Cape Coral - FL housing market
The Cape Coral metro has a typical home value of $334,479, down 3.5% from a year ago. Homes are sitting 64 days on average, buyers have negotiating room. 20% of listings have had a price cut. Data from Zillow Research, updated monthly.
Cape Coral housing market, October 2026
The typical Cape Coral home is worth $334,479 as of September 2026, down 0.1% from the prior month, down 0.4% over three months, and down 3.5% from a year ago. Over the past two years values have ranged from $334,479 to $384,761.
Homes are going pending in about 64 days, faster than the 68 days seen three months earlier. There are roughly 10,059 homes for sale, 18% fewer than a year ago. 20.5% of listings have taken a price cut (down from 24.1% three months ago).
Typical rent is $1,827 a month, down 0.3% year over year, which puts the price-to-rent ratio at 15.3.
At this week's 7.40% mortgage rate with 20% down ($66,896), the typical Cape Coral home costs about $2,271 a month including tax and insurance, which needs a household income of roughly $97,300 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($334,479) 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 3.5% over the past year. A home worth $346,610 last year is now worth roughly $334,479.
The median sale price, what homes actually close for, is $363,979. Homes are selling at 95.4% of list price, meaning buyers have room to negotiate.
Homes listed in Cape Coral - FL sit on the market for roughly 64 days before going pending. Shorter = seller's market; longer = buyer's market.
About 20.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,609 new listings hit the market each month in Cape Coral - FL. There are currently 10,059 homes for sale, down 18.3% from a year ago.
The typical monthly rent in Cape Coral - FL is $1,827, down 0.3% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.3x, toss-up (#144 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,853 a month in principal and interest, $26 more than renting before taxes, insurance and upkeep. The two break even at a 7.26% 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 October 2026. Methodology →
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Other metros in FL
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Miami - FL | $476,815 | +0.3% | 52.0d |
| Tampa - FL | $356,843 | -0.9% | 41.0d |
| Orlando - FL | $383,302 | -1.4% | 41.0d |
| Jacksonville - FL | $350,574 | -0.1% | 49.0d |
| North Port - FL | $403,540 | -2.0% | 53.0d |
| Lakeland - FL | $295,502 | -2.2% | 44.0d |