Cape Coral
Homes for Sale in Cape Coral, FL

Cape Coral market snapshot (as of September 20, 2026): the median sale price is about $380K ($221 per sq ft over the trailing 12 months of closed sales), and a median 50 days on market for closed sales. The trailing-12-month median is up 1% from the prior 12 months and up 73% since 2012, computed from record-level Florida Gulf Coast MLS closed sales (5009 closings in the current window).

In ZIP 33903 (Cape Coral), 5,719 homes closed in the last 12 months at a median of $380K ($221/sq ft), up 0.9% year over year, with a median 53 days on market. Right now 309 active and 73 pending listings — a buyer's market. See the live ZIP 33903 housing market and the Lee County market.

Florida Gulf Coast MLS sales records identify 3,154 homes in Cape Coral that have changed hands since 2004, built between 1953 and 2026 (median 2005), with a median living area of about 1,683 sq ft and a typical 3-bedroom, 2-bath layout. Source: Florida Gulf Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Flood zones in Cape Coral: of 127 listing addresses checked against the FEMA National Flood Hazard Layer, 50% sit outside the FEMA Special Flood Hazard Area (Zone X); 50% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary — verify any specific address at msc.fema.gov.

Cape Coral's current median of $375,000 reflects a market that has cooled from its faster years but still carries a 61% gain since 2012 — long-run appreciation built on a slower, steadier recent pace.

The flat year-over-year read is the headline here. After the run-up captured in the since-2012 figure, Cape Coral's pricing has stopped climbing in the short term, which is a different market than the one that produced that long-term gain. Buyers evaluating the area now are transacting in a market that has already repriced and stabilized, not one still catching up to demand.

A median 51 days on market means listings are not moving in the first week, and a heat score of 28 confirms this is not a competitive-offer environment right now. That combination gives buyers negotiating room on price and terms. For sellers, it means realistic list pricing and preparation matter more than they would in a faster market — homes priced to current conditions sell; homes priced to last cycle sit.

In a market running at a heat score of 28 with 51-day average marketing time, pricing strategy and negotiation carry more weight than in a hot market where any number works. We track the current median and per-square-foot data closely so sellers list at a number the market will actually clear, and buyers know when there is real room to negotiate versus when a listing is already priced to move.

Listings in this community report association dues of about $475 per month ($5,700 a year) — the median AssociationFee across 10 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.