Port Charlotte is nestled in Charlotte County, which is not as densely populated as other areas in Florida, such as Miami or Tampa. This lower population density can lead to lower housing prices, as there is less clamor for real estate. Another reason could be that Port Charlotte is not a metropolitan megalopolis or tourist hub compared to other areas in Florida, which can lead to lower living costs. However, this is gradually changing as the area is becoming more sought-after with retirees and second-home buyers. Furthermore, Port Charlotte is located inland and not directly on the coast, which may make it less appealing to buyers looking for oceanfront properties. Nevertheless, the area is still in close proximity to beaches, parks, and other recreational areas, making it a beguiling abode for those seeking an active and outdoor lifestyle. Overall, it is pivotal to note that the real estate market can be influenced by a plethora of factors, and prices can fluctuate over time. Therefore, conducting thorough research and seeking professional advice is quintessential before making any investment decisions.