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Sanibel, FL Home Values and Rents

The typical home value in Sanibel is $805,117, 21st highest of 768 cities and towns in Florida. Median rent is $811 a month.

Typical home value
$805,117
21st of 768 in FL
Median rent
$811/mo
ACS 2020-2024
Price change, 1 year
-0.1%
Sep 2026
Homeownership
89.9%
FL: 67.6%

Home sale prices in the Cape Coral-Fort Myers, FL area

Zillow median sale price, Sep 2026

$354,661-0.1% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Sanibel

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodSanibel
Sep 2026$805,117
Dec 2025$794,752
Dec 2024$907,721
Dec 2023$976,542
Dec 2022$1,205,178
Dec 2021$1,013,478
Dec 2020$773,902
Dec 2019$739,086
Dec 2018$743,444
Dec 2017$714,795
Dec 2016$697,827
Dec 2015$678,855
Dec 2014$627,433
Dec 2013$586,171
Dec 2012$558,437

Over five years, Sanibel prices changed -15.0%.

Source: Zillow Research · Last updated 09/01/2026

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
133957$957,300$811-15.7%+28.1%

Fair Market Rents, FY2027

HUD rent standard for Cape Coral-Fort Myers, FL MSA

FL rents
Unit sizeMonthly rentvs FY2026
Studio$1,555-4.5%
1 bedroom$1,564-4.5%
2 bedrooms$1,835-6.4%
3 bedrooms$2,373-7.3%
4 bedrooms$2,615-7.8%

Frequently asked questions

What is the typical home value in Sanibel, FL?
The typical home value in Sanibel is $805,117 (Zillow Home Value Index, Sep 2026). The Florida median is $359,000.
How much is rent in Sanibel?
The median rent in Sanibel is $811 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,835.
Are home prices going up in Sanibel?
The typical home value in Sanibel changed -0.1% over one year and -15.0% over five years, as of Sep 2026.
How does Sanibel compare with the rest of Florida?
Sanibel has the 21st highest median home value of 768 cities and towns with 1,000+ residents in Florida.
Which ZIP code in Sanibel has the highest home values?
ZIP code 33957 has the highest median home value at $957,300.