Is North Fort Myers, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, North Fort Myers was a Seller's Market.
Housing Prices in North Fort Myers, FL
How much do homes in North Fort Myers, FL cost?
Median Sold Price
$329,731
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in North Fort Myers was $329,731 in March 2024, down 0.2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $142.5K | $136.3K | -4.4% |
2 Bedrooms | $260.1K | $274.5K | +5.5% |
3 Bedrooms | $400K | $375K | -6.3% |
4 Bedrooms | $515K | $400K | -22.3% |
5+ Bedrooms | $670K | $489K | -27.0% |
Summary: North Fort Myers housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 22.3%, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Cities
Fort Myers Shores | $413.1K | $435K | +5.3% |
Fort Myers | $364.5K | $370.2K | +1.6% |
North Fort Myers | $330.2K | $329.7K | -0.2% |
Cape Coral | $414.4K | $399.1K | -3.7% |
Housing Supply in North Fort Myers, FL
How many homes are available in North Fort Myers, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
674 | 705 | +4.6% |
Summary: The North Fort Myers real estate market had 705 homes for sale in March 2024, a 4.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 11 | +37.5% |
2 Bedrooms | 267 | 279 | +4.5% |
3 Bedrooms | 280 | 293 | +4.6% |
4 Bedrooms | 100 | 103 | +3.0% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The North Fort Myers housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 89 | +21.9% |
Asking Price vs. Sold Price
72 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in North Fort Myers in March 2024, up by 21.9% month-over-month. Of the 89 sold homes, 81% were sold under asking, 15% were sold at asking, and 4% were sold over asking.
Days on Market for North Fort Myers, FL
How long does it take to sell a home in North Fort Myers, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 73 Days | +108.5% |
Summary: Homes in North Fort Myers had an average of 73 days on market in Mar 2024, up by 108.5% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Summary: During March 2024, 89 homes were sold in North Fort Myers; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.