Rapallo in Estero
Free · No obligation
Talk to a Rapallo Expert

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

Live Market Pulse
32/100
Market Heat
Cooler than normal
2014 → 2026 · 89 at the 2022 peak
0 is Rapallo's coldest market since 2014, 100 its hottest. Today: 32. How it's scored

Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data14 years of closingsUpdated twice daily

As of October 2026, Rapallo in Estero, FL has 5 homes for sale, asking from $300,000 to $730,000 (median $375,000). Over the 12 months ending 2026-09-20, 36 recorded sales closed at a median of $395,000, $243 per square foot, a median 40 days on market, sellers accepting 94% of original asking (-8% versus the prior year). Homes listed or recently sold were built 2005–2007; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $6,310 ($5,640 with the full homestead exemption).

Last 30 days in Rapallo: 1 new listing (median asking $350,000). As of October 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.

Live · Rapallo 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
$395K ▼
Median sold · 12 mo
down 7.6% vs the prior 12 months
-7.6% ▼
1-yr price change
n = 36 and 22 sales in the two windows
$243/sf
Sold $/sqft · 12 mo
peak $317 in 2024
94.1%
Sale vs ask
Tempo
41days
Median DOM · closed
4 days at the 2022 low
17%
Under contract
Lee: 18% (1,646 of 9,225)
5 · 1
For sale · pending
live counts, refreshed twice daily
36
Sold · last 12 mo
10-yr average: about 34 a year
Track record · 14 years of records
1,683sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Rapallo

Live MLS inventory for Rapallo. 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 Rapallo listings as of 2026-10-20, 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

Rapallo is a tight, single-era build — every home dates to 2005-2007, so you are not weighing older construction against newer within the same community the way you might elsewhere. That consistency simplifies the comparison for buyers, but it also means the whole community ages together, and any condition or system-life questions tend to apply community-wide rather than unit by unit.

The numbers point to a market that has cooled and is taking its time. Median price sits at $390,000, down 11.1% year over year, and the median days on market has stretched past 50. Combined with a market heat score of 25, this reads as a buyer's environment right now — sellers who need to move are pricing to compete, and buyers have room to negotiate on terms as well as price.

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

Rapallo Housing Pulse · Momentum Research · as of September 20, 2026

Rapallo right now

🟡 Off the recent peak. The trailing-12-month median ($395K) is down 7.6% from the prior 12 months ($428K).Momentum Research, record-level Florida Gulf Coast MLS closed sales, 12-month windows ending September 20. Confidence: High (36 and 22 sales in the two windows).

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

· Updated October 20, 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

Rapallo market snapshot (as of September 20, 2026): the median sale price is about $395K ($243 per sq ft over the trailing 12 months of closed sales), and a median 41 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (36 closings in the current window).

In ZIP 33928 (Estero), 1,490 homes closed in the last 12 months at a median of $504K ($256/sq ft), down 2.6% year over year, with a median 66 days on market. Right now 412 active and 130 pending listings — a buyer's market. See the live ZIP 33928 housing market and the Lee County market.

Florida Gulf Coast MLS sales records identify 16 homes in Rapallo that have changed hands since 2022, built between 2005 and 2007 (median 2007), with a median living area of about 1,660 sq ft and a typical 3-bedroom, 2-bath layout; 88% are condominiums. Source: Florida Gulf Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Rapallo is a 196-home community in Estero built out entirely between 2005 and 2007, with a median home size of 1,721 square feet and a median price of $390,000 — a market currently defined more by patience than urgency.

Best for

  • A buyer who wants a single-era community and values consistency in construction age over amenity variety.
  • An investor evaluating non-homestead ownership potential, given the current 40.3% homestead share.
  • A buyer with room to negotiate who is comfortable in a slower, lower-heat resale market.

Probably not for

  • A buyer specifically shopping for a defined amenity package, since none is currently identified from MLS listings.
  • A buyer expecting rapid appreciation, given the current year-over-year price decline.
  • A buyer who needs a fast close in a highly competitive bidding environment.

Windows contain 0 to 63 sales each (36 in the current window); every figure carries its sample size. 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
$200K$400K20122014201620182020202220242026
Down 7.6% year over year.
Every sale since 2012 · price vs size
$0$250K$500K$750K2k2k2k
458 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$30020122014201620182020202220242026
Up from $129 in 2012 to a $317 peak in 2024; $243 now.
Median days on market · closed sales
010020020122014201620182020202220242026
4 days at the 2022 low; 41 now.
Sale price vs original ask · median
94%96%98%100%20122014201620182020202220242026
94.1% now.
Homes sold per 12-mo window
020406020122014201620182020202220242026
0 to 63 a year; 36 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
89 at the 2022 peak, 28 in the troughs, 32 now. Same score as the hero card, full history.
How much local inventory is already under contract

19% of homes for sale in ZIP 33928 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 (2026-10-20).

Rapallo Market Scorecard

Balanced

Rapallo is currently a balanced market., a median asking price of $375,000, and homes go under contract in about 70 days.

