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Cape Coral, FL—33991

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$361,000
6.5% YoY Growth
Household Income
$82,900
25.5% YoY Growth
Days on Market
74
3.0% Shorter YoY
Home Price Forecast
-2.3%
Median Rent
$2,200
5.6% YoY Growth
1-Bed Rent
$1,400
13.0% YoY Growth
2-Bed Rent
$1,640
5.4% YoY Growth
3-Bed Rent
$2,150
7.0% YoY Growth

Other Zip Codes in Cape Coral, FL

3399033993339043390933914
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Cape Coral, FL

As of May '26, the median home price in Cape Coral, FL is $361,000, with a year-over-year change of -6.5%. This indicates that home prices in Cape Coral, FL are decreasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$361,000-6.5%
Single Family $364,000-5.9%
Condos $238,000-9.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$283,000-7.5%
    3 Bed
    		$345,000-6.0%
    4 Bed
    		$415,000-5.0%
    5 Bed $483,230-4.0%
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    % of Housing Stock

    Studio
    0.7%
    1 Bedroom
    2.3%
    2 Bedrooms
    13.1%
    3 Bedrooms
    65.8%
    4 Bedrooms
    16.8%
    5+ Bedrooms
    1.2%

    Rental Trends — Cape Coral, FL

    As of July '25, Rentcast reports the average rent in Cape Coral, FL is $2,530, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Cape Coral, FL is studios: $1,800, 1-bedrooms: $1,560, 2-bedrooms: $1,940, 3-bedrooms: $2,520, 4-bedrooms: $2,730. The most common rental property sizes in Cape Coral, FL are 3-bedroom and 2-bedroom, accounting for 58.6% and 20.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,200$2,530
    Studio Rent $1,800$1,800
    1 Bed Rent $1,400$1,560
    2 Bed Rent $1,640$1,940
    3 Bed Rent $2,150$2,520
    4 Bed Rent $2,400$2,730
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    % of Rental Stock

    1 Bedroom
    9.7%
    2 Bedrooms
    20.4%
    3 Bedrooms
    58.6%
    4 Bedrooms
    10.7%
    5+ Bedrooms
    0.6%

    Property Listings — Cape Coral, FL

    As of May '26, Realtor.com reports that the median days on market for a home in Cape Coral, FL is 74. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$498,000-1.0%
    Listing Count
    		427-12.0%
    Listings as % of Homes2.5%-12.0%
    Days on Market
    		74-3.0%
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    Demographics — Cape Coral, FL

    As of the latest ACS Survey released in 2023, Cape Coral, FL has a population of 26,000, which has increased by 16.3% over the past 5 years. Cape Coral, FL is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		26,00016.3%
    % Under 18
    		20.3%-17.1%
    % Seniors
    		24.6%30.2%
    % WFH
    		13.6%58.1%
    % w/ College Degree
    		24.6%-18.8%
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    As of the latest ACS Survey released in 2023, Cape Coral, FL is a predominantly white area, with 70.9% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Cape Coral, FL is hispanic, making up 19.6% of the population. Foreign-born residents account for 13.3% of the population in Cape Coral, FL, and this percentage has decreased by 6.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		70.9%-4.7%
    % Black
    		3.6%-5.3%
    % Hispanic
    		19.6%2.6%
    % Asian
    		1.0%-9.1%
    % Foreign Born
    		13.3%-6.3%
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    Mortgage and Risk — Cape Coral, FL

    According to HUD data as of 2023, there were 963 mortgage originations in Cape Coral, FL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Cape Coral, FL. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		963
    % Conventional Loans
    		75.0%
    % Government Loans
    		25.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		6.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Cape Coral, FL

    As of 2024, the percent of homes in Cape Coral, FL under the Section 8 program is 0.6%. 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. In Cape Coral, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		13
    Total Units Section 8
    		13
    % Rentals under Section 8
    		0.6%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$540$1,400$1,940
    2 Bedroom$760$1,640$2,400
    3 Bedroom$1,000$2,150$3,150
    4 Bedroom$1,100$2,400$3,500

    Affordability — Cape Coral, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.3
    Median Home Price$361,000
    Median Household Income$82,900

    Cape Coral, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Cape Coral, FL

    33993

    Cape Coral, FL

    33914

    Cape Coral, FL

    33990

    Cape Coral, FL

    33904

    Cape Coral, FL

    33909

    Frequently Asked Questions