LEE COUNTY MARKET UPDATE · APRIL 2025
Gulf-Access Prices Dip 14%: A Window for Waterfront Buyers
In April 2025, Gulf-access homes sold for a median of $690,000, down 14% from a year ago, while inland homes came in at $375,000. 1,080 single-family homes closed across our five Lee County areas, down 1% from a year earlier. With 6 to 9 months of supply, buyers have real choices, and well-priced homes are still closing at 96–98% of asking.
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Common Questions
Are home prices going up in Cape Coral?
In April 2025, the median single-family sale price in Cape Coral was $375,719, down 9.5% from $415,000 in April 2024. Gulf-access homes in Cape Coral had a median of $719,500, compared with $345,499 for inland homes.
How much more do Gulf-access homes cost in Southwest Florida?
Across Cape Coral, Fort Myers, North Fort Myers, Estero and Bonita Springs, Gulf-access single-family homes sold for a median of $690,000 in April 2025, about 1.8 times the $375,000 median for inland homes.
Is Lee County a buyer's market or a seller's market right now?
It's close to balanced. In April 2025, these areas had 6 to 9 months of supply. About 6 months is usually considered balanced, so buyers have choices and time to negotiate, but well-priced homes still sold for 95.7–97.7% of list price.
How long does it take to sell a home in Southwest Florida?
In April 2025, the median single-family home spent 84 to 105 days on the market, depending on the area. Estero was quickest and Cape Coral took the longest.
Which Lee County area is most affordable for a single-family home?
Of the areas we cover, North Fort Myers had the lowest median sale price in April 2025 at $335,500, followed by Cape Coral at $375,719.
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Source: Florida Gulf Coast MLS (FGCMLS), single-family homes. Data deemed reliable but not guaranteed. Freshwater-canal homes are included in city totals but not in the Gulf-access or inland groups.