Coastal Florida enclave saw home values plunge by 8% in just a year — and it’s only getting worse
Mădălin Mihai
Florida’s housing slowdown has turned into a full-blown fall in Punta Gorda, where the once-booming Gulf Coast enclave is now leading the state in plummeting home values. New data from Realtor.com shows the median home price in Punta Gorda dropped 7.97% between January 2025 and January 2026 — erasing $26,624 in value in just 12 months. Across Florida, homeowners lost a median $10,157 over the same period, with nine metro areas posting five-figure declines. In a town long prized for its brick-
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