: U.S. Census Bureau ACS
What is it like to live in Punta Rassa?
Punta Rassa is a community of approximately 1K residents with a median age of 81.2 years.The median household income is $94,318, which reflects a relatively affluent area with strong earning potential. 57.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 38.3%, showing a blend of owner and renter-occupied properties.Overall, Punta Rassa offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Punta Rassa, FL?
Want a head-to-head view? Compare Punta Rassa side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Punta Rassa?
The median home sale price in Punta Rassa is $602,500, down 22.8% from last year.
How long do homes stay on market in Punta Rassa?
Homes typically spend 200 days on market before going under contract.
What is the median income in Punta Rassa?
The median household income is $94,318 per year.
Is Punta Rassa a buyer's or seller's market?
With 11.0 months of supply, Punta Rassa is currently a buyer's market.
What is the median condo price in Punta Rassa?
The median condo/co-op sale price in Punta Rassa, FL is $680,000, based on the latest Redfin data.
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