Home Values

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

$167,100

  • 13.1% 1-year change
  • 4.9% 1-year forecast

The median home value in Fort Myers is $167,100. Fort Myers home values have gone up 13.1% over the past year and Zillow predicts they will rise 4.9% within the next year. The median list price per square foot in Fort Myers is $126, which is lower than the Fort Myers Metro average of $129. The median price of homes currently listed in Fort Myers is $205,000 while the median price of homes that sold is $177,800. The median rent price in Fort Myers is $1,600, which is higher than the Fort Myers Metro median of $1,545.

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 9.0%, which is higher than the national value of 6.4%. 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 18.0%, which is higher than Fort Myers Metro at 17.1%.

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Relative ZHVI
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Fort Myers Market Overview

Data through Nov 30, 2014
  • $167,100 ZHVI
  • 4.9% 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
    (Nov 30, 2015)
  • $205,000 Median listing price
  • $177,800 Median sale price
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Fort Myers Market Health

Data through Nov 30, 2014
  • 5.9/10 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
  • 18.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 9.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Miromar Lakes $518,300
Fort Myers Beach $386,600
Saint James City $302,000
Name Median ZHVI
Bonita Springs $289,200
Estero $270,000
Alva $198,600
Name Median ZHVI
Cape Coral $174,900
North Fort Myers $152,300
Lehigh Acres $103,600

Listings & Sales

Data through Nov 30, 2014
  • $126 Median list price / sq ft
  • $115 Median sale price / sq ft
  • No data Listings with price cut
26.2%
Sold below listing
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Fort Myers Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,609 Fort Myers
    $1,631 Fort Myers Metro
    $1,342 United States

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

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,600 Rent list price
  • $1.05 Rent list price / sq ft
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