Market report · FL

Fort Myers, FL

Buyer's market

Cash-flow-friendly fundamentals: 6.7% gross rent yield and 87% of sales closing below list make Fort Myers a steady BRRRR and rental market.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$312k
Typical home value
↓17.1%
-9.4%
YoY change
$1,756
Median rent
↓10.3%
6.74%
Gross yield
64
Median DOM
98/100
MDR score
Detail Value Detail Value
Median list price $323,333 Median sale price $320,917
Sale-to-list ratio 0.957 % sold below list +86.9%
Active inventory 4,051 New listings 693
Trends · 36-month series

How Fort Myers has moved.

Typical home value $377k → $312k · ↓17.1% (36mo)
$312k $335k $358k $381k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↓10.3% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 67d → 64d · ↓5.7% (36mo)
64d 65d 66d 67d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.956 → 0.957 · ↑0.1% (36mo)
0.955 0.956 0.957 0.957 Jan 26Feb 26Mar 26

Fort Myers sits at a median home value of $312,436 as of the latest Zillow read, down 9.4% year-over-year — a meaningful softening that’s putting deal flow back on the table for cash buyers.

The sale-to-list ratio sits at 0.957, and 86.9% of closed sales are landing below list. That’s a clear buyer’s market — sellers are negotiating, and motivated-seller direct mail is converting at rates we haven’t seen since 2014.

Rents tell a stronger story. The Zillow Observed Rent Index for Fort Myers is $1,756/mo against a $312k median — that’s a 6.74% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.

Median days-on-market is running around 64 days against 4,051.333 active listings — extended DOM creates room for direct-to-seller approaches and price-cut targeting. List-pull strategies on properties at 90+ days are converting in this environment.

MDR’s composite investor score for Fort Myers is 98/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. That puts it in our top tier — actively recommended for new capital deployment this cycle.

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FAQ

Fort Myers for investors.

Is Fort Myers a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Fort Myers is 98/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. That puts Fort Myers in our top tier — actively recommended for new capital deployment this cycle.

What is the median home price in Fort Myers?

The typical home value in Fort Myers as of the most recent Zillow read is $312,436. Median list price is $323,333 and median sale price is $320,917. Year-over-year change: -9.4%.

What can a landlord expect to rent a property for in Fort Myers?

Zillow's Observed Rent Index for Fort Myers is $1,756/mo. Against the typical home value of $312k, that produces a gross annual rent yield of 6.74% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.

Is Fort Myers a buyer's or seller's market?

Fort Myers's current sale-to-list ratio is 0.957 with 86.9% of homes closing below list. That's a clear buyer's market — sellers are negotiating. Median days on market: 64 days. Active inventory: 4,051 listings.

Which investment strategy works best in Fort Myers?

Fort Myers's data favors wholesaling — soft pricing and motivated sellers make spreads workable. See the per-strategy breakdowns at /wholesaling/fort-myers, /brrrr/fort-myers, and /flipping/fort-myers.

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