Banyan Bay
Homes for Sale in Fort Myers, FL

All 1,305 homes for sale in Fort Myers, FL · median $235,900 · 622 homes for sale in 33908 · Lee County homes for sale

Community in Fort Myers · Lee County · ZIP 33908
93 homesBuilt 2007–2023Median sale $405K
Free · No obligation
Talk to a Banyan Bay Expert

True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
18/100
Market Heat
Cooler than normal
2015 → 2026 · 87 at the 2022 peak
0 is Banyan Bay's coldest market since 2015, 100 its hottest. Today: 18. How it's scored

Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data12 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Banyan Bay in Fort Myers, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 7 recorded sales closed at a median of $405,000, $203 per square foot, a median 65 days on market, sellers accepting 88% of original asking (-15% versus the prior year). Homes listed or recently sold were built 2012–2013; 2 of the 3 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 $6,470 ($5,800 with the full homestead exemption).

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)
Sale prices, last 12 months$405,000 median across 7 closed sales · $203 per sq ft · -14.7% vs the prior 12 months
Days on market (closed sales)65 median
For sale right now3 active, 0 pending · median asking $450,000
Owner-occupied (homestead) share76%

Data as of September 20, 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 September 20, 2026.

Last 30 days in Banyan Bay: 2 new listings (median asking $444,500), 1 under contract right now. As of October 2, 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
$405K ▼
Median sold · 12 mo
down 14.7% vs the prior 12 months
-14.7% ▼
1-yr price change
n = 7 and 5 sales in the two windows
$203/sf
Sold $/sqft · 12 mo
peak $255 in 2023
88.1%
Sale vs ask
Tempo
65days
Median DOM · closed
4 days at the 2021 low
0%
Under contract
Lee: 18% (1,646 of 9,225)
3 · 0
For sale · pending
live counts, refreshed twice daily
7
Sold · last 12 mo
10-yr average: about 8 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 · 12 years of records
8
Recorded sales · 2024-2025
median $510K · qualified sales on the county roll (FL DOR 2025)
Est. 2007
Community established
homes built 2007-2023, median 2013 (FL DOR 2025)
1,998sqft
Median sold home size
12-mo windows, closed sales
7.5%/yr
Turnover rate
about 7 of 93 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

Banyan Bay Housing Pulse · Momentum Research · as of September 20, 2026

Banyan Bay right now

🔴 Off the recent peak. The trailing-12-month median ($405K) is down 14.7% from the prior 12 months ($475K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Florida Gulf Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (7 and 5 sales in the two windows).

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

· Updated October 2, 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 September 20, 2026): the median sale price is about $405K ($203 per sq ft over the trailing 12 months of closed sales), and a median 65 days on market for closed sales. The trailing-12-month median is down 15% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (7 closings in the current window).

In ZIP 33908 (Fort Myers), 1,459 homes closed in the last 12 months at a median of $345K ($201/sq ft), down 5.5% year over year, with a median 70 days on market. Right now 618 active and 124 pending listings — 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.

Windows contain 3 to 23 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$300K$400K$500K$600K2014201620182020202220242026
Down 14.7% year over year.
Every sale since 2014 · price vs size
$0$200K$400K$600K2k3k4k
103 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$2502014201620182020202220242026
Up from $127 in 2014 to a $255 peak in 2023; $203 now.
Median days on market · closed sales
01002002014201620182020202220242026
4 days at the 2021 low; 65 now.
Sale price vs original ask · median
90%95%2014201620182020202220242026
88.1% now.
Homes sold per 12-mo window
010202014201620182020202220242026
3 to 23 a year; 7 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
87 at the 2022 peak, 18 in the troughs, 18 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lee County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,184/mo
Lee County typical true cost to own
$183/mo
Lee County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

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 (2026-10-01).

Banyan Bay Market Scorecard

Balanced

Banyan Bay is currently a balanced market., a median asking price of $450,000, and homes go under contract in about 11 days.

$450,000
Median list
$405,000
Median sold
$224
List $/sqft
11
Days on mkt
2/1/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Florida Gulf Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

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 2026-10-01, 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.

Every Home for Sale in Banyan Bay Right Now (3)

All 3 active and pending Banyan Bay listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 8681 Banyan Bay Blvd · $450,000 · 3 bd / 2 ba · listed Sep 12, 2026 · listed by John R Wood Properties
  • 8554 Banyan Bay Blvd · $439,000 · 3 bd / 2 ba · listed Aug 30, 2026 · listed by The Keyes Company
  • 8618 Banyan Bay Blvd · $530,000 · 3 bd / 2 ba · pending · listed Aug 4, 2026 · listed by Premiere Plus Realty Company

Listing locations from Florida Gulf Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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
4.0C- · Buy Score
Recent Direction2.3/10
Owner Commitment7.6/10
Pricing Power2.0/10

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 (4.0). Basis: Recent Direction -14.7% year-over-year; Owner Commitment 76% owner-occupied; Pricing Power 88.1% 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.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Banyan Bay homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Banyan Bay.
In short
  • HOA dues reported around $267/month (about $3,204/yr) · median of 40 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $267 per month ($3,204 a year) — the median AssociationFee across 40 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

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?

Get a no-obligation home value based on real comparable sales in Banyan Bay, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Fort Myers →

Real comps, not an automated estimate.

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.

Frequently Asked Questions

What is the median home price in Banyan Bay?
The median sale price in Banyan Bay was $405K over the 12 months ending September 20, 2026 (7 closed sales, Florida Gulf Coast MLS).
How long do homes in Banyan Bay take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 65 days on market (7 sales, Florida Gulf Coast MLS).
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).
Is Banyan Bay a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Banyan Bay: the median sale price over the last 12 months was $405K (7 sales), 17% above the Fort Myers median of $345K; homes took a median 65 days to go under contract; the assessment roll counts 93 homes, 76% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.
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: October 1, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 33908))
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2014 (103 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

More on Banyan Bay

Thinking of selling in Banyan Bay? 7 recorded closings; median 65 days on market (window ending 2026-09-20). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Banyan Bay with Momentum Realty’s local guides.

Southwind0.3 mi away · median $534K, 6 sales/12 moCatalina Isles0.3 mi away · median $495K, 9 sales/12 moWoodgate Estates0.4 mi away · 15 homes, built 1995–06, 2 for saleCoastal Key0.5 mi away · median $490K, 9 sales/12 moSommerset Villas0.5 mi away · median $279K, 24 sales/12 moTide Marsh0.6 mi away · median $515K, 8 sales/12 moTropical Cove0.6 mi awayColony Lakes0.6 mi away · median $370K, 7 sales/12 mo

Browse all neighborhood guides →

Talk to a Local Banyan Bay Expert
Call Get Listings