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Sarah Mitchell

CNESRESABR

Compass Real Estate · Estero, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Estero, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Estero, FL Housing Market

Leaning buyer's-3.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Estero, FL is worth $485,717, fell 3.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $463,750, -6.3% year over year (through May 2026). With 3.5 months of supply and homes going under contract in about 68 days, Estero is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $485,717 home is about $2,593/mo in principal and interest.

Key numbers for Estero, FL

Typical home value

$485,717

-3.9% in 12 months

Zillow, August 2026

Typical asking rent

$2,529/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$463,750

-6.3% year over year

Redfin, through May 2026

Days on market

68

Slow-moving

Redfin, through May 2026

Active listings

433

3.5 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$100,459

Home costs 4.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

95.7%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Estero a buyer's or seller's market?

Leaning buyer's3.5 months of supply68 days on market95.7% of asking

Estero, FL is a leaning buyer's, based on 3.5 months of supply and homes selling in about 68 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Estero housing market data show?

Every row below is Redfin's final published month for Estero, FL. Redfin, through May 2026

Housing market statistics for Estero, FL, Redfin through May 2026
MetricValue
Median sale price$463,750
Median list price$497,000
Year-over-year price change-6.3%
Median price per sq ft$258/sq ft
Median days on market68 days
Active inventory433 listings
Months of supply3.5 months
Sale-to-list price ratio95.7%
Homes sold (that month)122
New listings (that month)92
Listings with a price cut33.7%
Market conditionLeaning buyer's

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Estero is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Estero is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Estero home prices moved?

Over the last three years the median sale price in Estero, FL fell 15.1%, from $546,500 to $463,750. The live Zillow value series has fell 3.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 33.7% of Estero listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.5 months while the sale-to-list ratio slips below its current 95.7%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Estero?

Priced off the typical home value of $485,717 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Estero, FL
Down paymentCash at closeLoan amountMonthly P&I
20%$97,143$388,574$2,593/mo
5%$24,286$461,431$3,079/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,593, that implies roughly $111,130 a year before you add taxes and insurance. The median household in Estero earns $100,459, about $10,671 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.8x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Estero in the next 12 months?

Tell us your timeline. We send the Estero market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Estero?

Typical asking rent in Estero, FL is $2,529/mo, against a typical home value of $485,717. That is a price-to-rent ratio of 16.0x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,593 a month — $64 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Estero?

Active listings in Estero, FL went from 648 in May 2025 to 433 in May 2026, a -33.2% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Estero, FL
MonthActive listingsNew listings
June 202556466
July 2025521104
August 2025507101
September 2025492104
October 2025573220
November 2025601152
December 2025589108
January 2026620199
February 2026610152
March 2026575143
April 2026513113
May 202643392

Redfin, through May 2026

How does Estero compare to Florida and the U.S.?

Estero homes sell for $463,750 — 10% above the Florida median of $421,500. Against the national median of $410,700, Estero runs 13% higher. Year-over-year, Estero moved -6.3% against Florida's +2.6% — a bigger swing than the state as a whole.

Estero, FL compared with Florida and the United States
MarketMedian sale priceYoYDays on market
Estero, FL$463,750-6.3%68 days
Florida statewide$421,500+2.6%66 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Estero

What buyers should watch

  • Months of supply, currently 3.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 33.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $486 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $485,717 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Estero listing goes under contract in 68 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 95.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Estero added 92 new listings against 122 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved -3.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Estero varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Estero

There are currently 433 homes listed for sale in Estero, Florida. The median listing price is $497K. Featured listings range from $299,900 to $1,199,000.

2 bedroom condo for sale at 3712 Pino Vista Way Unit 2 Estero 33928 - $299,900
New Listing
45
$299,900

3712 Pino Vista Way Unit 2

Estero, FL 33928

2 bd2 ba1,308 sqft$229/ft²
Condo4,160 sqft lot

Keller Williams Elite Realty

View photos & details
2 bedroom condo for sale at 21360 Lancaster Run Unit 1526 Estero 33928 - $300,000
New Listing
50
$300,000

21360 Lancaster Run Unit 1526

Estero, FL 33928

2 bd2 ba1,306 sqft$230/ft²
Condo8,041 sqft lot

Keller Williams Elite Realty

View photos & details
3 bedroom condo for sale at 8561 Evernia Ct Unit 203 Estero 34135 - $368,900
New Listing
41
$368,900

8561 Evernia Ct Unit 203

Estero, FL 34135

3 bd2 ba1,402 sqft$263/ft²
Condo6,647 sqft lot

DomainRealty.com LLC

View photos & details
2 bedroom house for sale at 19709 Hinkley Dr Estero 33928 - $395,996
New Build
20
$395,996

