What $1M Buys in Lee County, FL

A $1M budget buys a very different house depending on which Lee County city you point it at. This page compares every city with at least five active listings within 10% of $1M — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.

There are 285 homes for sale in Lee County, FL priced between $900,000 and $1,100,000 right now. At $1M, the typical home is 2,287 sq ft, built 2003, at $441/sq ft; 7% of them are new construction and the median has been on the market 70 days. The most house for the money is in Alva (4,488 sq ft median); the least in Fort Myers Beach (1,448 sq ft); the newest in Cape Coral (median build year 2021).

What $1M buys, city by city

CityHomes for saleMedian sq ftBeds / bathsMedian year built$ / sq ftNew constructionMedian DOM
Cape Coral942,3963 / 32021$41720%77
Bonita Springs382,1963 / 32006$4610%44
Fort Myers322,7974 / 31998$3480%69
Fort Myers Beach321,4483 / 21980$6630%57
Sanibel311,9903 / 21982$4950%130
Estero222,4763 / 32015$3990%34
North Fort Myers72,5834 / 31982$3870%256
Alva54,4884 / 42007$2230%85

By ZIP code: where $1M goes furthest

The same budget by ZIP — useful where one city covers most of the county.

ZIPHomes for saleMedian sq ftMedian year built$ / sq ftNew construction
33914 Cape Coral462,4192015$41413%
33931 Fort Myers Beach321,4481980$6630%
33957 Sanibel311,9901982$4950%
34135 Bonita Springs242,2662014$4280%
33993 Cape Coral232,2312024$44443%
33928 Estero182,4882016$3910%
34134 Bonita Springs172,1021998$4750%
33991 Cape Coral112,3832019$4319%
33908 Fort Myers92,6341994$3740%
33990 Cape Coral72,6702006$37414%
33913 Fort Myers72,1932015$4590%
33904 Cape Coral72,3512005$4310%

Communities with the most homes near $1M

CommunityCityHomes for sale near $1MMedian sq ftMedian year built
Cape CoralCape Coral782,3632022
Corkscrew ShoresEstero52,4882016
Fairview IslesFort Myers Beach41,5811968
Bonita LakesBonita Springs42,7652015
Valencia BonitaBonita Springs42,3302019
Cape RoyalCape Coral42,5992019
Verdana VillageEstero32,4822024
Bonita National Golf And Country ClubBonita Springs32,0402015
Pointe Santo De Sanibel CondoSanibel31,2431977
Bonita FarmsBonita Springs21,8551991
MiramarFort Myers Beach21,3131963
Palm Harbor ClubFort Myers Beach21,6632000
Gulf PinesSanibel22,1151992
Dunes At Sanibel IslandSanibel22,6711992
Gulf Beach CondoSanibel29861978

How to read this

Counts and medians are computed from active MLS listings priced within 10% of $1M ($900,000–$1,100,000) as of October 24, 2026; property mix at this price: Single-family 78%, Condo 20%, Townhouse 1%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Lee County: $300K, $400K, $500K, $750K. Back to homes for sale in Lee County, FL.

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Common questions

What does $1M buy in Lee County, FL?

Across 285 active listings within 10% of $1M, the median home is 2,287 sq ft and was built in 2003, at about $441 per square foot. Alva gives the most space at that price (4,488 sq ft median); Fort Myers Beach the least.

Which Lee County city has the newest homes around $1M?

Cape Coral, where the median listing near $1M was built in 2021 and 20% of them are new construction.

How much new construction is there at $1M in Lee County?

About 7% of the 285 homes listed near $1M are new construction. The highest builder share is in Cape Coral (20%), Bonita Springs (0%), Fort Myers (0%).