FL · Metro #78

Cape Coral - FL housing market

The Cape Coral metro has a typical home value of $337,352, down 5.4% from a year ago. Homes are sitting 70 days on average, buyers have negotiating room. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$337,352
-5.4% vs. year ago
Median sale price
$361,820
-1.5% YoY
Median list price
$394,333
Sale-to-list ratio
95.3%
Selling below ask
Days on market
70d
Listings w/ price cut
22.3%
New listings / mo
1,557
-7.4% YoY
Homes for sale
11,185
-21.0% YoY
Typical rent
$1,864/mo
-1.7% YoY
Rent vs buy
15.1x
Context

How to read this data

The typical home value ($337,352) 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 5.4% over the past year. A home worth $356,609 last year is now worth roughly $337,352.

The median sale price, what homes actually close for, is $361,820. Homes are selling at 95.3% of list price, meaning buyers have room to negotiate.

Homes listed in Cape Coral - FL sit on the market for roughly 70 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,557 new listings hit the market each month in Cape Coral - FL. There are currently 11,185 homes for sale, down 21.0% from a year ago.

The typical monthly rent in Cape Coral - FL is $1,864, down 1.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.1x, toss-up (#146 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,734 a month in principal and interest, $130 less than renting before taxes, insurance and upkeep. The two break even at a 7.37% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in FL

MetroHome value1-yr changeDays on market
Miami - FL$477,769 -1.3% 51.0d
Tampa - FL$361,634 -2.2% 36.0d
Orlando - FL$386,867 -2.3% 35.0d
Jacksonville - FL$353,050 -0.9% 44.0d
North Port - FL$404,446 -4.4% 56.0d
Lakeland - FL$298,055 -2.7% 43.0d
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