The housing market in 33957 Sanibel, FL is currently booming. The median value for housing in this area is $1,099,600, which is significantly higher than the US House Median Value at $338,100. Additionally, the one year house appreciation rate for this area is 20.51%, much higher than the US 1 year House Appreciation of 8.27%. This indicates that investing in real estate in 33957 Sanibel, FL is a wise decision since property values continue to increase despite the current economic climate.
The median home cost in Sanibel (zip 33957) is $1,099,600. Home appreciation the last 10 years has been 200.4%. Home Appreciation in Sanibel (zip 33957) is up 29.5%.
Average Age of Homes
- The median age of Sanibel (zip 33957) real estate is 36 years old
The Rental Market in Sanibel (zip 33957)
- Renters make up 5.1% of the Sanibel (zip 33957) population
- 1.6% of houses and apartments in Sanibel (zip 33957), 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.