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Live Market Pulse
25/100
Market Heat
Cooler than normal
2015 → 2026 · 87 at the 2022 peak
0 is Island Sound's coldest market since 2015, 100 its hottest. Today: 25. How it's scored

Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data13 years of closingsUpdated twice daily

As of September 2026, Island Sound in Estero, FL has 7 homes for sale, asking from $297,900 to $499,900 (median $324,900). Over the 12 months ending 2026-09-20, 11 recorded sales closed at a median of $450,000, $301 per square foot, a median 48 days on market, sellers accepting 92% of original asking (-13% versus the prior year). Homes listed or recently sold were built 2002–2002; 7 of 7 report an HOA (median $958/mo); 5 of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 9 ft). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $7,190 ($6,520 with the full homestead exemption).

Island Sound key facts
LocationEstero, Lee County, FL · ZIP 33928
Home types (current listings and sales)condos 100%
Sale prices, last 12 months$450,000 median across 11 closed sales · $301 per sq ft · -12.6% vs the prior 12 months
Days on market (closed sales)48 median
For sale right now5 active, 0 pending · median asking $324,900

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, “Island Sound key facts,” movewithmomentum.com/neighborhoods/island-sound, data as of September 20, 2026.

Last 30 days in Island Sound: 4 new listings (median asking $381,950). As of September 26, 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.

Live · Island Sound Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$450K ▼
Median sold · 12 mo
down 12.6% vs the prior 12 months
-12.6% ▼
1-yr price change
n = 11 and 7 sales in the two windows
$301/sf
Sold $/sqft · 12 mo
peak $345 in 2022
92.2%
Sale vs ask
Tempo
48days
Median DOM · closed
2 days at the 2020 low
0%
Under contract
Lee: 18% (1,646 of 9,225)
5 · 0
For sale · pending
live counts, refreshed twice daily
11
Sold · last 12 mo
10-yr average: about 12 a year
Track record · 13 years of records
1,550sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Island Sound

Live MLS inventory for Island Sound. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Island Sound listings as of 2026-09-26, priced high to low. 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. Tap any home to ask about it.

Every Home for Sale in Island Sound Right Now (7)

All 7 active and pending Island Sound listings with a detail page, newest first, refreshed twice a day from the MLS.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Island Sound is pricing like a market that has cooled off in a hurry. The median sale sits at $443,500, but the year-over-year figure is down 16.3 percent — a swing that size usually means the mix of what is closing has shifted, not just that values softened evenly across the board. On a per-square-foot basis, $295.85 tells a more stable story, which suggests this is more about which homes are transacting than a uniform reset in value.

A market heat score of 23 and a median 60 days on market point to a buyer's environment: less competition, more room to negotiate, and no urgency to waive inspections or escalate above list. For sellers, that combination means pricing has to be realistic from day one — homes that sit past the local norm tend to accumulate more discount pressure, not less.

Island Sound Housing Pulse · Momentum Research · as of September 20, 2026

Island Sound right now

🔴 Off the recent peak. The trailing-12-month median ($450K) is down 12.6% from the prior 12 months ($515K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Florida Gulf Coast MLS closed sales, 12-month windows ending September 20. Confidence: Medium (11 and 7 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 27, 2026 · Live data: Florida Gulf Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Island Sound market snapshot (as of September 20, 2026): the median sale price is about $450K ($301 per sq ft over the trailing 12 months of closed sales), and a median 48 days on market for closed sales. The trailing-12-month median is down 13% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (11 closings in the current window).

In ZIP 33928 (Estero), 1,490 homes closed in the last 12 months at a median of $504K ($256/sq ft), down 2.6% year over year, with a median 66 days on market. Right now 412 active and 130 pending listings — a buyer's market. See the live ZIP 33928 housing market and the Lee County market.

Florida Gulf Coast MLS sales records identify 6 homes in Island Sound that have changed hands, built between 2002 and 2002 (median 2002), with a median living area of about 1,300 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Florida Gulf Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Island Sound in Estero is currently trading in a slower, buyer-favorable window, with a wide enough price spread that condition and lot specifics are doing more work than location alone in setting final sale price.

Best for

  • Buyers with flexible timelines who want leverage to negotiate on price or terms
  • Buyers focused on value per square foot rather than chasing a specific median price point
  • Buyers comfortable evaluating each listing on its own condition and comps rather than trend data

Probably not for

  • Buyers who need to move quickly in a low-inventory, high-competition process
  • Sellers expecting last year's pricing trends to hold without adjustment
  • Buyers looking for a documented amenity package as part of the purchase decision

Windows contain 1 to 22 sales each (11 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.

Median sale price · trailing 12 mo
$200K$400K2014201620182020202220242026
Down 12.6% year over year.
Every sale since 2013 · price vs size
$0$200K$400K$600K1k1k2k2k
173 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$3002014201620182020202220242026
Up from $156 in 2013 to a $345 peak in 2022; $301 now.
Median days on market · closed sales
0501002014201620182020202220242026
2 days at the 2020 low; 48 now.
Sale price vs original ask · median
90%100%110%2014201620182020202220242026
92.2% now.
Homes sold per 12-mo window
010202014201620182020202220242026
1 to 22 a year; 11 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
87 at the 2022 peak, 25 in the troughs, 25 now. Same score as the hero card, full history.
How much local inventory is already under contract

24% of homes for sale in ZIP 33928 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 (2026-09-26).

