Estero, FL—33928
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Estero, FL
As of Oct '25, the median home price in Estero, FL is $477,000, with a year-over-year change of -8.2%. This indicates that home prices in Estero, 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 | $477,000 | -8.2% |
| Single Family | $545,000 | -8.2% |
| Condos | $337,000 | -9.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $165,000 | -11.3% |
2 Bed | $331,000 | -10.1% |
3 Bed | $524,000 | -7.6% |
4 Bed | $639,000 | -7.9% |
| 5 Bed | $741,000 | -7.6% |
% of Housing Stock
Rental Trends — Estero, FL
As of July '25, Rentcast reports the average rent in Estero, FL is $3,630, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Estero, FL is studios: $1,540, 1-bedrooms: $1,880, 2-bedrooms: $3,060, 3-bedrooms: $4,110, 4-bedrooms: $4,150. The most common rental property sizes in Estero, FL are 2-bedroom and 1-bedroom, accounting for 39.3% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,630 |
| Studio Rent | $1,540 | $1,540 |
| 1 Bed Rent | $1,810 | $1,880 |
| 2 Bed Rent | $2,420 | $3,060 |
| 3 Bed Rent | $3,300 | $4,110 |
| 4 Bed Rent | $3,650 | $4,150 |
% of Rental Stock
Property Listings — Estero, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Estero, FL is 70. This is a increase of 14.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $550,000 | -6.0% |
Listing Count | 565 | 17.0% |
| Listings as % of Homes | 1.2% | 17.0% |
Days on Market | 70 | 14.0% |
Demographics — Estero, FL
As of the latest ACS Survey released in 2023, Estero, FL has a population of 30,800, which has increased by 24.7% over the past 5 years. Estero, FL is a less popular place for families, as children make up 13.3% of the population. The area has a highly educated workforce, with 47.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,800 | 24.7% |
% Under 18 | 13.3% | -8.3% |
% Seniors | 43.2% | -0.7% |
% WFH | 21.3% | 142.0% |
% w/ College Degree | 47.8% | 7.9% |
As of the latest ACS Survey released in 2023, Estero, FL is a predominantly white area, with 85.1% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Estero, FL is hispanic, making up 8.4% of the population. Foreign-born residents account for 11.1% of the population in Estero, FL, and this percentage has decreased by 14.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.1% | -2.0% |
% Black | 1.2% | -40.0% |
% Hispanic | 8.4% | 15.1% |
% Asian | 2.7% | -3.6% |
% Foreign Born | 11.1% | -14.0% |
Mortgage and Risk — Estero, FL
According to HUD data as of 2023, there were 514 mortgage originations in Estero, FL, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Estero, FL. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 514 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Estero, FL
Estero, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,810 | $2,020 |
| 2 Bedroom | $80 | $2,420 | $2,500 |
| 3 Bedroom | -$20 | $3,300 | $3,280 |
| 4 Bedroom | $0 | $3,650 | $3,650 |
Affordability — Estero, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $477,000 |
| Median Household Income | $100,000 |