19709 Hinkley Dr

Estero, FL 33928

2 bd2 ba1,564 sqft$253/ft²
House
View photos & details
3 bedroom house for sale at 20623 East Golden Elm Dr Lot 70 Estero 33928 - $396,000
New Listing
25
$396,000

20623 East Golden Elm Dr Lot 70

Estero, FL 33928

3 bd2 ba1,434 sqft$276/ft²
House5,968 sqft lot

24Florida

View photos & details
4 bedroom house for sale at 19243 Gentry Pl Estero 33928 - $485,596
New Build
28
$485,596

19243 Gentry Pl

Estero, FL 33928

4 bd3 ba2,032 sqft$239/ft²
House
View photos & details
4 bedroom house for sale at 9213 Astonia Way Estero 33967 - $499,000
New Listing
49
$499,000

9213 Astonia Way

Estero, FL 33967

4 bd3 ba2,100 sqft$238/ft²
House6,665 sqft lot

Douglas Elliman Florida,LLC

View photos & details
3 bedroom house for sale at 19697 Fox Grove Dr Estero 33928 - $607,996
New Build
29
$607,996

19697 Fox Grove Dr

Estero, FL 33928

3 bd3 ba2,444 sqft$249/ft²
House
View photos & details
3 bedroom condo for sale at 20231 Burnside Pl Unit 402 Estero 33928 - $629,900
New Listing
43
$629,900

20231 Burnside Pl Unit 402

Estero, FL 33928

3 bd3 ba2,043 sqft$308/ft²
Condo

Royal Shell Real Estate, Inc.

View photos & details
3 bedroom house for sale at 9259 Springview Loop Lot 110 Estero 33928 - $670,000
New Listing
50
$670,000

9259 Springview Loop Lot 110

Estero, FL 33928

3 bd3 ba2,547 sqft$263/ft²
House10,846 sqft lot

Compass Florida, LLC

View photos & details
3 bedroom house for sale at 14441 Pine Hollow Dr Lot 177 Estero 33928 - $1,050,000
New Listing
50
$1,050,000

14441 Pine Hollow Dr Lot 177

Estero, FL 33928

3 bd3 ba2,488 sqft$422/ft²
House13,721 sqft lot

Realty One Group MVP

View photos & details
3 bedroom house for sale at 20854 Gleneagles Links Dr Estero 33928 - $1,199,000
New Listing
47
$1,199,000

20854 Gleneagles Links Dr

Estero, FL 33928

3 bd2 ba1,770 sqft$677/ft²
House7,667 sqft lot

Berkshire Hathaway FL Realty

View photos & details

Looking to buy in Estero?

Get connected with a local real estate expert — free, no obligation.

Active listings

433

Homes on market

Median list price

$497K

Avg. days on market

68

Days until sale

New this week

92

Newly listed

Price drops:33.7%of listings
Sale-to-list:95.7%

How much do homes cost in Estero by property type?

How the Estero, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Estero, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$550,000$266/sq ft5763 days
Condo / co-op$400,000$261/sq ft5791 days
Townhouse$361,000$194/sq ft824 days

Who lives in Estero?

American Community Survey estimates for Estero. U.S. Census ACS, 2023

Population

37,258

Households

18,287

Median income

$100,459/yr

Median age

65.4 years

Owner-occupied

84.2%

Median home value

$430,500

Median gross rent

$1,917/mo

Mean commute

26.3 min

84.2% of occupied homes in Estero are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $430,500 against Zillow's $485,717 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,917/mo, below Zillow's $2,529/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Estero?

2 schools tracked · 2,576 students

The largest public schools serving Estero, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

ESTERO HIGH SCHOOL

Grades 9-12 · 1,523 students

Public

PINEWOODS ELEMENTARY SCHOOL

Grades PK-5 · 1,053 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Estero, FL?

Ordered by distance from Estero, not by size. Compare Estero side by side with any of them.

Which ZIP codes are in Estero?

These are the ZIP codes we see on active Estero listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Estero housing market FAQ

Is Estero a buyer's or seller's market?

Estero, FL is currently a leaning buyer's. That read comes from 3.5 months of supply, homes going under contract in about 68 days, and sellers getting 95.7% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Estero?

The typical home in Estero, FL is worth $485,717 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $463,750, about $258 per square foot.

Is Estero cheaper than the rest of Florida?

Estero's median sale price of $463,750 is 10% higher than the Florida statewide median of $421,500, and 13% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Estero?

Homes in Estero, FL spent a median of 68 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Estero?

At the current 30-year fixed rate of 7.03%, 20% down on a $485,717 home is about $2,593 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $111,130 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $100,459.

Are home prices rising in Estero?

The typical home value in Estero, FL fell 3.9% over the last 12 months, from $505,555 to $485,717 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Estero?

Estero ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Estero?

That depends on your timeline, not on a headline. What the data says today: Estero, FL is a leaning buyer's with 3.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 16.0x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.