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Featured local agent — Cape Coral, FL
Sarah Mitchell
Compass Real Estate · Cape Coral, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cape Coral, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$369,900median sale price
How is the Cape Coral, FL housing market right now?
The median home sale price in Cape Coral, FL is $369,900, up 2.0% year-over-year. Homes sell in an average of 56 days with 2,590 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cape Coral a buyer's or seller's market?
Cape Coral, FL is currently a leaning buyer's, based on 4.8 months of supply and homes selling in about 56 days. How we determine this →
Homes sold
538
Last 12 weeks
Days on market
56
Average pace
Active listings
2,590
4.8 months supply
Sale-to-list
96.9%
Below asking
What does the Cape Coral housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $369,900 |
| Median list price | $399,900 |
| Year-over-year price change | +2.0% |
| Average days on market | 56 days |
| Active inventory | 2,590 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 96.9% |
| Median price per sq ft | $217/sq ft |
| Homes sold (latest month) | 538 |
| New listings (latest month) | 663 |
| Listings with a price cut | 35.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Cape Coral by property type?
How the Cape Coral, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $382,495 | $222/sq ft | 479 | 51 days |
| Condo / Co-op | $210,000 | $177/sq ft | 39 | 118 days |
| Townhouse | $245,990 | $135/sq ft | 11 | 70 days |
Source: Redfin · Updated monthly
The Cape Coral housing market is currently classified as a leaning buyer's with a median sale price of $369,900. Prices have risen 2.0% compared to last year, with homes spending an average of 56 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Cape Coral
There are currently 2,590 homes listed for sale in Cape Coral, Florida. The median listing price is $400K.
Active listings
2,590
Homes on market
Median list price
$400K
Avg. days on market
56
Days until sale
New this week
663
Newly listed
Who lives in Cape Coral?
Population
206,387
Median income
$76,062/yr
Median age
48.7 years
Owner-occupied
77.7%
College grads
25.7%
Avg commute
29.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Cape Coral?
Zillow home value
$337,346
Zillow rent index
$1,912/mo
Price-to-rent ratio
14.7x
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Cape Coral?
Cape Coral is a community of approximately 206K residents with a median age of 48.7 years.The median household income is $76,062, which reflects a relatively affluent area with strong earning potential. 25.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cape Coral offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cape Coral?
27 schools tracked · 26,174 students
The largest public schools serving Cape Coral, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
IDA S. BAKER HIGH SCHOOL
Grades 9-12 · 2,116 students
CAPE CORAL HIGH SCHOOL
Grades 9-12 · 1,936 students
MARINER HIGH SCHOOL
Grades 9-12 · 1,894 students
ISLAND COAST HIGH SCHOOL
Grades 9-12 · 1,418 students
GULF ELEMENTARY SCHOOL
Grades PK-5 · 1,163 students
CHALLENGER MIDDLE SCHOOL
Grades 6-8 · 1,142 students
DIPLOMAT ELEMENTARY SCHOOL
Grades PK-5 · 1,072 students
SKYLINE ELEMENTARY SCHOOL
Grades PK-5 · 1,040 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cape Coral, FL?
Want a head-to-head view? Compare Cape Coral side-by-side with any other U.S. city using our market-comparison tool.
Is Cape Coral a good real estate investment market?
For investors evaluating Cape Coral, the price-to-rent ratio of 14.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 2.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cape Coral's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cape Coral's median home price.
Frequently asked questions
What is the average home price in Cape Coral?
The median home sale price in Cape Coral is $369,900, up 2.0% from last year.
How long do homes stay on market in Cape Coral?
Homes typically spend 56 days on market before going under contract.
What is the median income in Cape Coral?
The median household income is $76,062 per year.
Is Cape Coral a buyer's or seller's market?
With 4.8 months of supply, Cape Coral is currently a leaning buyer's.
What is the Zillow home value estimate for Cape Coral?
The Zillow Home Value Index (ZHVI) for Cape Coral is $337,346, representing the typical home value in the area.
What is the median condo price in Cape Coral?
The median condo/co-op sale price in Cape Coral, FL is $210,000, compared to $382,495 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cape Coral?
The median single-family home price in Cape Coral, FL is $382,495 (about $222 per square foot).
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