Cape Coral - FL housing market
The Cape Coral metro has a typical home value of $339,372, down 7.3% from a year ago. Homes are sitting 66 days on average - buyers have negotiating room. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($339,372) is the Zillow Home Value Index for the Cape Coral - FL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 7.3% over the past year. A home worth $366,097 last year is now worth roughly $339,372.
The median sale price , what homes actually close for , is $364,535. Homes are selling at 95.1% of list price, meaning buyers have room to negotiate.
Homes listed in Cape Coral - FL sit on the market for roughly 66 days before going pending. Shorter = seller's market; longer = buyer's market.
About 26.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,985 new listings hit the market each month in Cape Coral - FL. There are currently 12,784 homes for sale, down 20.1% from a year ago.
The typical monthly rent in Cape Coral - FL is $1,881, down 2.8% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in FL
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Miami - FL | $475,622 | -2.9% | 52.0d |
| Tampa - FL | $360,738 | -3.4% | 34.0d |
| Orlando - FL | $387,733 | -3.1% | 33.0d |
| Jacksonville - FL | $352,994 | -1.7% | 43.0d |
| North Port - FL | $403,601 | -6.2% | 50.0d |
| Lakeland - FL | $298,816 | -3.2% | 44.0d |