Lake Murex
Homes for Sale in Sanibel, FL

Community in Sanibel · Lee County · ZIP 33957
122 homesBuilt 1955–2020Median sale $856K
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Live Market Pulse
11/100
Market Heat
Cooler than normal
2021 → 2026 · 76 at the 2022 peak
0 is Lake Murex's coldest market since 2021, 100 its hottest. Today: 11. How it's scored
Built fromLive fgc data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Lake Murex Housing Pulse fgc + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$856K
Median sold · 12 mo
down 42.9% vs the prior 12 months
-42.9%
1-yr price change
n = 6 and 3 sales in the two windows
$522/sf
Sold $/sqft · 12 mo
peak $719 in 2022
83.2%
Sale vs ask
Lee median: 93.1%
Tempo
178days
Median DOM · closed
3 days at the 2021 low
6
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
43%
Owner-occupied · Lake Murex
57 of 132 parcels homesteaded (FL DOR 2025)
57%
Non-owner-occupied · Lake Murex
incl. 11% trust or LLC-held · 46% out-of-state
67%
Cash buyers · Lake Murex
4 of 6 sales, 12 mo ending July 2026
122
Homes in the community
plus 10 vacant residential lots · 132 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1955
Community established
homes built 1955-2020, median 1985 (FL DOR 2025)
1,622sqft
Median sold home size
12-mo windows, closed sales
4.9%/yr
Turnover rate
about 6 of 122 homes trade a year
Lake Murex Housing Pulse · Momentum Research · as of July 29, 2026

Lake Murex right now

🔴 Off the recent peak. The trailing-12-month median ($856K) is down 42.9% from the prior 12 months ($1.50M). With about 5 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 fgc closed sales, 12-month windows ending July 29. Confidence: Low (6 and 3 sales in the two windows).

What's unique here: the median sale price is about 2x the typical Lee County sale ($856K vs $355K, trailing 12 months, fgc records).

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

Updated July 29, 2026 · Live data: fgc, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Lake Murex market snapshot (as of July 29, 2026): the median sale price is about $856K ($522 per sq ft over the trailing 12 months of closed sales), and a median 178 days on market for closed sales. The trailing-12-month median is down 43% from the prior 12 months, computed from record-level fgc closed sales (6 closings in the current window).

Lake Murex is a community of 122 homes in Sanibel, Lee County, built between 1955 and 2020 (median 1985), with a median living area of about 4,944 square feet. 43% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 29 of each year, from record-level fgc closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($856K) IS the median in the snapshot above, and the move from 2025 ($1.50M) IS the -42.9% one-year change.

Windows contain 1 to 13 sales each (6 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
$1M$1.5M2014201620182020202220242026
Down 42.9% year over year.
Every sale since 2014 · price vs size
$0$1M$2M2k3k4k
61 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$400$6002014201620182020202220242026
Up from $386 in 2014 to a $719 peak in 2022; $522 now.
Median days on market · closed sales
01002014201620182020202220242026
3 days at the 2021 low; 178 now.
Sale price vs original ask · median
90%100%2014201620182020202220242026
83.2% now vs Lee 93.1%.
Homes sold per 12-mo window
05102014201620182020202220242026
1 to 13 a year; 6 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning202220242026
76 at the 2022 peak, 11 in the troughs, 11 now. Same score as the hero card, full history.
How much local inventory is already under contract

33% of homes for sale in ZIP 33957 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 (2026-07-18).

If we were buying in Lake Murex 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 Lake Murex.

A closer look at the Lake Murex market

At a median of $522 per square foot, Lake Murex prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 43% year over year. Homes that do trade take a median 178 days on market, useful leverage on any listing that has lingered.

The housing stock is 122 homes built between 1955 and 2020, and 43% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

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

Jon Brooks · Founder, Momentum Realty
1.4D · Buy Score
Recent Direction0.0/10
Owner Commitment4.3/10
Pricing Power0.0/10

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 (1.4). Basis: Recent Direction -42.9% year-over-year; Owner Commitment 43% owner-occupied; Pricing Power 83.2% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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 Lake Murex sales matched to your home.

What is your Lake Murex home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Lake Murex?
The median sale price in Lake Murex was $856K over the 12 months ending July 29, 2026 (6 closed sales, fgc).
How long do homes in Lake Murex take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 178 days on market (6 sales, fgc).
How many homes are in Lake Murex?
The Florida DOR 2025 assessment roll shows 122 homes plus 10 vacant residential lots in Lake Murex (public records).
What share of Lake Murex is owner-occupied?
43% of Lake Murex parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lake Murex built?
Homes in Lake Murex were built between 1955 and 2020, with a median year built of 1985 (FL DOR 2025 roll).
Do cash buyers compete in Lake Murex?
Cash buyers took 67% of Lake Murex sales in the 12 months ending July 2026 (4 of 6 closings, fgc).
Who is the best real estate agent for Lake Murex?
The best agent for Lake Murex is one who actively works Sanibel 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 Lake Murex.
How do I find a top Sanibel real estate agent who knows Lake Murex?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Lake Murex and the wider Sanibel area.
Can Momentum Realty connect me with an agent for Lake Murex?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake Murex purchase or sale - no call center and no pressure.

Data sources & freshness

Community market statsfgc closed sales, 12-month windows ending July 29, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33957))
Under-contract sharesfgc records, as of 2026-07-18
Historical depthClosed-sale records back to 2014 (61 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 fgc 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 fgc member average and 8 days faster, and we’ll price yours against live your area comps.

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