Published October 11, 2026 in Market Update

North Port sales picked up even with mortgage rates above 7%

By Toni Westerfield

Real estate, North Port, Fl

Mortgage rates topped 7% in September 2026, according to Realtor.com. Most people expected that to slow things down. In North Port, it did not.

The Real Estate Data Aggregator counted 154 homes sold in ZIP 34286 during the three months ending August 31, 2026. That is up 15.8% from the same months in 2025. Serious buyers showed up even with rates above 7%.

CNBC reported the average 30-year fixed rate hit 7.49% in early October 2026. That is a real cost. Still, North Port buyers kept signing contracts.

Pending sales tell the same story

The Real Estate Data Aggregator showed 179 pending sales in ZIP 34286. That is up 16.2% year over year. Nearly 27 in 100 homes went under contract within two weeks of listing. That share rose 5.4 points from a year before.

For sellers, this means motivated buyers are still out there. For buyers, it means competition has not faded the way some hoped.

Homes are selling faster and closer to asking price

The Real Estate Data Aggregator put the median days on market at 58 days. That is 21 days shorter than the same period last year. Homes are not sitting as long. The average sale price came in at 99.1% of list price, up 1.5 points. Sellers are giving up less ground than they were a year ago.

Prices held steady, supply tightened a little

The Real Estate Data Aggregator counted 214 homes for sale in ZIP 34286. That is down 3.2% from a year before. Supply tightened a little even as new listings ticked up 0.6% to 175. Months of supply fell to 4.3, down 0.8 months from a year ago.

The median sale price came in at $329,900, up just 0.6% from a year before. Prices did not leap. They held. That is a calmer story than some markets, and an honest one.

Nationally, Realtor.com reported price cuts hit four-year highs in September 2026. North Port did not follow that pattern. The sale-to-list ratio here actually rose.

One more thing worth knowing. The numbers above cover all of ZIP 34286. One street can read very differently from the whole ZIP code. A home near a school, a park or a main road can sell faster or slower than these averages suggest.