Island Sound Market Scorecard

Balanced

Island Sound is currently a balanced market., a median asking price of $324,900, and homes go under contract in about 3 days.

$324,900
Median list
$450,000
Median sold
$258
List $/sqft
3
Days on mkt
7/0/0
Active/Pend/Sold

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 Island Sound, Estero

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 23 listings
Distress share trend — 0.0% now (2026-08-12 → 2026-09-25)

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.

Listing locations from Florida Gulf Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

If we were buying in Island Sound today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Island Sound.

Best Buy
Buyers who want negotiating room and are not in a rush to close.
Biggest Risk
A 16.3 percent year-over-year decline means recent comps may not reflect what a specific home is actually worth.
Sweet Spot
Buyers comparing homes primarily on price per square foot rather than headline list price.
Avoid If
You need a fast, competitive close or are relying on rapid appreciation.

A market resetting on its own terms

The most telling number here is the 16.3 percent year-over-year decline against a per-square-foot figure that has held closer to steady. That gap usually means fewer top-of-market homes are closing right now, pulling the median down even as underlying value per square foot stays relatively anchored. Buyers should read the median as a snapshot of recent closings, not a ceiling or floor for a specific property.

At 60 days median time on market and a heat score of 23, Island Sound is not moving with urgency. That is useful information for both sides: sellers need to price to current conditions rather than last year's comps, and buyers have the runway to negotiate on price, terms, or closing timeline rather than compete on speed.

“

The location and the amenities are priced into every listing in Island Sound. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market where the median price has moved sharply year over year but per-square-foot value has stayed comparatively steady, the difference between a good outcome and a mediocre one comes down to reading each listing on its own terms rather than leaning on a headline number. We price and negotiate off the specifics of the property in front of us — condition, lot, true comparable sales — not the community average.

Island Sound in 15 seconds.

Best forBuyers who want negotiating room and are not in a rush to close.
Biggest advantageA 60-day median market clock gives buyers time to evaluate before committing.
Biggest riskA 16.3 percent year-over-year decline means recent comps may not reflect what a specific home is actually worth.
Sweet spotBuyers comparing homes primarily on price per square foot rather than headline list price.
Avoid ifYou need a fast, competitive close or are relying on rapid appreciation.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Island Sound Condos for Sale in Estero, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Island Sound Condos for Sale in Estero, FL.
In short
  • HOA dues reported around $958/month (about $11,496/yr) · median of 75 MLS listings, most billed annually
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $958 per month ($11,496 a year) — the median AssociationFee across 75 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Island Sound sales matched to your home.

What is your Island Sound home worth?

Get a no-obligation home value based on real comparable sales in Island Sound, 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 Estero →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Island Sound?
The median sale price in Island Sound was $450K over the 12 months ending September 20, 2026 (11 closed sales, Florida Gulf Coast MLS).
How long do homes in Island Sound take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 48 days on market (11 sales, Florida Gulf Coast MLS).
Who is the best real estate agent for Island Sound?
The best agent for Island Sound is one who actively works Estero and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Island Sound.
How do I find a top Estero real estate agent who knows Island Sound?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Island Sound and the wider Estero area.
Can Momentum Realty connect me with an agent for Island Sound?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Island Sound purchase or sale - no call center and no pressure.
Where is Island Sound, and what county is it in?
Island Sound is in Estero, Lee County, FL, ZIP 33928. The community's center is about 2 miles northwest of the center of Estero (straight-line).
Buyers with flexible timelines who want leverage to negotiate on price or termsExcellent fit
Buyers focused on value per square foot rather than chasing a specific median price pointExcellent fit
Buyers comfortable evaluating each listing on its own condition and comps rather than trend dataExcellent fit
Buyers who need to move quickly in a low-inventory, high-competition processProbably not
Sellers expecting last year's pricing trends to hold without adjustmentProbably not
Buyers looking for a documented amenity package as part of the purchase decisionProbably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: September 26, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2013 (173 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.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
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Nearby Communities

Explore more neighborhoods near Island Sound with Momentum Realty’s local guides.

Riverbrooke0.3 mi away · median $3M, 3 sales/12 moTurtle Point0.4 mi away · median $490K, 3 sales/12 moIndigo Shores0.4 mi away · median $650K, 8 sales/12 moEstero River Heights0.4 mi away · median $584K, 8 sales/12 moCranbrook Harbor0.4 mi away · 33 homes, built 1981–19, 1 for saleTurnberry0.5 mi away · median $470K, 7 sales/12 moQuarterdeck Cove0.6 mi away · 16 homes, built 1985–02, 2 for saleChapel Ridge0.6 mi away · 2 for sale

Browse all neighborhood guides →

Thinking of selling in Island Sound? 11 recorded closings; median 48 days on market (window ending 2026-09-20). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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