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 April 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
$328,597
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Fort Myers was $328,597 in April 2024, down 0.7% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.9K | $116K | -22.6% |
2 Bedrooms | $256.6K | $275K | +7.1% |
3 Bedrooms | $400K | $375K | -6.3% |
4 Bedrooms | $460K | $410K | -10.9% |
5+ Bedrooms | $600K | $500K | -16.7% |
Summary: North Fort Myers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.6%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Cities
Fort Myers Shores | $414.3K | $435K | +5.0% |
Fort Myers | $364.5K | $370.3K | +1.6% |
North Fort Myers | $330.9K | $328.5K | -0.7% |
Cape Coral | $410K | $398.8K | -2.7% |
Housing Supply in North Fort Myers, FL
How many homes are available in North Fort Myers, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
652 | 686 | +5.2% |
Summary: The North Fort Myers real estate market had 686 homes for sale in April 2024, a 5.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 12 | +33.3% |
2 Bedrooms | 258 | 271 | +5.0% |
3 Bedrooms | 277 | 284 | +2.5% |
4 Bedrooms | 89 | 100 | +12.4% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The North Fort Myers housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 | 72 | -23.4% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 72 homes were sold or pending in North Fort Myers in April 2024, down by 23.4% month-over-month. Of the 72 sold homes, 83% were sold under asking, 11% were sold at asking, and 6% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 71 Days | +106.9% |
Summary: Homes in North Fort Myers had an average of 71 days on market in Apr 2024, up by 106.9% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During April 2024, 72 homes were sold in North Fort Myers; 42% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.