North Fort Myers, FL 33903 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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North Fort Myers, FL—33903

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$227,000

10.5% YoY Growth

Household Income

$56,300

41.6% YoY Growth

Days on Market

80

12.0% Shorter YoY

Home Price Forecast

-2.8%

Median Rent

$1,650

11.0% YoY Growth

1-Bed Rent

$1,350

11.8% YoY Growth

2-Bed Rent

$1,550

9.2% YoY Growth

3-Bed Rent

$2,400

10.6% 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 $227,000, with a year-over-year change of -10.5%. This indicates that home prices in North Fort Myers, FL are decreasing. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$227,000	-10.5%
Single Family	$260,000	-7.8%
Condos	$147,000	-16.5%

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 $2,100, with a year-over-year rent change of -11.0%. Per bedroom, the median rent as of July '25 in North Fort Myers, FL is studios: $994, 1-bedrooms: $1,350, 2-bedrooms: $1,880, 3-bedrooms: $2,540, 4-bedrooms: $3,440. The most common rental property sizes in North Fort Myers, FL are 2-bedroom and 1-bedroom, accounting for 56.2% and 17.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$2,100
Studio Rent	$950	$994
1 Bed Rent	$1,350	$1,350
2 Bed Rent	$1,550	$1,880
3 Bed Rent	$2,400	$2,540
4 Bed Rent	$3,500	$3,440

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% of Rental Stock

Studio

5.1%

1 Bedroom

17.5%

2 Bedrooms

56.2%

3 Bedrooms

16.6%

4 Bedrooms

4.6%

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 80. This is a decrease of -12.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$309,000	-2.0%
Listing Count	256	-18.0%
Listings as % of Homes	0.6%	-18.0%
Days on Market	80	-12.0%

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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 23,200, which has increased by 4.9% over the past 5 years. North Fort Myers, FL is a less popular place for families, as children make up 10.9% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	23,200	4.9%
% Under 18	10.9%	-11.4%
% Seniors	46.3%	13.8%
% WFH	10.4%	31.6%
% w/ College Degree	23.9%	25.1%

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As of the latest ACS Survey released in 2023, North Fort Myers, FL is a predominantly white area, with 80.6% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in North Fort Myers, FL is hispanic, making up 14.0% of the population. Foreign-born residents account for 11.2% of the population in North Fort Myers, FL, and this percentage has increased by 13.1% 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	80.6%	-1.2%
% Black	2.5%	-28.6%
% Hispanic	14.0%	9.4%
% Asian	0.9%	0.0%
% Foreign Born	11.2%	13.1%

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Mortgage and Risk — North Fort Myers, FL

According to HUD data as of 2023, there were 243 mortgage originations in North Fort Myers, FL, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in North 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

Metric	Zip Code Average
Total Loan Originations	243
% 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 — North Fort Myers, FL

As of 2024, the percent of homes in North Fort Myers, FL under the Section 8 program is 8.4%. 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. In North Fort Myers, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	414
Total Units Section 8	189
% Rentals under Section 8	8.4%
% Occupied Section 8	82.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$150	$1,350	$1,200
2 Bedroom	-$40	$1,550	$1,510
3 Bedroom	-$420	$2,400	$1,980
4 Bedroom	-$1,250	$3,500	$2,250