25 homes sold in Punta Rassa in the last year, at a typical $996K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Punta Rassa homes are listed.
Every place Punta Rassa homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Punta Rassa.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Half of Punta Rassa’s sales are condos, at $1.6M less than a house
11 houses and 13 condos sold in the year to May 2026. Houses sell faster.
typical sale · 11 sold in 12 months
- Per square foot
- $570FL $245
- Days to sell
- 171
- Sold over asking
- 0%
- Listings with a price cut
- 42%
typical sale · 13 sold in 12 months
- Per square foot
- $365FL $262
- Days to sell
- 208
- Sold over asking
- 0%
- Listings with a price cut
- 22%
Townhouses: 1 sold, typical $525K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at twice the 2017 price
25 sales in the last year, against 39 in 2021 and a low of 22 in 2019. The typical sale went from $490K in 2017 to $996K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1M buys in Punta Rassa
Check a listing against what Punta Rassa homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Punta Rassa are back to pre-pandemic levels, with about as many homes for sale
We read every month of Punta Rassa’s home sales since 2017 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 25 sales.
If you’re buying in Punta Rassa
- Shop in January. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (4% over asking).
- Some room to negotiate. 25% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 91.5% of the list price on average; 0% paid over.
- You’ll usually have time. Only 13% of homes go under contract within two weeks; the typical one takes 211 days.
Winter brings the homes; summer brings the bidding wars
January has the most new listings (about 5 a month), but July is the most competitive: 18% of July sales close over asking. April has the least competition (0%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Florida
| Punta Rassa now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 0% | 1% | 18% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 13% | 13% | 37% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | 24% | 33% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 91.5% | 95.1% | 99.4% | 96.3% |
| Days to sellMedian days from listing to contract | 211 | 98 | 37 | 76 |
17 homes for sale on a typical day
That’s 6 times the 2021 low (3) and about the 2017–19 level.
1 in 4 listings has cut its price
25% in the last year, against 24% in 2017–19 and 28% across Florida.
Since 2019, houses are up 129%, condos 4%
A house typically sold for $2M in the last year (11 sales), a condo for $438K (13).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, city market tracker, January 2017 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Punta Rassa home costs about $5,971 a month
Price: Punta Rassa’s typical sale, last 12 months. Property tax at Punta Rassa’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Punta Rassa is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in January
The month with the most choice. June has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $996K home, about $9,300 a year.
Taxes vs. neighborsSchools
The schools grade for Punta Rassa, from test results, graduation and how much students grow.
Schools in Punta RassaTypical commute
The average one-way trip to work for people who live in Punta Rassa.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Iona, Cypress Lake, McGregor and St. James City sell for less a square foot
The busier markets within 25 miles of Punta Rassa, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Iona | 430 | $332K | $220 | 3% | 98 |
| Sanibel | 347 | $934K | $543 | 1% | 124 |
| Cypress Lake | 342 | $216K | $169 | 3% | 76 |
| Fort Myers Beach | 309 | $626K | $479 | 1% | 132 |
| McGregor | 184 | $412K | $214 | 3% | 115 |
| St. James City | 112 | $515K | $350 | 4% | 144 |
| Punta Rassa | 25 | $996K | $467 | 0% | 211 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Punta Rassa, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Punta Rassa. People who follow the town see it, and so do people comparing Punta Rassa with their own town. No commission, no listing fee.
Questions about buying a home in Punta Rassa
What do homes sell for in Punta Rassa, FL?
25 homes sold in the year to May 2026 at a typical $996K, $467 a square foot. Houses sold for about $2M, condos for about $438K.
Is Punta Rassa a buyer’s or seller’s market?
A buyer’s market: 22 homes were for sale in May 2026 and 2 sold, about 11 months of supply. Buyers paid 91.5% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Punta Rassa?
January brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Punta Rassa?
About 0.9% of a home’s value a year. On a $996K home that’s near $9,300.
Where can I see homes for sale in Punta Rassa?
Zillow, Redfin, Realtor.com and Homes.com all carry Punta Rassa’s MLS listings; the search links above open each one filtered to Punta Rassa.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).