The Cape Coral housing market is somewhat competitive. Homes in Cape Coral receive 1 offers on average and sell in around 70 days. The median sale price of a home in Cape Coral was $401K last month, down 1.2% since last year. The median sale price per square foot in Cape Coral is $234, down 3.3% since last year.
What is the housing market like in Cape Coral today?
In April 2024, Cape Coral home prices were down 1.2% compared to last year, selling for a median price of $401K. On average, homes in Cape Coral sell after 70 days on the market compared to 39 days last year. There were 627 homes sold in April this year, up from 559 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$401,000
-1.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Cape Coral, FL
$401,000
-1.2%
United States
To compare other locations to the Cape Coral and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Cape Coral's median sale price is 4% lower than the national average. Overall cost of living in Cape Coral is 5% higher than the national average. Learn which home features in Cape Coral add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cape Coral housing market?
Cape Coral is somewhat competitive. Homes sell in 69 days.
0
100
31
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 69 days.
Hot homes
can sell for around list price and go pending in around 24 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Cape Coral
Explore recent offers and recently sold homes in Cape Coral
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cape Coral housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cape Coral.
Risk Factor
Flood Factor - Extreme
90% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cape Coral has an extreme risk of flooding. 80,864 properties in Cape Coral are likely to be
severely affected
by flooding over the next 30 years. This represents 90% of all properties in Cape Coral. Flood risk is increasing faster than the national average.
38% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cape Coral has a major risk of wildfire. There are 50,514 properties in Cape Coral that have some risk of being affected by wildfire over the next 30 years. This represents 38% of all properties in Cape Coral.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Cape Coral has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cape Coral is most at risk from hurricanes. 129,927 properties in Cape Coral have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 205 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 219 mph.