$375,000
Median list
$395,000
Median sold
$233
List $/sqft
70
Days on mkt
5/0/0
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.

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

If we were buying in Rapallo 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 Rapallo.

Best Buy
Buyers comfortable with a single-vintage 2005-2007 community who want a straightforward, apples-to-apples comparison across units.
Biggest Risk
No amenity package is currently identified from MLS listings, so confirm any lifestyle features directly before assuming they exist.
Sweet Spot
Units priced near or below the $390,000 median with updates that justify the per-square-foot ask.
Avoid If
You are counting on a defined amenity lineup or a fast-moving, competitive resale environment.

One vintage, one price story

With a median year built of 2007 and every home falling in that 2005-2007 window, Rapallo does not have the layered pricing complexity of a community built out over decades. What you are pricing is largely condition, updates, and unit position rather than era. At a median price per square foot of $239.43 and roughly 1,721 square feet at the midpoint, the math is straightforward to run against any specific listing.

The homestead share of 40.3% is worth noting — a meaningful portion of Rapallo's owners are not claiming the property as a primary residence, which typically points to investment or seasonal use. That mix, combined with 38 closings in the current window and a slower 50.5-day median time on market, suggests inventory does move but without the competitive pressure of a tight market. Current MLS listings do not identify a defined amenity package for the community, so any lifestyle draw here needs to be verified unit by unit or confirmed directly rather than assumed.

“

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a single-vintage community with a wide range of possible conditions and a slower-moving market, the difference between a fair offer and an overpay is in the details — recent comparable closings, actual days on market for similar units, and what condition is really driving the per-square-foot number on any given listing. We pull that from the current data rather than list-price optimism, and we push back when a number does not hold up.

Rapallo in 15 seconds.

Best forBuyers comfortable with a single-vintage 2005-2007 community who want a straightforward, apples-to-apples comparison across units.
Biggest advantageA buyer-favorable market right now, with price and days-on-market both softening year over year.
Biggest riskNo amenity package is currently identified from MLS listings, so confirm any lifestyle features directly before assuming they exist.
Sweet spotUnits priced near or below the $390,000 median with updates that justify the per-square-foot ask.
Avoid ifYou are counting on a defined amenity lineup or a fast-moving, competitive resale environment.
The takeaway

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

What is your Rapallo home worth?

Get a no-obligation home value based on real comparable sales in Rapallo, 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 Estero →

Real comps, not an automated estimate.

Recently off market in Rapallo

Homes in Rapallo 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. 3 on record.

Rapallo key facts
LocationEstero, Lee County, FL · ZIP 33928
Home types (current listings and sales)condos 80%, attached 20%
Sale prices, last 12 months$395,000 median across 36 closed sales · $243 per sq ft · -7.6% vs the prior 12 months
Days on market (closed sales)40 median
For sale right now5 active, 1 pending · median asking $375,000

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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Rapallo key facts,” movewithmomentum.com/neighborhoods/rapallo, data as of September 20, 2026.

Just listed in Rapallo

The newest homes for sale in Rapallo right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS Oct 20, 2026. All new listings in this market.

Every Home for Sale in Rapallo Right Now (5)

All 5 active and pending Rapallo listings with a detail page, newest first, refreshed twice a day from the MLS.

What it really costs to own in Rapallo Condos for Sale

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

Property taxCurrent owners' bills run a median of $5,025/yr across 10 listings here (MLS tax records, 2026-10-20).
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.
Roof and ageMedian build year 2007 across 10 listings. An original roof here would be about 19 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Email me new listings in Rapallo Condos for Sale

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 Rapallo Condos for Sale

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Rapallo Condos for Sale 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.

Recent Developments in Rapallo

Development, infrastructure, retail, and school activity affecting Rapallo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

  1. September 2026
    Development

    Ritz-Carlton Residences, Estero Bay tops off second tower

    The second of two 22-story towers at 5000 Coconut Road reached full height on Sept. 18, 2026, completing the 224-residence project by London Bay and Coastal Construction. Tower One is more than 90% purchased and Tower Two about 45%. Move-ins and completion are scheduled for August 2027.

    What it may mean for the marketAdds high-end waterfront condominium inventory in the Estero and Bonita Springs area, with completion expected in August 2027. The site is about 2 miles southeast of Rapallo.

    Source: Gulfshore Business
  2. August 2026
    Development

    Audubon and Cameratta settle lawsuit over 10,000-home Kingston community

    Audubon and Cameratta Companies settled a federal suit over the Kingston permit; Cameratta will buy about 98 acres off Carter Road and give up a 100-foot easement for a road through Corkscrew Swamp Sanctuary. Kingston covers about 6,700 acres in eastern Lee County, with first model homes expected within about two months.

    What it may mean for the marketRemoves a legal obstacle to a master-planned community of about 10,000 homes east of Estero, and rules out a road link into Collier County through the sanctuary. The site is about 11 miles east of Rapallo.

