Housing in Sanibel, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$880,000

Median List Price

$1,247,000

Price Per Sq Ft

$526

Days on Market

93

Active Inventory

395

Months of Supply

20.8

Buyer's market

Zillow Home Value

$789,176

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 12.0%List Price 16.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.5%

Off Market in 2 Weeks

14.9%

Sale-to-List Ratio

93.1%

Buyer's market

Sold Above Asking
10.5%
Under Contract in 2 Wks
14.9%
Listings with Price Drops
20.3%

Market Activity

Source: Redfin

Homes Sold

19

New Listings

76

Pending Sales

47

Homes Sold 42.4%New Listings 35.7%Pending 14.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$526

Median List $/SF

$638

Sale $/SF 3.8%List $/SF 15.2%Mar 24Jan 26

Sanibel vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Sanibel is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$912,200

Median Rent

$747

Total Housing Units

8,525

Vacancy Rate

61.2%

Owner Occupied

91.6%

Renter Occupied

8.4%

Median Property Tax

$8,351

per year

Monthly Cost (w/ Mortgage)

$2,316

Housing Types

Single Family
57.9%
Multi-Family
39.0%
Mobile Home
3.1%

The current median sale price in Sanibel, FL is $880,000 according to Redfin data. Homes spend a median of 93 days on the market. 10.5% of homes sold above asking price. The market has 20.8 months of supply. The median price per square foot is $526. The median rent is $747 per month (Census ACS). About 91.6% of housing units are owner-occupied. The median year homes were built is 1983. There are 8,525 total housing units.