Housing Market in Fort Myers

Fort Myers is a market still finding its footing several years after Hurricane Ian, with prices down year over year across every recent reading and inventory favoring buyers. Exactly how far prices have fallen depends on which month's snapshot you check, but the direction is consistent, and the market sits well below premium Gulf Coast neighbors like Sarasota and Naples.

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Median price: down year over year, though the exact figure moves by the month

Redfin snapshots for Fort Myers show a median sale price in the $325,000-$348,000 range through 2026, consistently down year over year -- a May 2026 reading put it at $339,000 (down 3.1% YoY), while a more recent snapshot showed $348,000 (down 6.2% YoY), and a November 2025 reading had cited $345,000 (down 12.7% YoY). The exact percentage varies by which month you check and how far back the comparison runs, but every recent reading agrees on the direction: prices are down meaningfully from their post-pandemic peak. Price per square foot has run around $203, per Redfin.

A buyer-favoring market on most measures

Momentum Realty's proprietary Momentum Score for Fort Myers reads 40 out of 100 -- squarely in 'buyer's opportunity' territory. Homes here receive about 1 offer on average, and Redfin describes the market as 'not very competitive.' That's a meaningfully different environment than the multiple-offer conditions of 2021-2022.

Days on market vary widely depending on what you measure

Days-on-market figures for Fort Myers span a wide range depending on the source and month: a citywide average of 87 days appears in one reading; a March 2026 snapshot put the median closer to 75 days; an August 15, 2026 reading showed 64 days; and well-positioned, move-in-ready homes were selling in a median of just 47 days as of July 2026. That spread reflects real variation between overpriced or dated listings sitting for months and well-priced, updated homes moving quickly -- not a single 'true' number.

Runs well below Sarasota and Naples

Fort Myers' median sale price sits well below comparable Southwest Florida coastal markets like Sarasota and Naples, where city-level medians run into the high six or seven figures. That relative affordability is a real part of Fort Myers' appeal for retirees and value-conscious buyers, though it also reflects a market still working through post-Ian uncertainty rather than simply being an undervalued bargain.

Key takeaways

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Last reviewed: 2026-08-22. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.