Fort Myers, FL—33912
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Myers, FL
As of Oct '25, the median home price in Fort Myers, FL is $381,000, with a year-over-year change of -10.6%. This indicates that home prices in Fort Myers, FL are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $381,000 | -10.6% |
| Single Family | $495,000 | -9.7% |
| Condos | $259,000 | -13.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $263,000 | -13.5% |
3 Bed | $451,000 | -9.3% |
4 Bed | $612,000 | -8.0% |
| 5 Bed | $810,000 | -8.9% |
% of Housing Stock
Rental Trends — Fort Myers, FL
As of July '25, Rentcast reports the average rent in Fort Myers, FL is $3,330, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in Fort Myers, FL is studios: $1,670, 1-bedrooms: $1,440, 2-bedrooms: $3,010, 3-bedrooms: $4,270, 4-bedrooms: $4,190. The most common rental property sizes in Fort Myers, FL are 2-bedroom and 1-bedroom, accounting for 39.6% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $3,330 |
| Studio Rent | $1,710 | $1,670 |
| 1 Bed Rent | $1,400 | $1,440 |
| 2 Bed Rent | $2,300 | $3,010 |
| 3 Bed Rent | $3,250 | $4,270 |
| 4 Bed Rent | $3,000 | $4,190 |
% of Rental Stock
Property Listings — Fort Myers, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Myers, FL is 67. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $473,000 | 16.0% |
Listing Count | 223 | -14.0% |
| Listings as % of Homes | 1.1% | -14.0% |
Days on Market | 67 | -1.0% |
Demographics — Fort Myers, FL
As of the latest ACS Survey released in 2023, Fort Myers, FL has a population of 19,200, which has increased by 4.1% over the past 5 years. Fort Myers, FL is a less popular place for families, as children make up 12.9% of the population. The area has a highly educated workforce, with 48.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 4.1% |
% Under 18 | 12.9% | 12.2% |
% Seniors | 40.5% | -4.3% |
% WFH | 12.7% | 108.2% |
% w/ College Degree | 48.4% | 16.9% |
As of the latest ACS Survey released in 2023, Fort Myers, FL is a predominantly white area, with 85.0% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Fort Myers, FL is hispanic, making up 7.6% of the population. Foreign-born residents account for 11.3% of the population in Fort Myers, FL, and this percentage has increased by 6.6% 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 | 85.0% | -3.1% |
% Black | 2.6% | 766.7% |
% Hispanic | 7.6% | 4.1% |
% Asian | 2.4% | -42.9% |
% Foreign Born | 11.3% | 6.6% |
Mortgage and Risk — Fort Myers, FL
According to HUD data as of 2023, there were 285 mortgage originations in Fort Myers, FL, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Fort Myers, FL. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 285 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Fort Myers, FL
As of 2024, the percent of homes in Fort Myers, FL under the Section 8 program is 0.0%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Fort Myers, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 69 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,400 | $1,720 |
| 2 Bedroom | -$170 | $2,300 | $2,130 |
| 3 Bedroom | -$450 | $3,250 | $2,800 |
| 4 Bedroom | $110 | $3,000 | $3,110 |
Affordability — Fort Myers, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $381,000 |
| Median Household Income | $101,000 |