Lee County, FL Home Values & Market Trends

The median home price in Lee County, FL is $420,366.8. There were 21,829 home sales in Lee County, FL over the past 12 months. The median residential Lee County, FL home value for transactions over the previous year is $360,828.527. The number of current listings in Lee County, FL is 6,230, and the percentage of properties for sale is 6230.00%. The county has 1,489 foreclosures, 32 bank owned properties, 84 headed for auction, and 6,230 properties for sale.

Lee County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Fort Myers

$ 399,000

$ 252/sqft

Sanibel

$ 1,150,000

$ 668/sqft

Cape Coral

$ 452,509

$ 265/sqft

Saint James City

$ 657,658

$ 396/sqft

Bonita Springs

$ 715,000

$ 383/sqft

Bokeelia

$ 560,000

$ 398/sqft

Lehigh Acres

$ 333,843

$ 205/sqft

Alva

$ 551,077

$ 258/sqft

North Fort Myers

$ 390,042

$ 229/sqft

Boca Grande

$ 7,500,000

$ 2,032/sqft

Estero

$ 629,000

$ 313/sqft

Captiva

$ --

$ --

Fort Myers Beach

$ 811,000

$ 607/sqft

Housing Market Summary for Lee County, FL

Apr 2023March 2024Change
Median Listing Price$450K$418.9K-6.92%
Median Sold Price$415.5K$418.9K0.82%
Homes For Sale4,0096,41660.04%
Homes Sold15,44112,784-17.21%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lee County, FL

Lee County, FL home values range from $19,259 to $63,804,163. Boca Grande is the priciest city with a median listing home price of $5,847,500, and North Fort Myers is most affordable with average house prices of around $285,000.

Foreclosure
There are 13 cities within Lee County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $28,280,226 in Fort Myers to the lowest value of $25,783 in Fort Myers. Foreclosure homes account for 0.00% of properties in Lee County, FL with Fort Myers containing 476 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.37% of all residential properties in Lee County, FL with Fort Myers containing 443 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 13 cities within Lee County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $2,557,705 in Boca Grande to the lowest home value of $25,783 in Fort Myers.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lee County, FL ranges from the highest value of $951,441 in Estero to the lowest value of $177,300 in Cape Coral. Bank owned homes and properties account for 0.01% of properties in Lee County, FL. There are 13 cities within Lee County, FL; Fort Myers containing 9 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Cape Coral has 28 auction properties, the highest number of properties going to auction in a single city in the state of Lee County, FL. Auction homes and other auction properties account for 0.02% of all properties in Lee County, FL. There are 13 cities within Lee County, FL; of those cities, the median estimated home value for homes going to auction ranges from $1,023,931 in Bonita Springs to the lowest value of $144,298 in Bonita Springs.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.70% of residential properties in Lee County, FL with Fort Myers containing 2133 homes for sale, the highest number of listed properties in a single city. There are 13 cities within Lee County, FL; homes for sale in those cities, have a range of median values from $9,620,439 in Boca Grande to the lowest value of $32,020 in Fort Myers.
    Sold Homes
    The median value for recently sold homes ranges from $21,338,758 in Boca Grande to the lowest price of $19,259 in Boca Grande. There are 13 cities within Lee County, FL. Fort Myers has 4353 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.72% of properties in Lee County, FL.

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      Guide for Lee County, FL

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
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      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.