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Fort Myers, FL—33916

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$214,000
11.5% YoY Growth
Household Income
$49,400
34.2% YoY Growth
Days on Market
87
1.0% Shorter YoY
Home Price Forecast
-0.6%
Median Rent
$1,980
7.4% YoY Growth
1-Bed Rent
$1,250
3.8% YoY Growth
2-Bed Rent
$1,750
7.8% YoY Growth
3-Bed Rent
$2,300
9.6% YoY Growth

Other Zip Codes in Fort Myers, FL

339673390733919339053396633913339013391233908
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Fort Myers, FL

As of Dec '25, the median home price in Fort Myers, FL is $214,000, with a year-over-year change of -11.5%. 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 TypeMedian Home ValueYoY % Change
All Homes
$214,000-11.5%
Single Family $214,000-11.2%
Condos $211,000-15.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $120,000
    -14.3%
    2 Bed
    		$185,000-14.7%
    3 Bed
    		$220,000-11.3%
    4 Bed
    		$279,000-10.6%
    5 Bed $312,738-9.0%
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    % of Housing Stock

    Studio
    3.7%
    1 Bedroom
    14.3%
    2 Bedrooms
    38.5%
    3 Bedrooms
    35.5%
    4 Bedrooms
    7.2%
    5+ Bedrooms
    0.7%

    Rental Trends — Fort Myers, FL

    As of July '25, Rentcast reports the average rent in Fort Myers, FL is $2,120, with a year-over-year rent change of -7.4%. Per bedroom, the median rent as of July '25 in Fort Myers, FL is studios: $1,750, 1-bedrooms: $1,530, 2-bedrooms: $1,900, 3-bedrooms: $2,440, 4-bedrooms: $2,860. The most common rental property sizes in Fort Myers, FL are 2-bedroom and 3-bedroom, accounting for 45.2% and 27.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,980$2,120
    Studio Rent $1,750$1,750
    1 Bed Rent $1,250$1,530
    2 Bed Rent $1,750$1,900
    3 Bed Rent $2,300$2,440
    4 Bed Rent $2,650$2,860
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    % of Rental Stock

    Studio
    5.6%
    1 Bedroom
    18.7%
    2 Bedrooms
    45.2%
    3 Bedrooms
    27.1%
    4 Bedrooms
    3.3%

    Property Listings — Fort Myers, FL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Fort Myers, FL is 74. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$290,000-12.0%
    Listing Count
    		2498.0%
    Listings as % of Homes1.4%8.0%
    Days on Market
    		87-1.0%
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    Demographics — Fort Myers, FL

    As of the latest ACS Survey released in 2023, Fort Myers, FL has a population of 27,600, which has increased by 17.9% over the past 5 years. Fort Myers, FL is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		27,60017.9%
    % Under 18
    		22.0%-20.0%
    % Seniors
    		12.9%4.0%
    % WFH
    		9.4%394.7%
    % w/ College Degree
    		21.2%8.2%
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    As of the latest ACS Survey released in 2023, Fort Myers, FL is a predominantly black area, with 35.3% of the population identifying as black. The black population has shrunk by 18.1% in the last 5 years. The second most common race or ethnicity in Fort Myers, FL is hispanic, making up 30.2% of the population. Foreign-born residents account for 21.5% of the population in Fort Myers, FL, and this percentage has decreased by 6.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		27.6%5.7%
    % Black
    		35.3%-18.1%
    % Hispanic
    		30.2%5.6%
    % Asian
    		2.2%2,100.0%
    % Foreign Born
    		21.5%-6.9%
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    Mortgage and Risk — Fort Myers, FL

    According to HUD data as of 2023, there were 239 mortgage originations in Fort Myers, FL, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in 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

    MetricZip Code Average
    Total Loan Originations
    		239
    % Conventional Loans
    		73.0%
    % Government Loans
    		27.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		4.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Fort Myers, FL

    As of 2024, the percent of homes in Fort Myers, FL under the Section 8 program is 12.0%. 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 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 and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		1,209
    Total Units Section 8
    		895
    % Rentals under Section 8
    		12.0%
    % Occupied Section 8
    		77.5%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$30$1,250$1,280
    2 Bedroom-$160$1,750$1,590
    3 Bedroom-$210$2,300$2,090
    4 Bedroom-$330$2,650$2,320

    Affordability — Fort Myers, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5
    Median Home Price$214,000
    Median Household Income$49,400

    Fort Myers, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Fort Myers, FL

    33901

    Fort Myers, FL

    33966

    North Fort Myers, FL

    33903

    Fort Myers, FL

    33907

    Fort Myers, FL

    33905

    Frequently Asked Questions