Home prices
Sanibel's median home price is $721,200. This is about $427,000 (145%) higher compared to its nearby areas.Compared to the rest of the nation it is roughly $503,700 (231%) higher, and compared to the city of Cape Coral it is approximately $491,800 (214%) higher.
Rents
The median rent in Sanibel is $1,545 per month. In comparison to its surrounding areas it is is very similar.In comparison to the entire nation it is about $483 (45%) higher, and is roughly $301 (24%) higher compared to the city of Cape Coral.
Nearby places
Punta Rassa
Punta Rassa is approximately 6 miles northeast from Sanibel. The housing prices there are substantially less expensive. Punta Rassa's median home cost is $440,500, which is $280,700 (63%) lower than Sanibel. Its rents are significantly more expensive. The median monthly rent in Punta Rassa is $3,015, which is $1,470 (48%) higher than Sanibel.
St. James City
St. James City is roughly 7 miles north from Sanibel. Its housing prices are substantially less expensive. The median home in St. James City costs $230,800, which comes out to $490,400 (212%) lower than Sanibel. Rents there are a bit less expensive. In St. James City the median monthly rent is $1,176, which comes out to $369 (31%) lower than Sanibel.
Iona
Iona is approximately 9 miles northeast of Sanibel. The real estate prices there are a lot less expensive. The median home price in Iona is $246,100, which comes out to $475,100 (193%) lower than Sanibel. Rents there are a little less expensive. Iona's median rent is $1,376 per month, which is $169 (12%) lower than Sanibel.
Fort Myers Beach
Fort Myers Beach is roughly 10 miles east from Sanibel. Its housing prices are substantially less expensive. Fort Myers Beach's median home value is $448,100, which is $273,100 (60%) lower than Sanibel. Rent there is significantly less expensive. In Fort Myers Beach the median rent is $1,155 per month, which comes out to $390 (33%) lower than Sanibel.
Harlem Heights
Harlem Heights is roughly 10 miles northeast from Sanibel. The real estate prices there are a lot less expensive. The median home cost in Harlem Heights is $105,500, which comes out to $615,700 (583%) lower than Sanibel. Its rents are substantially less expensive. In Harlem Heights the median monthly rent is $997, which works out to $548 (54%) lower than Sanibel.
