Cape Coral, FL metro area Housing Market

Cold Market

Comprehensive housing market data for the Cape Coral, FL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$360K

4.0% YoY

Days on Market

78 days

8.3% YoY

Active Inventory

11,217

22.4% YoY

Homes Sold

2,219

14.0% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Cape Coral, FL metro area Market Summary

The Cape Coral, FL metro area housing market is cooling down. As of March 2026, the median home sale price is $360K, down 4.0% year-over-year. Homes are spending a median of 78 days on the market, 8.3% longer than a year ago.

There are 11,217 homes for sale — 22.4% fewer than last year. With 5.1 months of supply, this is a balanced market. 2,793 new listings were added during this period, down 12.8% year-over-year.

Homes are selling for 95.8% of their list price on average, suggesting room for negotiation. 7.5% of homes sell above their asking price. 40.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

86

Contributing Factors

Months of Supply 5.1
Days on Market 78
Price Drops 40.2%
Sale-to-List Ratio 95.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 17.6%
Days on Market (National: 55) 41.8%
Inventory (National: 1,314,690) 99.1%

vs. Florida Median

Median Price (Florida: $417K) 13.7%
Days on Market (Florida: 77) 1.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 18% below the national median, which could indicate stronger cash flow potential.

Cape Coral, FL metro area Market Trends

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Detailed Market Metrics

Median List Price

$385K

Price per Sq Ft

$214

Sale-to-List Ratio

95.8%

Months of Supply

5.1

Sold Above List

7.5%

Price Drops

40.2%

New Listings

2,793

12.8% YoY

Pending Sales

2,643

Off Market in 2 Weeks

17.9%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.