Home prices
The median home in Palmona Park costs $92,500. In comparison to nearby areas this is about $18,560 (16%) lower.In comparison to the rest of the nation it is approximately $125,000 (57%) lower, and compared to the city of Cape Coral is roughly $136,900 (59%) lower.
Rents
In Palmona Park the median monthly rent is $805. Compared to nearby areas it is approximately $73 (8%) lower.In comparison to the entire country it is approximately $257 (24%) lower, and is about $439 (35%) lower compared to the city of Cape Coral.
Nearby places
North Fort Myers
North Fort Myers is Palmona Park's neighbor to the northeast. The real estate prices there are a bit more expensive. The median home in North Fort Myers costs $97,900, which works out to $5,400 (5%) higher than Palmona Park. Its rents are a little more expensive. North Fort Myers's median monthly rent is $878, which works out to $73 (8%) higher than Palmona Park.
Suncoast Estates
Suncoast Estates is about 2 miles northeast from Palmona Park. Real estate prices there are significantly less expensive. The value of the median home in Suncoast Estates is $50,500, which is $42,000 (83%) lower than Palmona Park. Rents there are a little more expensive. Suncoast Estates's median rent is $859 per month, which is $54 (6%) higher than Palmona Park.
Tice
Tice is roughly 4 miles east from Palmona Park. Its real estate prices are a bit more expensive. Tice's median home value is $103,200, which comes out to $10,700 (10%) higher than Palmona Park. Rent there is a little more expensive. Tice's median monthly rent is $863, which works out to $58 (6%) higher than Palmona Park.
Fort Myers
Fort Myers is approximately 6 miles southeast from Palmona Park. Its housing prices are substantially more expensive. The median home price in Fort Myers is $238,700, which works out to $146,200 (61%) higher than Palmona Park. Rent there is a bit more expensive. The median rent in Fort Myers is $1,033 per month, which comes out to $228 (22%) higher than Palmona Park.
Page Park
Page Park is about 8 miles south from Palmona Park. The real estate prices there are significantly less expensive. The value of the median home in Page Park is $65,000, which is $27,500 (42%) lower than Palmona Park. Rents there are somewhat less expensive. Page Park's median rent is $757 a month, which is $48 (6%) lower than Palmona Park.