Colonial Terrace
Homes for Sale in Fort Myers, FL
All 1,305 homes for sale in Fort Myers, FL · median $235,900 · 172 homes for sale in 33901 · Lee County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $239,000, $211 per square foot, a median 86 days on market, sellers accepting 98% of original asking. At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $3,820 ($3,150 with the full homestead exemption).
| Location | Fort Myers, Lee County, FL · ZIP 33901 |
|---|---|
| Sale prices, last 12 months | $239,000 median across 3 closed sales · $211 per sq ft |
| Days on market (closed sales) | 86 median |
| For sale right now | 0 active, 1 pending |
Data as of September 20, 2026. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Market figures describe homes, not residents. Cite as: Momentum Realty, “Colonial Terrace key facts,” movewithmomentum.com/neighborhoods/colonial-terrace, data as of September 20, 2026.
The 60-Second Overview
Colonial Terrace market snapshot (as of September 20, 2026): the median sale price is about $239K ($211 per sq ft over the trailing 12 months of closed sales), and a median 86 days on market for closed sales.
In ZIP 33901 (Fort Myers), 251 homes closed in the last 12 months at a median of $352K ($198/sq ft), down 5.5% year over year, with a median 68 days on market. Right now 152 active and 33 pending listings put supply at about 608.0 months — a soft market. See the live ZIP 33901 housing market and the Lee County market.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Florida Gulf Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($239K) IS the median in the snapshot above.
Windows contain 1 to 11 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Lee County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lee County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
20% of homes for sale in ZIP 33901 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).
Colonial Terrace Market Scorecard
Colonial Terrace is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Florida Gulf Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Colonial Terrace, Fort Myers
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The Colonial Terrace buying strategy.
If we were buying in Colonial Terrace today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Colonial Terrace.
A closer look at the Colonial Terrace market
At a median of $211 per square foot, Colonial Terrace prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The location and the amenities are priced into every listing in Colonial Terrace. The deal is won or lost on condition, the comps, and the renovation math.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Colonial Terrace buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Colonial Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Colonial Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Colonial Terrace home worth?
Get a no-obligation home value based on real comparable sales in Colonial Terrace, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Fort Myers →
Recently off market in Colonial Terrace
Homes in Colonial Terrace that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 4360 Lagg Ave · off market
- 4481 Lagg Ave · off market
Frequently Asked Questions
What is the median home price in Colonial Terrace?
How long do homes in Colonial Terrace take to sell?
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How do I find a top Fort Myers real estate agent who knows Colonial Terrace?
Can Momentum Realty connect me with an agent for Colonial Terrace?
Where is Colonial Terrace, and what county is it in?
Data sources & freshness
| Live listings | Florida Gulf Coast MLS, refreshed twice daily (last: September 20, 2026) |
| Community market stats | Florida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Florida Gulf Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2014 (52 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Colonial Terrace fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Colonial Terrace
- Home values · What homes in Colonial Terrace actually sell for
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