The housing market in 33916 Fort Myers, FL is doing very well. According to the given information, the median value of housing in this area is $237,700, which is significantly lower than the US median value of $338,100. However, the one year house appreciation rate for the US is 8.27%, while the one year appreciation rate for 33916 Fort Myers, FL is 20.51%. This clearly shows that housing values in this area are increasing at a much faster rate than the national average. Overall, it looks like this area has a good outlook and could be an attractive option for potential homebuyers or real estate investors.
The median home cost in Fort Myers (zip 33916) is $237,700. Home appreciation the last 10 years has been 200.4%. Home Appreciation in Fort Myers (zip 33916) is up 29.5%.
Average Age of Homes
- The median age of Fort Myers (zip 33916) real estate is 23 years old
The Rental Market in Fort Myers (zip 33916)
- Renters make up 42.9% of the Fort Myers (zip 33916) population
- 4.4% of houses and apartments in Fort Myers (zip 33916), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.