Homes Under $400K in Sanibel, FL

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Listing data & MLS disclosures

Florida Gulf Coast Multiple Listing Service: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Florida Gulf Coast MLS/Royal Palm Coast Realtor Association(SWFLMLS): IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing information ©2026 Florida Gulf Coast MLS®, Inc®. All Rights Reserved. Last Updated: 2026-10-07 13:19:19 UTC
NY State MLS: The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Realty.com, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Realty.com shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright © 2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

Sanibel housing market

October 2026 · This period is still settling

Selling at 93.6% of asking price

Buyers here are paying below asking. MLS · 23 sales · as of Oct 30, 2026

Homes that sold · County records, as of Oct 22, 2026

Median sale price: $1,162,500$537,500–$1,417,875 typical range
Price per sq. ft.: $368
Sales: 18
Paid in cash: 44.4%

Homes on the market · MLS, as of Oct 18, 2026

Median list price: $988,500
Homes for sale: 239

Price trend · Assessor repeat sales, as of Oct 31, 2026

Year-over-year: 93.8%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026

Median home size: 2,223 sq. ft.

Sanibel, FL community profile

Population: 7,282
Median income: $119,835
Housing units: 7,914
People per sq. mi.: 209.3
Area: 34.8 sq. mi.

Source: HJN community data

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Listing data & MLS disclosures

Sanibel housing market

Homes that sold · County records, as of Oct 22, 2026

Homes on the market · MLS, as of Oct 18, 2026

Price trend · Assessor repeat sales, as of Oct 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026

Sanibel, FL community profile

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Listing data & MLS disclosures

Sanibel, FL community profile

Sanibel housing market

Homes that sold · County records, as of Oct 22, 2026

Homes on the market · MLS, as of Oct 18, 2026

Price trend · Assessor repeat sales, as of Oct 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026