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Fort Myers Real Estate Market Overview

Average Monthly Rent:

$1,627

Percentage Change in Home Price/Value:

27.2%

Median Home Value:

$349,900

Best Time To Sell Home:

August

Affordability Index:

111

Days To Sell House:

Job Market:

Fair

Public School Ranking:

Location and Weather

Fort Myers sits in the center of Lee County on the southern Florida Gulf Coast, and is most popular amongst tourists and retirees for its beaches, wholesome family attractions and out-door recreation. Fort Myers also offers 115 sq. miles of residential opportunity along canals and waterfronts.

This calm and serene city has a tropical climate, with warm water beaches and primarily clear skies year-round. The warmest month in Fort Myers is July, with a high temperature of 92 degrees.

Population, Job Market and Cost of Living

Fort Myers has a population of 101,725, with a growth rate of 5.03% annually. The job market has increased by 1.9% over the last year. In ten years, job growth is predicted to be 44.0%. In 2020 Fort Myers was nominated as the Fastest Growing City for its size in America, ranking #1 in the jobs and economy category by Wallethub. Some of the larger and higher paying industries in this city are retail trade, health care, social assistance, construction, professional, scientific and technical services.

Fort Myers is considered a more affordable city when compared to Florida’s average cost of living, despite its progressive nature.

Hottest Neighborhoods:

San Carlos Park, Cypress Lake, McGregor, Fort Myers Beach, Iona

Average Monthly Rent in Fort Myers

The average monthly rent in Fort Myers is $1,672 for an average apartment size of 996 sq. feet.

Change in Home Value and Median Home Value

There has been a 27.2% increase in Fort Myers median home value over the last year. As of 2022, the median home value is $349,900.

Days to Sell a House

On average, homes in Fort Myers sell after 49 days on the market.

Best Time to Sell a House in Fort Myers

Selling in the month of August can provide home owners with both the highest profit and quickest sale.

Affordability Index

The affordability index in Fort Myers is 111. This number indicates increased affordability in this city.

Fort Myers Public School Ranking

The top ranked public schools are Florida Southwestern Collegiate High School, Heights Elementary School, Three Oaks Elementary School, Rayma C. Page Elementary School, Three Oaks Middle School and Fort Myers High School. This information derives from The U.S. Department of Education, The U.S. Census Bureau and the Florida Department of Education’s data.

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