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Fort Myers real estate market overview
- Average Monthly Rent: $1,627
- Home Price/Value Percentage Change: 27.2%
- Median Home Value: $349,900
- Best Time To Sell a Home: August
- Affordability Index: 111
- Days To Sell a House: 49
- Job Market: Fair
- Public School Ranking: 18
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.
Fort Myers real estate market details
- San Carlos Park
- Cypress Lake
- McGregor
- Fort Myers Beach
- Iona
The average monthly rent in Fort Myers is $1,672 for an average apartment size of 996 sq. feet.
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.
On average, homes in Fort Myers sell after 49 days on the market.
Selling in the month of August can provide home owners with both the highest profit and quickest sale.
The affordability index in Fort Myers is 111. This number indicates increased affordability in this city.
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 US Department of Education, The US Census Bureau and the Florida Department of Education's data.