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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Bonita Springs, FL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bonita Springs, FL Housing Market Trends

With a population of 56,370, 23,979 total housing units (homes and apartments), and a median house value of $594,306, real estate costs in Bonita Springs are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Florida communities.

Single-family detached homes are the single most common housing type in Bonita Springs, accounting for 45.16% of the city's housing units. Other types of housing that are prevalent in Bonita Springs include large apartment complexes or high rise apartments ( 25.08%), mobile homes or trailers ( 12.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.59%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bonita Springs. Owner-occupied housing accounts for 79.23% of Bonita Springs's homes, and 51.14% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bonita Springs built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bonita Springs built between 2000 and later ( 41.83%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.03%).

A decent proportion of the Bonita Springs housing stock is seasonally occupied. That is, homes and condos in Bonita Springs are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Bonita Springs housing market speaks to its popularity as a vacation location of choice.

Bonita Springs Home Appreciation Rates

In the last 10 years, Bonita Springs has experienced some of the highest home appreciation rates of any community in the nation. Bonita Springs real estate appreciated 163.37% over the last ten years, which is an average annual home appreciation rate of 10.17%, putting Bonita Springs in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bonita Springs definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Bonita Springs appreciation rates have trailed the rest of the nation. In the last twelve months, Bonita Springs's appreciation rate has been 1.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bonita Springs were at -2.89%, which equates to an annual appreciation rate of -11.08%.

Notably, Bonita Springs's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Florida, our data show that Bonita Springs's latest annual appreciation rate is lower than 80% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Bonita Springs differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bonita Springs - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Bonita Springs real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$594,306

Bonita Springs, FL Home Prices
> $1,449,000
$1,087,001 - $1,449,000
$724,001 - $1,087,000
$579,001 - $724,000
$435,001 - $579,000
$290,001 - $435,000
$145,001 - $290,000
$72,001 - $145,000
$0 - $72,000
9.6%
9.6%
7.4%
7.4%
19.1%
19.1%
15.3%
15.3%
16.6%
16.6%
13.6%
13.6%
10.8%
10.8%
4.8%
4.8%
2.9%
2.9%
0% 100.0%
% of Homes
High

for Florida

Very High

for nation

Number of Homes And Apartments:

23,979

Bonita Springs Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,543 / per month

Homeownership Rate

Owners
Renters
79.2%
79.2%
20.8%
20.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
36.8%
36.8%
63.2%
63.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
41.8%
41.8%
54.8%
54.8%
3.0%
3.0%
0.4%
0.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
45.2%
45.2%
8.3%
8.3%
8.6%
8.6%
25.1%
25.1%
12.4%
12.4%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
8.3%
8.3%
38.7%
38.7%
41.5%
41.5%
9.7%
9.7%
1.1%
1.1%
0% 100.0%
% of Homes