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Naples Real Estate Market Overview

Average Monthly Rent:

$2,032

Percentage Change in Home Price/Value:

36.1%

Median Home Value:

$624,900

Best Time To Sell Home:

March

Affordability Index:

71

Days To Sell House:

60

Job Market:

Fair

Public School Ranking:

18

Location and Weather

Naples is situated in the southwestern region of Florida, in Collier County. This city sits just 40 miles from Fort Myers, on the edge of the Everglades. Considering its location on the Gulf of Mexico, Naples has a reputation for beautiful beaches and serene coastal destinations.

Naples is a warm and sunny hotspot for residents and visitors year-round. Temperatures reach highs in the 90s during the month of July, and winters drop to tolerable temperatures in the 50s.

Population, Job Market and Cost of Living

The population in Naples is 22,265, with a growth rate of 0.27% annually. The job market has increased by 0.9% over the last year. In ten years, job growth is predicted to be 39.3%. Naples is an established but ever-growing city that offers its residents expansive employment opportunities. Retail trade, health care, real estate, construction, and accommodation and food services are dominating industries of this city’s economy. Large employers here are NCH Healthcare System, Marriott international, and Collier County Public Schools. Naples is also home to Arthrex and ASG Technologies headquarters.

The cost of living here is high, considering Naples is a notoriously wealthy city. Despite its low affordability, it is one of the safest cities in Florida with a crime rate 90% lower than Florida’s average.

Hottest Neighborhoods:

Old Naples, Park Shore, Coquina Sands, Aqualane Shores, Port Royal, Pelican Bay

Average Monthly Rent in Naples

The average monthly rent in Naples is $2,032 for an average apartment size of 1,008 sq. feet.

Change in Home Value and Median Home Value

There has been a 36.1% increase in Naples median home value over the last year. As of 2022, the median home value is $624,900.

Days to Sell a House

On average, homes in Naples sell after 60 days on the market.

Best Time to Sell a House in Naples

For homeowners interested in earning the highest value for their home, the best time to sell is during March. Homeowners interested in a quick sale should sell during the month of April.

Affordability Index

The affordability index in Naples is 71. This number indicates low affordability in this city.

Naples Public School Ranking

The top ranked public schools are Pelican Marsh Elementary School, Sea Gate Elementary School, Veterans Memorial Elementary School, Lorenzo Walker Technical High School and North Naples Middle School. This information is dependent on data from The U.S. Department of Education, The U.S. Census Bureau and the Florida Department of Education.

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