Is Estero, FL 33928 a buyer’s or seller’s market?
Estero is a seller’s market. With about 3.5 months of supply and 2% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 8% of U.S. ZIP codes, and #527 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Estero housing market right now
In the three months ending August 31, 2026, 2% of homes in Estero, FL 33928 sold above their list price, the typical home went under contract in 75 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 262 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (106 days then) and the median sale price rose 3% to $519,775. Overall, Estero is more competitive than a year ago, so tougher for buyers.
Within Lee County, homes here sell faster than in 63% of the county’s ZIP codes, and sell less often over asking than in 78%. On our competition score, Estero ranks #527 of 796 FL ZIP codes with enough sales (score 15 out of 100).
Nearby, Lehigh Acres 33976 (14% sold over asking) and Lehigh Acres 33971 (14% sold over asking) are even more competitive.
Run the numbers for 33928
Nearby markets
Alva 33920Balanced $201 /sq ftBoca Grande 33921Seller’s market $1,428 /sq ftBokeelia 33922Buyer’s market $269 /sq ftBonita Springs 34134Balanced $387 /sq ft Browse all markets →Towns like Estero nearby
Find towns like Estero in other states →Where Estero is
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Questions about Estero real estate
Is Estero a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Estero, FL 33928 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Estero?
The typical home went under contract in 75 days in the latest three months.
Do homes in Estero sell over asking?
2% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Estero?
About 0.79% of a home’s value a year in Lee County, or roughly $3,160 on a $400,000 home.
What is the median home price in Estero?
The median sale price was $519,775 in the three months ending August 31, 2026, about $248 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology