Banyan Bay in Fort Myers

Banyan Bay
Homes for Sale in Fort Myers, FL

All 1,446 homes for sale in Fort Myers, FL · median $240,000 · 686 homes for sale in 33908 · Lee County homes for sale

Community in Fort Myers · Lee County · ZIP 33908
93 homesBuilt 2007–2023Median sale $470K
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Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS dataFL DOR public recordsUpdated twice daily

As of November 2026, Banyan Bay in Fort Myers, FL has 3 homes for sale. Over the 12 months ending 2026-11-11, 4 recorded sales closed at a median of $470,000, $222 per square foot, a median 48 days on market, sellers accepting 95% of original asking. Homes listed or recently sold were built 2012–2013; 4 of 5 report an HOA (median $267/mo); 3 of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 8 ft). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $7,510 ($6,840 with the full homestead exemption).

Last 30 days in Banyan Bay: 2 new listings (median asking $411,500), 1 under contract right now. As of November 10, 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 · Banyan Bay 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
$470K
Median sold · 12 mo
$222/sf
Sold $/sqft · 12 mo
peak $222 in 2026
95.1%
Sale vs ask
Tempo
9.0mo
Supply
3 to 6 months is the balanced band
48days
Median DOM · closed
48 days at the 2026 low
25%
Under contract
Lee: 15% (1,899 of 12,521)
3 · 1
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
76%
Owner-occupied · Banyan Bay
72 of 95 parcels homesteaded (FL DOR 2025)
24%
Non-owner-occupied · Banyan Bay
incl. 4% trust or LLC-held · 10% out-of-state
93
Homes in the community
plus 2 vacant residential lots · 95 residential parcels (FL DOR 2025)
Track record · 0 years of records
8
Recorded sales · 2024-2025
median $510K · qualified sales on the county roll (FL DOR 2025)
2007–2023
Years homes were built
median 2013 · county roll (FL DOR 2025)
1,998sqft
Median sold home size
12-mo windows, closed sales
4.3%/yr
Turnover rate
about 4 of 93 homes trade a year

Homes For Sale Right Now in Banyan Bay

Live MLS inventory for Banyan Bay. 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 Banyan Bay listings as of 2026-11-10, 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.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 29, 2026

Banyan Bay is a large-format community — the median home here runs 3,421 square feet, well above what you'll find in most Fort Myers subdivisions of similar vintage. That size is doing a lot of the work on price. At a median of $405,000 and roughly $161.56 per square foot, the per-foot number reads modest, but the total dollar commitment is not small once you account for the size of these houses. This is a community where buyers are paying for volume of space first, finish level second.

The current posture favors patience on both sides. Median days on market sits at 166 — well over five months — and the year-over-year read shows prices down 15.6%. With only five closings in the most recent window, that percentage should be treated as directional, not gospel: a handful of sales in either direction can swing it. Sellers should price to the current data, not last year's. Buyers who can be patient have room to negotiate, and the numbers back that up.

Figures in this note are as of July 29, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Banyan Bay Housing Pulse · Momentum Research · as of November 11, 2026

Banyan Bay right now

🟢 Buyer-leaning market. 9.0 months of supply and 25% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Florida Gulf Coast MLS records, as of November 11, 2026. Confidence: Medium (4 active and pending listings, 4 closed sales in 12 months).

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

· Updated November 12, 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

Banyan Bay market snapshot (as of November 11, 2026): the median sale price is about $470K ($222 per sq ft over the trailing 12 months of closed sales), a median 48 days on market for closed sales, and 9.0 months of supply, a buyer-leaning market.

In ZIP 33908 (Fort Myers), 238 homes closed in the last 12 months at a median of $279K ($200/sq ft), with a median 80 days on market. Right now 289 active and 54 pending listings put supply at about 14.6 months — a soft market. See the live ZIP 33908 housing market and the Lee County market.

County records show 8 qualified sales in Banyan Bay across 2024–2025 (7 in 2024, 1 in 2025), median $510,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Banyan Bay is a community of 93 homes in Fort Myers, Lee County, built between 2007 and 2023 (median 2013), with a median living area of about 3,387 square feet. 76% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Built out mostly between 2007 and 2023 with a median build year of 2013, Banyan Bay is a Lee County community of 130 homes defined less by any shared amenity package — none is identified in current MLS listings — and more by the scale of the homes themselves.

Best for

  • Buyers prioritizing square footage over amenity package, who want the most house for the dollar in raw size terms.
  • Buyers with flexible timelines who can wait out a slow-moving market and negotiate from a position of patience.
  • Buyers comfortable evaluating a community on home size and condition rather than a shared clubhouse or recreational amenity.

Probably not for

  • Buyers who want resort-style or planned amenities as part of the purchase decision — none are identified here.
  • Buyers who need a fast close or expect quick resale, given the extended median days-on-market.
  • Buyers who want to rely on a large, current comp set — the recent closings window here is thin.

Listing locations from Florida Gulf Coast MLS. Map data © OpenStreetMap contributors.

If we were buying in Banyan Bay 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Banyan Bay.

Best Buy
Buyers who want a large-format home and are not in a hurry to close.
Biggest Risk
The recent price decline is built on a thin sample of just five closings, so treat any single data point with caution.
Sweet Spot
Move-in-ready homes near the median build year of 2013 tend to show the clearest value against the per-square-foot data.
Avoid If
This is not the community for buyers who want a packaged amenity lifestyle or a fast, competitive-offer closing timeline.

A market moving in slow motion

A market heat score of 13 puts Banyan Bay firmly on the cold side of the spectrum, and the 166-day median days-on-market confirms it: this is not a community where homes move quickly once listed. That combination — large homes, soft heat, extended time on market — points to a buyer's environment where list price is a starting point, not a ceiling.

The homestead share of 73.5% is worth noting on its own terms: a large majority of homes here are owner-occupied primary residences rather than held as rentals or held vacant, which tends to correlate with steadier upkeep and fewer bulk or distressed listings hitting at once. Combined with the thin closings count in the current window, expect the available inventory at any given time to be limited and each listing to matter — this is not a community where you'll find dozens of comparable options to cross-shop in real time.

“

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

Jon Brooks · Founder, Momentum Realty
5.1C · Buy Score
Liquidity & Demand1.0/10
Owner Commitment7.6/10
Pricing Power6.7/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.1). Basis: Liquidity & Demand 9.0 months of supply; Owner Commitment 76% owner-occupied; Pricing Power 95.1% sale-to-list. Refreshed with each data update.

Why work with Momentum here

With only five recent closings feeding the data and a 166-day median market time, pricing a home in Banyan Bay correctly — or knowing what a soft asking price actually means — takes someone reading the thin comp set closely rather than leaning on an automated number. We track this community's actual contract activity, not just what's listed, so you're negotiating from what's really happening, not a stale headline stat.

Banyan Bay in 15 seconds.

Best forBuyers who want a large-format home and are not in a hurry to close.
Biggest advantageNegotiating leverage is real here — long days on market and a down year-over-year trend both favor the buyer.
Biggest riskThe recent price decline is built on a thin sample of just five closings, so treat any single data point with caution.
Sweet spotMove-in-ready homes near the median build year of 2013 tend to show the clearest value against the per-square-foot data.
Avoid ifThis is not the community for buyers who want a packaged amenity lifestyle or a fast, competitive-offer closing timeline.
The takeaway

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

What is your Banyan Bay home worth?

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Recently off market in Banyan Bay

Homes in Banyan Bay that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 5 on record.

Banyan Bay key facts
LocationFort Myers, Lee County, FL · ZIP 33908
Homes in the community93 (FL DOR 2025 assessment roll)
Years built2007–2023 (median 2013)
Typical living area3,387 sq ft (median)
Home types (current listings and sales)singlefamilyresidence 100%
Sale prices, last 12 months$470,000 median across 4 closed sales · $222 per sq ft
Days on market (closed sales)48 median
For sale right now3 active, 1 pending · median asking $427,000 · 9.0 months of supply
Owner-occupied (homestead) share76%

Data as of November 11, 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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Banyan Bay key facts,” movewithmomentum.com/neighborhoods/banyan-bay, data as of November 11, 2026.

Every Home for Sale in Banyan Bay Right Now (4)

All 4 active and pending Banyan Bay listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

How much local inventory is already under contract

14% of homes for sale in ZIP 33908 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 (2026-11-12).

What it really costs to own in Banyan Bay

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMedian $267/month across 4 MLS listings (most billed quarterly; 2026-11-12). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Lee County is $2,197/yr (6,508 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.

Email me new listings in Banyan Bay

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Banyan Bay

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Banyan Bay will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Banyan Bay?
The median sale price in Banyan Bay was $470K over the 12 months ending November 11, 2026 (4 closed sales, Florida Gulf Coast MLS).
How long do homes in Banyan Bay take to sell?
Homes that closed in the 12 months ending November 11, 2026 took a median 48 days on market (4 sales, Florida Gulf Coast MLS).
Is Banyan Bay a buyer's or seller's market right now?
As of November 11, 2026, Banyan Bay leans toward buyers: 9.0 months of supply at the current sales pace (Florida Gulf Coast MLS live counts).
How many homes are in Banyan Bay?
The Florida DOR 2025 assessment roll shows 93 homes plus 2 vacant residential lots in Banyan Bay (public records).
What share of Banyan Bay is owner-occupied?
76% of Banyan Bay parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Banyan Bay built?
Homes in Banyan Bay were built between 2007 and 2023, with a median year built of 2013 (FL DOR 2025 roll).
Who is the best real estate agent for Banyan Bay?
The best agent for Banyan Bay is one who actively works Fort Myers 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 Banyan Bay.
How do I find a top Fort Myers real estate agent who knows Banyan Bay?
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 Banyan Bay and the wider Fort Myers area.
Can Momentum Realty connect me with an agent for Banyan Bay?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Banyan Bay purchase or sale - no call center and no pressure.
Where is Banyan Bay, and what county is it in?
Banyan Bay is in Fort Myers, Lee County, FL, ZIP 33908. The community's center is about 13 miles south of the center of Fort Myers (straight-line).
Buyers prioritizing square footage over amenity package, who want the most house for the dollar in raw size terms.Excellent fit
Buyers with flexible timelines who can wait out a slow-moving market and negotiate from a position of patience.Excellent fit
Buyers comfortable evaluating a community on home size and condition rather than a shared clubhouse or recreational amenity.Excellent fit
Buyers who want resort-style or planned amenities as part of the purchase decision — none are identified here.Probably not
Buyers who need a fast close or expect quick resale, given the extended median days-on-market.Probably not
Buyers who want to rely on a large, current comp set — the recent closings window here is thin.Probably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: November 10, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending November 11, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 33908))
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-11-11
Historical depthClosed-sale records back to 2026 (4 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.

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