The story of this market
The typical home in ZIP 33916 sells for about $212,189, or $190 per square foot.
Prices are down 6.9% from a year ago, which gives buyers more room to negotiate. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $1,463 a month.
ZIP 33916 — Fort Myers
The 33916 housing market is currently experiencing a correction, with median prices declining 6.9% year-over-year. High affordability pressures and elevated insurance costs are cooling demand, leading to a buyer-leaning market environment. Inventory remains moderate, but the combination of rising interest rates and economic uncertainty is driving a cautious outlook for the near term.
This ZIP is well-suited for budget-conscious buyers, investors seeking rental yield, and commuters working in the Fort Myers metro area.
Median prices moved down 6.9% year over year.
Homes spend a median of 56 days on market with 4.8 months of supply — a balanced-paced market.
25% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.9% · poverty 20.8% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 33916, Lee County FL
The area is subject to coastal flood risks and wind exposure typical of the Southwest Florida region, necessitating comprehensive property insurance.
The area benefits from proximity to the Fort Myers employment core, with ongoing residential and commercial infill development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Residents have direct access to major corridors like US-41 and I-75, providing a standard commute to the Fort Myers employment hub.
The area features access to local parks and proximity to the Caloosahatchee River waterfront and downtown Fort Myers shopping and dining districts.
The rental market shows strong demand with a gross rent yield of approximately 9.42%, reflecting significant investor interest in the area.
The economy is driven by tourism, healthcare, and retail services, with significant employment opportunities in the broader Fort Myers-Cape Coral MSA.
The area is served by a network of arterial roads connecting to I-75 and US-41, with limited public transit options.
Development is focused on residential densification and commercial revitalization along the riverfront corridors.
The Lee County Property Appraiser manages assessments, with values often lagging behind current market sales trends.
Parcels are subject to Lee County general taxes and various special utility or drainage districts.
Property insurance premiums remain elevated due to regional hurricane and flood risk exposure.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Brightwater Lagoon4.37.5 mi
- Sun Splash Family Waterpark4.19 mi
- Sky Zone Trampoline Park4.22 mi
- Sky Zone Trampoline Park4.36.2 mi
- Gator Mike's Family Fun Park3.98.8 mi
- Hertz Arena4.412.9 mi
- JetBlue Park4.76.6 mi
- Edison & Ford Winter Estates4.73 mi
- Topgolf Fort Myers4.21.9 mi
- Fleamasters Flea Market4.31.6 mi
- Edison & Ford Winter Estates4.73 mi
- Manatee Park4.56.1 mi
- Six Mile Cypress Slough Preserve4.83.5 mi
- Fleamasters Flea Market4.31.6 mi
- Lakes Park4.77 mi
- Edison & Ford Winter Estates4.73 mi
- Sanibel Lighthouse4.616.1 mi
- Koreshan State Park4.713 mi
- Calusa Nature Center & Planetarium4.21.3 mi
- IMAG History & Science Center4.22.1 mi
- Edison & Ford Winter Estates4.73 mi
- Manatee Park4.56.1 mi
- Six Mile Cypress Slough Preserve4.83.5 mi
- Lakes Park4.77 mi
- Four Mile Cove Ecological Preserve4.75.3 mi
- Pink Shell Beach Resort & Marina4.613.7 mi
- Slipaway Food Truck Park & Marina4.57.6 mi
- Salty Sam's Marina4.513.2 mi
- Rosen Park4.75.5 mi
- Gulf Harbour Yacht & Country Club4.69 mi
- Topgolf Fort Myers4.21.9 mi
- Ibis Landing Golf & Country Club4.411.2 mi
- Smugglers Cove Adventure Golf4.711.5 mi
- Eastwood Golf Course4.10.8 mi
- Fort Myers Country Club4.33.2 mi
- Edison Mall4.12.6 mi
- Fleamasters Flea Market4.31.6 mi
- Gulf Coast Town Center4.59.7 mi
- Bell Tower4.35.5 mi
- Southwest Florida International Airport4.57.7 mi
- Punta Gorda Airport4.322.9 mi
- Gulf Coast Hospital Helipad4.45.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Provides recreational boating and fishing access.
Major regional hub for entertainment and retail.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.