Fort Myers, FL—33919
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 $251,000, with a year-over-year change of -14.8%. This indicates that home prices in Fort Myers, FL are decreasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $251,000 | -14.8% |
| Single Family | $339,000 | -12.4% |
| Condos | $193,000 | -18.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $110,000 | -19.7% |
2 Bed | $200,000 | -17.7% |
3 Bed | $330,000 | -12.0% |
4 Bed | $546,000 | -8.7% |
| 5 Bed | $1,041,000 | -7.8% |
% of Housing Stock
Rental Trends — Fort Myers, FL
As of July '25, Rentcast reports the average rent in Fort Myers, FL is $2,200, with a year-over-year rent change of -1.3%. Per bedroom, the median rent as of July '25 in Fort Myers, FL is studios: $1,100, 1-bedrooms: $1,580, 2-bedrooms: $2,120, 3-bedrooms: $2,390, 4-bedrooms: $4,340. The most common rental property sizes in Fort Myers, FL are 2-bedroom and 3-bedroom, accounting for 64.5% and 18.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,200 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | $1,300 | $1,580 |
| 2 Bed Rent | $1,900 | $2,120 |
| 3 Bed Rent | $2,280 | $2,390 |
| 4 Bed Rent | $4,000 | $4,340 |
% 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 100. This is a increase of 18.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $266,000 | -9.0% |
Listing Count | 501 | -1.0% |
| Listings as % of Homes | 1.2% | -1.0% |
Days on Market | 100 | 18.0% |
Demographics — Fort Myers, FL
As of the latest ACS Survey released in 2023, Fort Myers, FL has a population of 30,300, which has decreased by -1.5% over the past 5 years. Fort Myers, FL is a less popular place for families, as children make up 10.8% of the population. The area has a moderately educated workforce, with 41.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,300 | -1.5% |
% Under 18 | 10.8% | -23.4% |
% Seniors | 39.0% | 3.7% |
% WFH | 14.0% | 122.2% |
% w/ College Degree | 41.0% | 10.2% |
As of the latest ACS Survey released in 2023, Fort Myers, FL is a predominantly white area, with 84.1% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Fort Myers, FL is hispanic, making up 8.5% of the population. Foreign-born residents account for 9.9% of the population in Fort Myers, FL, and this percentage has increased by 30.3% 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 | 84.1% | -2.9% |
% Black | 2.5% | 47.1% |
% Hispanic | 8.5% | -3.4% |
% Asian | 2.7% | 237.5% |
% Foreign Born | 9.9% | 30.3% |
Mortgage and Risk — Fort Myers, FL
According to HUD data as of 2023, there were 589 mortgage originations in Fort Myers, FL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Fort Myers, FL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 589 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 10.0% |
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 0.6%. 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 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 | 190 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 71.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,300 | $1,510 |
| 2 Bedroom | -$30 | $1,900 | $1,870 |
| 3 Bedroom | $180 | $2,280 | $2,460 |
| 4 Bedroom | -$1,270 | $4,000 | $2,730 |
Affordability — Fort Myers, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $251,000 |
| Median Household Income | $73,300 |