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Sanibel, FL Real Estate


According to census data in the year 2000 there were 7,107 housing units in Sanibel. This represents a 10.7% growth from 6,422 in 1990.

Of those housing units, 5,347 were located in either urbanized areas or urban clusters, and 1,760 were located in what is classified as a rural area.

Homeownership rate in Sanibel is about 86.2%. Sanibel's vacancy rate, including seasonal lodging, is about 57.1%. Average household size is 1.98 people.

The majority of houses, apartments or condos in Sanibel were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom7.20%
Two Bedrooms48.80%
Three Bedrooms34.50%
Four Bedrooms7.80%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1983
Median Value of occupied units$392,400
Median Price asked for vacant units$475,900

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1976
Median Monthly Rent asked for vacant units$737

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.60%
Home Equity Loan8.10%
Simple Mortgage39.40%
Debt Free48.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%