Fort Myers, FL—33913
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 $442,000, with a year-over-year change of -9.8%. This indicates that home prices in Fort Myers, FL are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $442,000 | -9.9% |
| Single Family | $475,000 | -9.9% |
| Condos | $303,000 | -12.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $226,000 | -17.5% |
2 Bed | $335,000 | -11.8% |
3 Bed | $462,000 | -9.6% |
4 Bed | $570,000 | -8.2% |
| 5 Bed | $578,000 | -8.1% |
% of Housing Stock
Rental Trends — Fort Myers, FL
As of July '25, Rentcast reports the average rent in Fort Myers, FL is $3,660, with a year-over-year rent change of 0.3%. Per bedroom, the median rent as of July '25 in Fort Myers, FL is studios: $1,780, 1-bedrooms: $1,620, 2-bedrooms: $3,930, 3-bedrooms: $3,460, 4-bedrooms: $4,330. The most common rental property sizes in Fort Myers, FL are 2-bedroom and 3-bedroom, accounting for 61.8% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,660 |
| Studio Rent | $1,780 | $1,780 |
| 1 Bed Rent | $1,500 | $1,620 |
| 2 Bed Rent | $3,200 | $3,930 |
| 3 Bed Rent | $2,650 | $3,460 |
| 4 Bed Rent | $3,100 | $4,330 |
% 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 69. This is a increase of 9.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $498,000 | -3.0% |
Listing Count | 613 | -1.0% |
| Listings as % of Homes | 2.2% | -1.0% |
Days on Market | 69 | 9.0% |
Demographics — Fort Myers, FL
As of the latest ACS Survey released in 2023, Fort Myers, FL has a population of 28,200, which has increased by 18.3% over the past 5 years. Fort Myers, FL is a moderately popular place for families, as children make up 15.6% of the population. The area has a highly educated workforce, with 47.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,200 | 18.3% |
% Under 18 | 15.6% | 2.0% |
% Seniors | 33.7% | 23.0% |
% WFH | 22.3% | 209.7% |
% w/ College Degree | 47.1% | 4.9% |
As of the latest ACS Survey released in 2023, Fort Myers, FL is a predominantly white area, with 74.5% 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 13.0% of the population. Foreign-born residents account for 13.7% of the population in Fort Myers, FL, and this percentage has increased by 2.2% 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 | 74.5% | -3.1% |
% Black | 5.3% | -5.4% |
% Hispanic | 13.0% | 20.4% |
% Asian | 1.7% | -61.4% |
% Foreign Born | 13.7% | 2.2% |
Mortgage and Risk — Fort Myers, FL
According to HUD data as of 2023, there were 149 mortgage originations in Fort Myers, FL, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Fort Myers, FL. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 149 |
% Conventional Loans | 48.0% |
% Government Loans | 52.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
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 0.1%. 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 3-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 units do not.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,500 | $1,790 |
| 2 Bedroom | -$980 | $3,200 | $2,220 |
| 3 Bedroom | $270 | $2,650 | $2,920 |
| 4 Bedroom | $140 | $3,100 | $3,240 |
Affordability — Fort Myers, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $442,000 |
| Median Household Income | $107,000 |