34289
North Port, Florida
North Port 34289 needs watching.
The 34289 ZIP code in North Port, Florida has a median sale price of $328K, down -7.0% year-over-year. Homes spend an average of 98 days on market, with 3% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 34289.
North Port's 34289 ZIP code shows clear cooling with a median sale price of $327,500, down 7.0% year-over-year as of February 2026. Homes are sitting for an average of 98 days before selling, reflecting substantially softer demand than peak market conditions. Only 3% of properties sell above list price, indicating minimal buyer competition and a decisive shift toward price discovery favoring purchasers over sellers in this Sarasota County submarket.
The current environment benefits cash-positioned buyers who can negotiate below-ask transactions in a market where 97% of sales close at or under list price. Sellers with flexible timelines face a three-month absorption period but can still transact at the $327,500 median if priced appropriately. Investors seeking discounted entry points have leverage in negotiations, though the 7.0% annual decline requires careful underwriting of further downside risk before stabilization occurs.
The PropIQ score of 41/100 signals continued caution, suggesting the market hasn't established a floor despite current pricing levels. The combination of extended days-on-market and negative price momentum indicates further downward pressure remains possible through 2026. Buyers should monitor month-over-month inventory changes and price cut frequency, as stabilization will emerge when DOM contracts below 80 days and the percentage selling above list approaches double digits.
What is the median home price in 34289 North Port?
The median sale price in 34289 is $328K, down -7.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in North Port 34289?
Homes in 34289 North Port spend an average of 98 days on market before going under contract.
Is North Port 34289 a good place to invest in real estate?
Folio's PropIQ™ score for 34289 is 41/100 — a Caution signal. 3% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 34289?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 41 = Caution in 34289 North Port, Florida.