The story of this market
The typical home in ZIP 33957 sells for about $810,113, or $542 per square foot.
Prices are down 2.2% from a year ago, which gives buyers more room to negotiate. Homes take about 116 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $811 a month.
ZIP 33957 — Sanibel
The 33957 housing market is experiencing a cooling phase with declining prices and extended time on market. High median rents and a significant price premium over county averages suggest a niche, high-end segment within the broader Cape Coral market.
This ZIP is well-suited for affluent buyers and investors seeking waterfront or luxury residential properties in the Cape Coral area.
Median prices moved down 2.2% year over year.
Homes spend a median of 116 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 11.6% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 33957, Lee County FL
The area faces significant exposure to hurricane-related wind and flood risks, which heavily influences the local property insurance market.
Development is characterized by residential expansion in the Cape Coral-Fort Myers metro area, with ongoing infrastructure needs to support growth.
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 typically rely on personal vehicles for commuting, with travel times to employment centers in Fort Myers and surrounding areas varying by traffic conditions.
The area features access to canal-front living, local parks, and proximity to golf courses and shopping districts within the Cape Coral market.
The rental market in this ZIP shows high median asking rents, reflecting a mix of luxury and waterfront inventory.
The local economy is driven by the broader Cape Coral-Fort Myers metro area, with significant activity in construction, retail, and services.
The property insurance market is challenging due to high hazard exposure, leading to rising premiums and limited carrier availability.
Data not available for this specific ZCTA in current ACS releases.
- Sun Splash Family Waterpark4.115.1 mi
- Sky Zone Trampoline Park4.315.2 mi
- South Seas4.28 mi
- Gator Mike's Family Fun Park3.916.2 mi
- GameTime Fort Myers4.119 mi
- Hertz Arena4.419.6 mi
- Edison & Ford Winter Estates4.718.5 mi
- Pink Shell Beach Resort & Marina4.68.1 mi
- Barbara B. Mann Performing Arts Hall at FSW4.514.7 mi
- Bell Tower4.315.6 mi
- Bowman's Beach4.63.9 mi
- Lighthouse Beach Park4.64.9 mi
- Sanibel Lighthouse4.65 mi
- Doc Ford's Rum Bar & Grille4.61.3 mi
- J.N. "Ding" Darling National Wildlife Refuge4.61.1 mi
- Edison & Ford Winter Estates4.718.5 mi
- Sanibel Lighthouse4.65 mi
- Koreshan State Park4.717.3 mi
- IMAG History & Science Center4.219.7 mi
- Bailey-Matthews National Shell Museum & Aquarium4.60.7 mi
- Lighthouse Beach Park4.64.9 mi
- J.N. "Ding" Darling National Wildlife Refuge4.61.1 mi
- Bowditch Point Park4.78 mi
- Rotary Park4.59.9 mi
- Gulfside City Beach Park (Algiers)4.62.4 mi
- Pink Shell Beach Resort & Marina4.68.1 mi
- South Seas4.28 mi
- Slipaway Food Truck Park & Marina4.512.6 mi
- Salty Sam's Marina4.59.4 mi
- Jug Creek Marina & Fish House4.617.8 mi
- Smugglers Cove Adventure Golf4.79.8 mi
- Gulf Harbour Yacht & Country Club4.611.2 mi
- Cape Royal Golf Club4.312.7 mi
- Palmetto-Pine Country Club4.113 mi
- Shell Point Golf Club4.47.7 mi
- Publix Super Market at Fort Myers Beach4.510.9 mi
- Publix Super Market at Cape Coral Landings4.610.8 mi
- Publix Super Market at Sanibel Beach Place4.68.1 mi
- Jerry's Foods4.62.3 mi
- Publix Super Market at Camelot Isles Shopping Center4.69.5 mi
- Southwest Florida International Airport4.521.5 mi
- Naples Airport4.528.6 mi
- Gulf Coast Hospital Helipad4.416.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Extensive network of navigable canals providing boating access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median rent ($9,150) sat outside the 0.25–4× band around Lee County's retained level and was not stored.