North Fort Myers, FL 33917 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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North Fort Myers, FL—33917

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$293,000

6.6% YoY Growth

Household Income

$54,200

18.5% YoY Growth

Days on Market

79

5.0% Longer YoY

Home Price Forecast

-2.4%

Median Rent

$1,750

8.9% YoY Growth

1-Bed Rent

$995

7.5% YoY Growth

2-Bed Rent

$1,550

8.8% YoY Growth

3-Bed Rent

$1,800

10.0% YoY Growth

Other Zip Codes in North Fort Myers, FL

Home Price Trends — North Fort Myers, FL

As of May '26, the median home price in North Fort Myers, FL is $293,000, with a year-over-year change of -6.6%. This indicates that home prices in North Fort Myers, FL are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$293,000	-6.6%
Single Family	$308,000	-5.8%
Condos	$137,000	-20.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Fort Myers, FL

As of July '25, Rentcast reports the average rent in North Fort Myers, FL is $1,950, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in North Fort Myers, FL is 1-bedrooms: $990, 2-bedrooms: $1,770, 3-bedrooms: $1,980, 4-bedrooms: $2,400. The most common rental property sizes in North Fort Myers, FL are 2-bedroom and 3-bedroom, accounting for 43.3% and 33.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,750	$1,950
Studio Rent	N/A	N/A
1 Bed Rent	$995	$990
2 Bed Rent	$1,550	$1,770
3 Bed Rent	$1,800	$1,980
4 Bed Rent	$2,300	$2,400

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% of Rental Stock

Studio

2.2%

1 Bedroom

16.7%

2 Bedrooms

43.3%

3 Bedrooms

33.0%

4 Bedrooms

4.6%

5+ Bedrooms

0.2%

Property Listings — North Fort Myers, FL

As of May '26, Realtor.com reports that the median days on market for a home in North Fort Myers, FL is 79. This is a increase of 5.0% 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	$325,000	-7.0%
Listing Count	388	-11.0%
Listings as % of Homes	1.0%	-11.0%
Days on Market	79	5.0%

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Demographics — North Fort Myers, FL

As of the latest ACS Survey released in 2023, North Fort Myers, FL has a population of 31,900, which has increased by 8.4% over the past 5 years. North Fort Myers, FL is a less popular place for families, as children make up 13.5% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	31,900	8.4%
% Under 18	13.5%	8.0%
% Seniors	39.9%	-2.4%
% WFH	12.9%	92.5%
% w/ College Degree	19.3%	2.7%

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As of the latest ACS Survey released in 2023, North Fort Myers, FL is a predominantly white area, with 84.7% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in North Fort Myers, FL is hispanic, making up 9.9% of the population. Foreign-born residents account for 10.0% of the population in North Fort Myers, FL, and this percentage has increased by 66.7% 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	84.7%	-7.9%
% Black	1.2%	-14.3%
% Hispanic	9.9%	86.8%
% Asian	1.5%	275.0%
% Foreign Born	10.0%	66.7%

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Mortgage and Risk — North Fort Myers, FL

According to HUD data as of 2023, there were 736 mortgage originations in North Fort Myers, FL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in North Fort Myers, FL. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	736
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	1.0%
% Second Loans	7.0%
% Cash Out Refinance	6.0%

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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 5.4%. 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. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in North Fort Myers, FL, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	159
Total Units Section 8	145
% Rentals under Section 8	5.4%
% Occupied Section 8	72.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$205	$995	$1,200
2 Bedroom	-$40	$1,550	$1,510
3 Bedroom	$180	$1,800	$1,980
4 Bedroom	-$50	$2,300	$2,250