Momentum Housing Data · Home Values · Lee County

Terrace Ii At Riverwalk Home Values: What Homes Actually Sell For

Buying here? See Terrace Ii at Riverwalk homes for sale and the Terrace Ii at Riverwalk community guide (Fort Myers), or all Riverwalk homes for sale.

Terrace Ii At Riverwalk (Fort Myers, FL): 3 recorded closings in the 12 months ending 2026-09-20, a 13-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

Median sold price
$220,000
-15.5% vs prior year · window ending 2026-09-20
Median $/sqft
$179
3 recorded closings
Median days to sell
97
from list to contract-to-close record

In the current window, sellers accepted a median 88.4% of original asking; the median sale took 97 days (window ending 2026-09-20).

The 13-year recorded price history

20142026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$220,000$1799788.4%3
2025$260,500$2136293.4%4
2024$282,500$2238492.3%3
2023$290,500$2592595.0%5
2022$267,450$2116104.7%6
2021$179,900$1522100.0%7
2020$170,000$1492398.3%5
2019$162,000$1304296.5%6
2018$157,250$1335296.3%8
2017$155,750$1347192.8%8
2016$150,000$1306891.0%3
2015$139,000$1175291.2%4
2014$137,000$1172794.5%3

Over the recorded series, Terrace Ii At Riverwalk’s median sold price moved from $137,000 (2014) to $220,000 (12 months ending 2026-09-20) — +61% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Terrace Ii At Riverwalk, briefly

The recorded series starts in 2014 at $137,000. The 2020–22 run-up did what it did everywhere — Terrace Ii At Riverwalk’s median moved +65% from 2019 to 2022. Against the 2023 peak of $290,500, the current median stands at -24%. Annual sales volume here has ranged from 3 to 8 closings a year (10-yr average 5.5). With roughly 5.5 closings a year, Terrace Ii At Riverwalk’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

At Terrace Ii At Riverwalk’s $220,000 median and Lee County’s adopted 15.97 mills (FY2025-26), a home assessed at that price carries roughly $3,510 a year in property tax before exemptions, or about $2,850 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Lee County tax page.

Selling in Terrace Ii At Riverwalk right now: what the record says

Momentum’s market-heat index for Terrace Ii At Riverwalk reads 9/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

The table above is the closed-sale record to price a Terrace Ii At Riverwalk home against; asking prices are an opening position, recorded closings are the value.

What would YOUR Terrace Ii At Riverwalk home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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How Terrace Ii At Riverwalk compares with its neighbors

Communities buyers shopping Terrace Ii At Riverwalk are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
Terrace Iii At Riverwalk$239,000$1831223
The Oaks At Whiskey Creek$205,000$160365
Hidden Harbour One Condo$179,250$1461484
Whiskey Creek Adult Condo$120,500$1267710

More Terrace Ii At Riverwalk: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

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. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures

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