North Fort Myers, FL—33903
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in North Fort Myers, FL
Home Price Trends — North Fort Myers, FL
As of Oct '25, the median home price in North Fort Myers, FL is $225,000, with a year-over-year change of -13.2%. This indicates that home prices in North Fort Myers, FL are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $225,000 | -13.2% |
| Single Family | $254,000 | -12.1% |
| Condos | $154,000 | -20.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $106,000 | -18.5% |
2 Bed | $154,000 | -15.4% |
3 Bed | $295,000 | -11.4% |
4 Bed | $376,000 | -10.0% |
| 5 Bed | $551,000 | -7.2% |
% of Housing Stock
Rental Trends — North Fort Myers, FL
As of July '25, Rentcast reports the average rent in North Fort Myers, FL is $2,100, with a year-over-year rent change of -11.0%. Per bedroom, the median rent as of July '25 in North Fort Myers, FL is studios: $994, 1-bedrooms: $1,350, 2-bedrooms: $1,880, 3-bedrooms: $2,540, 4-bedrooms: $3,440. The most common rental property sizes in North Fort Myers, FL are 2-bedroom and 1-bedroom, accounting for 56.2% and 17.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $2,100 |
| Studio Rent | $950 | $994 |
| 1 Bed Rent | $1,350 | $1,350 |
| 2 Bed Rent | $1,550 | $1,880 |
| 3 Bed Rent | $2,400 | $2,540 |
| 4 Bed Rent | $3,500 | $3,440 |
% of Rental Stock
Property Listings — North Fort Myers, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in North Fort Myers, FL is 119. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $297,000 | -9.0% |
Listing Count | 235 | 4.0% |
| Listings as % of Homes | 0.6% | 4.0% |
Days on Market | 119 | 28.0% |
Demographics — North Fort Myers, FL
As of the latest ACS Survey released in 2023, North Fort Myers, FL has a population of 23,200, which has increased by 4.9% over the past 5 years. North Fort Myers, FL is a less popular place for families, as children make up 10.9% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,200 | 4.9% |
% Under 18 | 10.9% | -11.4% |
% Seniors | 46.3% | 13.8% |
% WFH | 10.4% | 31.6% |
% w/ College Degree | 23.9% | 25.1% |
As of the latest ACS Survey released in 2023, North Fort Myers, FL is a predominantly white area, with 80.6% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in North Fort Myers, FL is hispanic, making up 14.0% of the population. Foreign-born residents account for 11.2% of the population in North Fort Myers, FL, and this percentage has increased by 13.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.6% | -1.2% |
% Black | 2.5% | -28.6% |
% Hispanic | 14.0% | 9.4% |
% Asian | 0.9% | 0.0% |
% Foreign Born | 11.2% | 13.1% |
Mortgage and Risk — North Fort Myers, FL
According to HUD data as of 2023, there were 243 mortgage originations in North Fort Myers, FL, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in North Fort Myers, FL. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 243 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — North Fort Myers, FL
As of 2024, the percent of homes in North Fort Myers, FL under the Section 8 program is 8.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Fort Myers, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 414 |
Total Units Section 8 | 189 |
% Rentals under Section 8 | 8.4% |
% Occupied Section 8 | 82.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $1,350 | $1,200 |
| 2 Bedroom | -$40 | $1,550 | $1,510 |
| 3 Bedroom | -$420 | $2,400 | $1,980 |
| 4 Bedroom | -$1,250 | $3,500 | $2,250 |
Affordability — North Fort Myers, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $225,000 |
| Median Household Income | $56,300 |