Cape Coral, FL housing market

The median sale price in Cape Coral, FL was $380K in Sep 2026, up 6.4% year over year, measured across homes that actually closed that month (Redfin). The three months through Sep 2026 averaged $380K, firming from $363K across the three months before that. That puts prices 12.0% below the strongest three-month stretch on record here, which ended in Jul 2022 at $432K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $335K for Sep 2026, down 2.9% year over year.

Buyers had 2,521 homes to choose from in Sep 2026, down 9.6% year over year (Redfin). At the current sales pace that standing inventory works out to 4.9 months of supply; convention treats four to six months as a balanced market, which puts Cape Coral, FL squarely inside it. 1,955 homes came to market in Sep 2026, up 8.5% year over year, against 1,567 closings, up 6.8% year over year. Homes that sold in Sep 2026 took a median of 68 days to go under contract, 6 days slower than this market's usual Sep pace.

Competition is measurable in the closings themselves: 7% settled above their original asking price, and the average sale landed at 97% of its final list price.

This page tracks 9 monthly housing series for Cape Coral, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Nov 2016 through Sep 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.