Pelican Bay, FL housing market
Homes typically sell in 88 days, below asking.
Home values, sales, trends and how Pelican Bay compares with the towns next door — updated as new data is published.
Pelican Bay at a glance
A balanced market
About 5.8 months of supply: neither buyers nor sellers have a clear edge.
Home prices up 86% in 5 years
The federal house price index for the ZIP code around Pelican Bay rose 86% over the past 5 years, faster than across Florida (60%). Last year prices fell 6%. Carrying the Census median home value forward with that index puts the typical Pelican Bay home at roughly $2,624,000 today.
Show as a table
| Year | Change that year | Since 2000 | Florida since 2000 |
|---|---|---|---|
| 2025 | −6% | +422% | +264% |
| 2024 | −0.3% | +456% | +266% |
| 2023 | +17% | +457% | +254% |
| 2022 | +40% | +378% | +226% |
| 2021 | +22% | +241% | +163% |
| 2020 | +6.9% | +181% | +128% |
| 2019 | +2.4% | +162% | +117% |
| 2018 | +6.8% | +156% | +106% |
| 2017 | +4.1% | +140% | +90% |
| 2016 | +9.7% | +131% | +76% |
| 2015 | +12% | +110% | +61% |
| 2014 | +20% | +88% | +47% |
| 2013 | +7.4% | +57% | +34% |
| 2012 | +11% | +46% | +24% |
| 2011 | −10% | +32% | +26% |
| 2010 | +0.4% | +47% | +36% |
| 2009 | −17% | +46% | +50% |
| 2008 | −25% | +76% | +83% |
| 2007 | −19% | +134% | +117% |
| 2006 | +15% | +190% | +123% |
| 2005 | +53% | +151% | +92% |
| 2004 | +15% | +64% | +51% |
| 2003 | +7.6% | +43% | +30% |
| 2002 | +13% | +33% | +20% |
| 2001 | +17% | +17% | +9.7% |
| 2000 | — | — | — |
How Pelican Bay ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 34108, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Pelican Bay and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Pelican Bay | — | −6%† | $2,350 | — | $163,520 |
| Naples | $544K | −2.5% | $1,990 | 179 | $153,182 |
| Pine Ridge | — | −6%† | $2,350 | — | $131,953 |
† FHFA price index change, where Zillow has no home value for the town.
7.9 years of income
The typical Pelican Bay home costs about 7.9 years of the town's median household income, more than across Florida (5 years).
How Pelican Bay ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,350
HUD's Fair Market Rent for a two-bedroom in Pelican Bay is $2,350 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Pelican Bay pay a median of $3,420. A two-bedroom takes about 17% of the town's median household income.
Studio $1,650 · 4 bedrooms $3,320
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (34108; Naples-Marco Island, FL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.