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Pelican Marsh, FL

Full City Profile · Florida · Lee County County

3.3 /5.0
B Good
2,513 Population 1,282/sq mi density
$136,141 Median Income $130,531 per capita
$1,087,800 Home Value $511,967 Zillow
$2,866 Median Rent 32.9% income on rent
76°F Avg Temperature 330 sunny days/yr
77 Violent Crime/100K 2,604 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$136,141 median income, 0.7% unemployment
C
Affordability
2.1 / 5.0
$1,087,800 home value, $2,866/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
A+
Education
5.0 / 5.0
75.1% bachelor's degree or higher

Housing Overview

Median Home Value
$1,087,800
286% above
US avg: $281,900
Median Rent
$2,866/mo
146% above
US avg: $1,163/mo
Homeownership Rate
93.1%
42% above US avg (65.4%)
Total Housing Units
2,240
Median year built: 1998

Home Value by Source

Census Median
$1,087,800
Zillow (ZHVI)
$511,967
Median Sale Price
$1,095,000
Median List Price
$1,337,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

93.1%
Owner-Occupied
6.9%
Renter-Occupied
93%
7%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $2,866/mo

Market Indicators (Redfin)

Median Days on Market
74 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
19
Price Drops
32.8%
of listings with price reduction
Price Per Sq Ft
$478
Active Inventory
64
homes for sale

Affordability & Housing Stock

Rent Burden
32.9%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
93.1%

Complete Housing Data

Home Values

Census Median Value$1,087,800
Zillow Home Value (ZHVI)$511,967
Median Sale Price$1,095,000
Median List Price$1,337,000
Price Per Sq Ft$478

Rent

Census Median Rent$2,866
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market74
Sale-to-List Ratio0.9%
Price Drops32.8%
Homes Sold19
Active Inventory64
Price Per Sq Ft$478

Ownership & Stock

Owner-Occupied93.1%
Renter-Occupied6.9%
Homeownership Rate93.1%
Total Housing Units2,240
Median Year Built1998
Rent Burden32.9%