Fort Myers Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$171,600

  • 6.7% 1-year change
  • 2.3% 1-year forecast

The median home value in Fort Myers is $171,600. Fort Myers home values have gone up 6.7% over the past year and Zillow predicts they will rise 2.3% within the next year. The median rent price in Fort Myers is $1,550, which is lower than the Fort Myers Metro median of $1,600.

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 Fort Myers is 6.7%, which is higher than the national value of 6.0%. 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 Fort Myers homeowners underwater on their mortgage is 15.1%, which is higher than Fort Myers Metro at 14.3%.

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Relative ZHVI
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Fort Myers Market Overview

Data through Jul 31, 2015
  • $171,600 ZHVI
  • 2.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $184,875 Median sale price
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Fort Myers Market Health

Data through Jul 31, 2015
  • 4.4/10 Less healthy
    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
  • 15.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Miromar Lakes $493,400
Fort Myers Beach $353,700
Saint James City $269,200
Name Median ZHVI
Bonita Springs $268,300
Estero $239,500
Alva $190,300
Name Median ZHVI
Cape Coral $158,700
North Fort Myers $130,500
Lehigh Acres $91,100

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $123 Median sale price / sq ft
  • No data Listings with price cut
25.7%
Sold below previous sale price
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Fort Myers Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,577 Fort Myers
    $1,617 Fort Myers Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,550 Rent list price
  • $1.01 Rent list price / sq ft
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