The Section 8 housing market is somewhat competitive. The median sale price of a home in Section 8 was $313K last month, up 4.3% since last year. The median sale price per square foot in Section 8 is $194, down 9.13% since last year.
What is the housing market like in Section 8 today?
In March 2024, Section 8 home prices were up 4.3% compared to last year, selling for a median price of $313K. On average, homes in Section 8 sell after 82 days on the market compared to 22 days last year. There were 23 homes sold in March this year, up from 19 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$313,000
+4.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Section 8, FL
$313,000
+4.3%
United States
To compare other locations to the Section 8 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Port Charlotte add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Section 8 housing market?
Section 8 is somewhat competitive. Homes sell in 68 days.
0
100
37
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 68 days.
Hot homes
can sell for around list price and go pending in around 46 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Section 8 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Section 8.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Section 8 has an extreme risk of flooding. 3,250 properties in Section 8 are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Section 8. Flood risk is increasing slower than the national average.
17% of properties are at risk of wildfire over the next 30 years
Fire Factor
Section 8 has a moderate risk of wildfire. There are 576 properties in Section 8 that have some risk of being affected by wildfire over the next 30 years. This represents 17% of all properties in Section 8.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Section 8 has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Section 8 is most at risk from hurricanes. 3,250 properties in Section 8 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 160 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 173 mph.