Bokeelia Home Prices & Values

$222,900 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 9.4% 1-year change
  • 3.5% 1-year forecast

The median home value in Bokeelia is $222,900. Bokeelia home values have gone up 9.4% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Bokeelia is $174, which is higher than the Fort Myers Metro average of $124. The median price of homes currently listed in Bokeelia is $249,900 while the median price of homes that sold is $232,500. The median rent price in Bokeelia is $2,500, which is higher than the Fort Myers Metro median of $1,400.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Bokeelia is 15.7%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Bokeelia homeowners underwater on their mortgage is 14.0%, which is lower than Fort Myers Metro at 19.6%.

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Relative ZHVI
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Bokeelia Market Overview

Data through Aug 31, 2014
  • $222,900 ZHVI
  • 3.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $249,900 Median listing price
  • $232,500 Median sale price (Jul 31, 2014)
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Bokeelia Market Health

Data through Aug 31, 2014
  • 1.9/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 14.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 15.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Boca Grande $1,100,200 Captiva $866,400 Sanibel $617,300
Fort Myers Beach $367,600 Placida $314,000 Saint James City $280,300
Rotonda West $190,400 Cape Coral $166,600 Port Charlotte $120,000

Listings & Sales

Data through Aug 31, 2014
  • $174 Median list price / sq ft
  • $153 Median sale price / sq ft (Jul 31, 2014)
  • 25.2% Listings with price cut
23.1%
Sold below listing
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Bokeelia Rentals

Data through Aug 31, 2014
  • 1.1 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $2,500 Rent list price
  • $2.45 Rent list price / sq ft
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