Alabama Grove Terrace
Homes for Sale in Fort Myers, FL

Alabama Grove Terrace market snapshot (as of November 11, 2026): the median sale price is about $400K ($220 per sq ft over the trailing 12 months of closed sales), a median 91 days on market for closed sales, and 20.0 months of supply, a buyer-leaning market.

In ZIP 33905 (Fort Myers), 200 homes closed in the last 12 months at a median of $395K ($189/sq ft), up 3.6% year over year, with a median 63 days on market. Right now 212 active and 41 pending listings put supply at about 12.7 months — a buyer's market. See the live ZIP 33905 housing market and the Lee County market.

Alabama Grove Terrace is a community of 68 homes in Fort Myers, Lee County, built between 1926 and 2007 (median 1958.0), with a median living area of about 1,634 square feet. 37% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Alabama Grove Terrace spans over a century of construction, from homes built in 1901 to properties finished as recently as 2024, with a median build year of 1972 — meaning most of the stock is established rather than new, and condition varies house to house more than lot to lot.

The year-built range here — 1901 to 2024 — is unusually broad for a single community, and the median of 1972 puts the typical home past the half-century mark. That spread means age-related systems (roof, electrical, plumbing) are not a given assumption but a line-item to verify on each address, and it's part of why per-square-foot pricing sits where it does rather than tracking newer-construction comps elsewhere in Lee County.

Median living area of 1795.5 square feet points to functional, mid-sized homes rather than compact starter units or oversized estates. Combined with a 93.5-day median market time, this reads as a community where homes sell on their individual merits — condition, updates, lot — more than on neighborhood-wide demand pressure. No community amenities are identified from current MLS listings, so value here is coming from the house and land itself, not from a shared amenity package.

In a market this varied by build year and condition, pricing a home correctly means knowing which comps actually apply — a 1970s house and a 2020s build sitting on the same street can carry very different repair and valuation profiles. We walk buyers through what the sub-$175 per-square-foot figure is really buying, and we help sellers position listings so a 93-day median market time works for them rather than against them.