Momentum Research · Market data
Fort Myers (Lee) median$355,000+0.7%Days on market64−2.0dSale to list93.7%Price cuts22.4%Closed sales1,558Florida median, all residential$421,645+1.7%As of2026-08

Fort Myers (Lee) housing market data

Lee County. Monthly medians of closed residential sales, computed from MLS records licensed by Momentum Realty. Latest complete month: 2026-08.

Median closed price
$355,000
▲ 0.7% vs 2025-08
Median days on market
64
▼ 2 days vs 2025-08
Sale to original list
93.7%
of first asking price
Closed sales
1,558
in 2026-08

Fort Myers (Lee) coverage

All Fort Myers (Lee) stories

The market in context

These come from outside sources, not from our MLS records. We keep them separate so you can see where an independent series agrees with ours and where it does not.

Median household income
$73,099
ACS 5-year, 2023
Price to income
4.9×
median home ÷ median income
Est. annual property tax
$4,871
15.97 mills, homesteaded
Fair market rent, 2BR
$1,961
HUD FY2026
Zillow ZHVI
n/a
June 2026
Active inventory
n/a
June 2026

Share of listings with a price cut

2018-03 to 2026-07 · latest 22.4%
3425178201820192020202120222023202420252026
Context sources. Median household income: U.S. Census American Community Survey 5-year estimates, 2023 vintage. Property tax: county millage, FY2025-26 adopted, applied to the median closed price less Florida's $50,000 homestead exemption, an estimate for a homesteaded primary residence, not a tax bill, and municipal and special-district millage varies within every county. Fair market rent: HUD, by bedroom count. Zillow Home Value Index: a different methodology from ours. ZHVI estimates the value of the typical home, while our figure is the median of homes that actually closed, so the two will not match and the gap is shown rather than hidden. Inventory and price-cut share: county series, June 2026 vintage. Multi-county markets weight each county by its closed-sale count.

Homes for sale and homes going under contract

Both lines are counted from Redfin's county file: active listings, and pending sales, contracts signed that month. Neither is an estimate of buyers. The chart's source line carries the latest month in the file. These figures are Redfin's, not computed from our MLS feeds.

In 2026-07, 11,634 homes were listed for sale across the Fort Myers market and 1,859 went under contract. A year earlier the counts were 14,112 and 1,798, so homes for sale are down 17.6% and contracts are up 3.4% over twelve months. Fewer homes and more contracts is the shape of a market tightening toward sellers.

Fort Myers, homes for sale and going under contract, monthly since 2012
Homes for sale, active listingsGoing under contract, pending sales
05K10K15K2012201420162018202020222024202611,634For sale1,859Under contractRedfin, Housing Market Tracker county file, through 2026-07 · movewithmomentum.com

What renters are asked to pay

Typical ASKED rent for units listed on Zillow (Zillow Observed Rent Index), by county, monthly. Asking rent is what new listings seek, not what sitting tenants pay; renewals are invisible to it. These figures are Zillow's, not computed from our MLS feeds.

Lee asks $1,864, -1.2% in a year and 47% above 2019 levels. Asking rent describes new listings, not renewals, so a flat or falling line here reaches sitting tenants slowly and shows up first in concessions on new leases.

Fort Myers, typical asked rent (ZORI), monthly since 2015
Lee
$1,000$1,500$2,000201520162017201820192020202120222023202420252026$1,864Zillow Observed Rent Index (ZORI), through 2026-07 · movewithmomentum.com

Every metric

Median closed price

$355,000
+0.7% year over year
#12 of 19 markets, year-over-year change
2012-02 to 2026-08
Full history →
$425k$330k$234k$138k20122014201620182020202220242026

Median $/sq ft

$213
-2.3% year over year
#15 of 16 markets, year-over-year change
2012-02 to 2026-08
Full history →
$264$208$151$9520122014201620182020202220242026

Median days on market

64
-3.0% year over year
#2 of 19 markets, year-over-year change
2012-02 to 2026-08
Full history →
16711053-420122014201620182020202220242026

Sale-to-original-list ratio

93.7%
+1.6% year over year
#6 of 19 markets, year-over-year change
2012-02 to 2026-08
Full history →
101%97%94%90%20122014201620182020202220242026

Closed sales

1,558
+1.7% year over year
#4 of 19 markets, year-over-year change
2012-02 to 2026-08
Full history →
3.3k2.2k1.0k-16220122014201620182020202220242026

Closed sales, new construction

365
+13.4% year over year
#4 of 18 markets, year-over-year change
2012-02 to 2026-08
Full history →
465302138-2520122014201620182020202220242026

Closed sales, resale

1,193
no year-ago figure
2026-05 to 2026-08
Full history →
1.6k1.5k1.3k1.2k2026

Median price, new construction

$340,000
-2.9% year over year
#14 of 18 markets, year-over-year change
2012-02 to 2026-08
Full history →
$1,011k$690k$369k$48k20122014201620182020202220242026

Median price, resale

$365,000
no year-ago figure
2026-05 to 2026-08
Full history →
$376k$370k$365k$359k2026

New-construction premium

-6.8%
no year-ago figure
2026-05 to 2026-08
Full history →
-5%-8%-10%-12%2026

Median size (sq ft)

1,686
+1.0% year over year
#8 of 16 markets, year-over-year change
2012-02 to 2026-08
Full history →
2,0141,8511,6891,52620122014201620182020202220242026

Median bedrooms

3.0
no year-ago figure
2026-05 to 2026-08
Full history →
4.13.42.61.92026

Median year built

2,005
no year-ago figure
2026-05 to 2026-08
Full history →
2,0062,0052,0052,0042026
Method. Monthly medians of closed residential sales for Lee County. The partial current month is excluded rather than plotted short. County-months with fewer than 25 closed sales are dropped. Multi-county figures are an n-weighted average of county medians, which approximates a pooled median but is not one. Data may be preliminary and subject to revision by its source. See our editorial standards and corrections policy.
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.
Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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