Momentum Housing Data · Home Values · Lee County
Buying here? See Waterway Estates homes for sale and the Waterway Estates community guide (North Fort Myers).
Waterway Estates (North Fort Myers, FL): 27 recorded closings in the 12 months ending 2026-09-20, a 13-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 91.9% of original asking; the median sale took 76 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $420,000 | $233 | 76 | 91.9% | 27 |
| 2025 | $305,000 | $232 | 62 | 93.3% | 31 |
| 2024 | $355,000 | $222 | 35 | 92.6% | 39 |
| 2023 | $349,000 | $232 | 32 | 92.6% | 26 |
| 2022 | $398,750 | $252 | 8 | 99.0% | 36 |
| 2021 | $263,680 | $163 | 5 | 100.0% | 45 |
| 2020 | $239,750 | $157 | 40 | 94.8% | 46 |
| 2019 | $213,000 | $136 | 59 | 91.7% | 41 |
| 2018 | $208,500 | $136 | 36 | 94.3% | 48 |
| 2017 | $207,000 | $131 | 28 | 94.5% | 47 |
| 2016 | $195,000 | $120 | 29 | 94.5% | 43 |
| 2015 | $145,000 | $121 | 36 | 95.0% | 34 |
| 2014 | $151,000 | $103 | 49 | 92.8% | 16 |
Over the recorded series, Waterway Estates’s median sold price moved from $151,000 (2014) to $420,000 (12 months ending 2026-09-20) — +178% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2014 at $151,000. The 2020–22 run-up did what it did everywhere — Waterway Estates’s median moved +87% from 2019 to 2022. Annual sales volume here has ranged from 0 to 48 closings a year (10-yr average 38.6).
Of the 84 recorded Waterway Estates closings since 2024, half landed between $275,000 and $469,500 (the middle two quartiles); the lowest recorded sale was $120,250 and the highest $825,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $250,000 | 11 (13%) | |
| $250,000 – $350,000 | 31 (37%) | |
| $350,000 – $450,000 | 20 (24%) | |
| $450,000 – $550,000 | 11 (13%) | |
| None and up | 11 (13%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($234 vs $217) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 864–1,380 sq ft | $234 | $280,000 | $120,250 – $430,000 | 28 |
| Mid-size homes 1,405–1,748 sq ft | $221 | $363,000 | $192,500 – $565,000 | 28 |
| Larger homes 1,751–3,152 sq ft | $217 | $493,500 | $255,000 – $825,000 | 28 |
From the live MLS feed as of 2026-10-01: 9 active listings (plus 5 pending) asking from $245,000 to $565,000, median $349,000; 4 of 9 have been on the market over 60 days (median 60 days so far); the homes listed or recently sold were built between 1962 and 1978 (median 1973); 6 of 14 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 6 ft. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Waterway Estates listings →
At Waterway Estates’s $420,000 median and Lee County’s adopted 15.97 mills (FY2025-26), a home assessed at that price carries roughly $6,710 a year in property tax before exemptions, or about $6,040 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.
Current asking prices run a median $325,000 against the $420,000 recorded sold median (-23%) — the gap between what sellers hope and what the record shows. Demand check: 33% of Waterway Estates’s listings are under contract, against 16% for ZIP 33903 and 18% for Lee County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for Waterway Estates reads 36/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Asking prices here currently sit -23% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.
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.
By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.
Communities buyers shopping Waterway Estates 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.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Buttonwood Harbor | $1,455,000 | $320 | 154 | 4 |
| Tropic Terrace | $52,500 | $64 | 265 | 8 |
| Lochmoor | $358,750 | $171 | 90 | 12 |
| Moody River Estates | $343,500 | $154 | 65 | 38 |
More Waterway Estates: 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
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.