    Source: Gulfshore Business
  3. July 2026
    Infrastructure

    New Big Carlos Pass Bridge opens in Lee County

    The new fixed-span Big Carlos Pass Bridge connecting the south end of Estero Island with Lovers Key officially opened and was dedicated June 30, 2026. The $90.8 million project replaces an older drawbridge and provides 60 feet of boat clearance along with bicycle lanes and sidewalks. Concrete from the demolished drawbridge was repurposed into an artificial reef offshore.

    What it may mean for the marketA new high-span bridge upgrades the coastal road connection and removes the delays associated with the former drawbridge. The project is about 4 miles west of Rapallo, elsewhere in Lee County.

    Source: Gulfshore Business
  4. June 2026
    Retail & Dining

    High 5 Entertainment underway at Village Hub SportsPark in Estero

    Vertical construction is underway on a High 5 Entertainment venue at the Village Hub SportsPark on the north side of Williams Road in Estero. The facility will include the 21-court Estero Pickleball Club, a 16-lane bowling alley, two miniature golf courses, an arcade, a full-service kitchen and bar, and retail space. The CEO said construction should finish within six to eight months, targeting soft openings in February 2027.

    What it may mean for the marketA new entertainment and dining venue adds recreational and commercial space to the Estero activity hub. The project is about 3 miles north of Rapallo, elsewhere in Lee County.

    Source: Gulfshore Business
  5. June 2026
    Retail & Dining

    Fort Myers Beach approves Development Order for Times Square entertainment center with hotel and restaurant

    Fort Myers Beach town staff issued a Development Order for a three-story mixed-use entertainment center at 1028 and 1046 Estero Boulevard at Times Square, on the former sites of Sunset Beach Tropical Grill and The Playmore Tiki Bar. The 41,285-square-foot project by Persaud Properties would include six hotel units, a restaurant, shopping, a bar, an entertainment venue with a stage and a public pool. No construction permits had been issued as of the approval, with additional environmental and stormwater approvals still required.

    What it may mean for the marketA new mixed-use entertainment building would add hotel, dining and retail space to the Times Square commercial district and support its post-storm rebuild. The project is about 10 miles northwest of Rapallo, elsewhere in Lee County.

    Source: Fort Myers Beach Observer
  6. May 2026
    Development

    Estero board reviews 370-unit mixed-use complex at Estero Parkway and Three Oaks Parkway

    The Estero Planning, Zoning and Design Board on May 19, 2026 reviewed The Residential Group's proposal for a mixed-use development on 5.275 acres at the southwest corner of Estero Parkway and Three Oaks Parkway. The plan calls for 370 apartments and 33,000 square feet of commercial space and requests a zoning change from a 1994 commercial planned development to a mixed use planned development. The proposal projects fewer daily trips and lower density than the previously approved shopping center.

    What it may mean for the marketThe plan would convert an aging commercial site into new housing and ground-floor retail at a major intersection. The project is about 3 miles northeast of Rapallo, elsewhere in Lee County.

    Source: Gulfshore Business

Development alerts for RapalloGet a short monthly email when something new is approved, funded, or opens near Rapallo.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in Rapallo?
The median sale price in Rapallo was $395K over the 12 months ending September 20, 2026 (36 closed sales, Florida Gulf Coast MLS).
How long do homes in Rapallo take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 41 days on market (36 sales, Florida Gulf Coast MLS).
Who is the best real estate agent for Rapallo?
The best agent for Rapallo is one who actively works Estero 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 Rapallo.
How do I find a top Estero real estate agent who knows Rapallo?
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 Rapallo and the wider Estero area.
Can Momentum Realty connect me with an agent for Rapallo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Rapallo purchase or sale - no call center and no pressure.
Where is Rapallo, and what county is it in?
Rapallo is in Estero, Lee County, FL, ZIP 33928.
A buyer who wants a single-era community and values consistency in construction age over amenity variety.Excellent fit
An investor evaluating non-homestead ownership potential, given the current 40.3% homestead share.Excellent fit
A buyer with room to negotiate who is comfortable in a slower, lower-heat resale market.Excellent fit
A buyer specifically shopping for a defined amenity package, since none is currently identified from MLS listings.Probably not
A buyer expecting rapid appreciation, given the current year-over-year price decline.Probably not
A buyer who needs a fast close in a highly competitive bidding environment.Probably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: October 20, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2012 (458 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 Rapallo Condos for Sale in Estero

Nearby Communities

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

Palmetto Ridge At Shadow Wood0.3 mi away · median $510K, 3 sales/12 moOakbrook (Lee)0.4 mi awayThe Greens (Lee)0.5 mi away · median $185K, 9 sales/12 moSycamore Grove0.5 mi away · 1 for saleManors At Fountain Lakes0.5 mi awaySungate Villas0.6 mi awayVillas At Fountain Lakes0.6 mi away · median $308K, 4 sales/12 moVillas At Timber Lake0.6 mi away · median $335K, 3 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in Rapallo? 36 recorded closings; median 40 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.
Talk to a Local Rapallo Expert
Call Get Listings