Cape Coral, FL—33914
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cape Coral, FL
As of Oct '25, the median home price in Cape Coral, FL is $419,000, with a year-over-year change of -11.1%. This indicates that home prices in Cape Coral, FL are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $419,000 | -11.1% |
| Single Family | $430,000 | -11.3% |
| Condos | $227,000 | -16.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $211,000 | -16.6% |
3 Bed | $415,000 | -11.5% |
4 Bed | $513,000 | -10.2% |
| 5 Bed | $822,000 | -9.2% |
% of Housing Stock
Rental Trends — Cape Coral, FL
As of July '25, Rentcast reports the average rent in Cape Coral, FL is $2,880, with a year-over-year rent change of -4.6%. Per bedroom, the median rent as of July '25 in Cape Coral, FL is 1-bedrooms: $1,240, 2-bedrooms: $1,920, 3-bedrooms: $3,220, 4-bedrooms: $3,770. The most common rental property sizes in Cape Coral, FL are 3-bedroom and 2-bedroom, accounting for 51.8% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,240 |
| 2 Bed Rent | $1,650 | $1,920 |
| 3 Bed Rent | $2,240 | $3,220 |
| 4 Bed Rent | $2,850 | $3,770 |
% of Rental Stock
Property Listings — Cape Coral, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Cape Coral, FL is 92. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $589,000 | -1.0% |
Listing Count | 815 | -1.0% |
| Listings as % of Homes | 2.0% | -1.0% |
Days on Market | 92 | 12.0% |
Demographics — Cape Coral, FL
As of the latest ACS Survey released in 2023, Cape Coral, FL has a population of 44,400, which has increased by 18.9% over the past 5 years. Cape Coral, FL is a less popular place for families, as children make up 13.2% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,400 | 18.9% |
% Under 18 | 13.2% | -15.4% |
% Seniors | 30.4% | 21.6% |
% WFH | 15.6% | 102.6% |
% w/ College Degree | 28.5% | 2.5% |
As of the latest ACS Survey released in 2023, Cape Coral, FL is a predominantly white area, with 72.2% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Cape Coral, FL is hispanic, making up 19.8% of the population. Foreign-born residents account for 17.3% of the population in Cape Coral, FL, and this percentage has increased by 26.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.2% | -8.1% |
% Black | 4.7% | 4.4% |
% Hispanic | 19.8% | 61.0% |
% Asian | 0.4% | -85.2% |
% Foreign Born | 17.3% | 26.3% |
Mortgage and Risk — Cape Coral, FL
According to HUD data as of 2023, there were 527 mortgage originations in Cape Coral, FL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Cape Coral, FL. Investor activity is low, as 7.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 527 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 7.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Cape Coral, FL
As of 2024, the percent of homes in Cape Coral, FL under the Section 8 program is 1.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Cape Coral, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 96 |
Total Units Section 8 | 72 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | 71.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,250 | $1,560 |
| 2 Bedroom | $280 | $1,650 | $1,930 |
| 3 Bedroom | $300 | $2,240 | $2,540 |
| 4 Bedroom | -$30 | $2,850 | $2,820 |
Affordability — Cape Coral, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $419,000 |
| Median Household Income | $75,600 |