Home Values in Cape Coral, Florida — 2026 Market Report
Updated March 2026 | Seller's Market | +7.5% YoY
The median home value in Cape Coral, Florida is $365,000 as of March 2026, which is near the national median of $400,000. Home values in Cape Coral have increased by 7.5% over the past year and 43.6% over the last five years. With a population of 194,016 and a median household income of $56,825, the price-to-income ratio stands at 6.4x, making Cape Coral affordable for the average household.
Cape Coral Housing Market Conditions
| Metric | Cape Coral | National Avg |
|---|---|---|
| Median Home Value | $365,000 | $400,000 |
| YoY Appreciation | +7.5% | +3.8% |
| 5-Year Appreciation | +43.6% | +22.4% |
| Price per Sq Ft | $192 | $222 |
| Days on Market | 40 days | 45 days |
| Months of Supply | 1.7 | 3.5 |
| List-to-Sale Ratio | 99.9% | 98.5% |
| Monthly Homes Sold | 107 | — |
| Foreclosure Rate | 0.13% | 0.3% |
Home Value Trends in Cape Coral
A homeowner who purchased at the median price of $254,178 five years ago in Cape Coral would have gained approximately $110,822 in equity, representing a 43.6% return on investment. Over the past year alone, the typical homeowner gained $25,465 in home equity.
Affordability in Cape Coral, FL
With a median household income of $56,825 and a median home price of $365,000, the price-to-income ratio in Cape Coral is 6.4x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,775 compared to estimated monthly ownership costs of $1,996 gives a rent-vs-buy ratio of 0.72. In Cape Coral, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Cape Coral
The effective property tax rate in Florida is 0.86%. On a home valued at $365,000, the estimated annual property tax bill is $3,139, or approximately $262/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Cape Coral is 96.5 (100 = national average), indicating living costs are near the national average.
Calculate Your Mortgage Payment in Cape Coral
Use our free calculator to estimate monthly payments for a $365,000 home
Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Cape Coral, FL?
The median home value in Cape Coral, Florida is $365,000 as of March 2026. Home values have changed +7.5% over the past year, with a 5-year appreciation of 43.6%.
Is Cape Coral a buyer's or seller's market?
Cape Coral is currently a seller's market with 1.7 months of housing supply. Homes spend an average of 40 days on market, and the list-to-sale price ratio is 99.9%. Low inventory gives sellers an advantage.
Are home values going up in Cape Coral?
Yes, home values in Cape Coral have increased by 7.5% over the past year. The 5-year appreciation rate is 43.6%, meaning a home worth $254,178 five years ago is now worth $365,000.
Is it better to rent or buy in Cape Coral?
The average monthly rent in Cape Coral is $2,775, while estimated monthly homeownership costs are approximately $1,996. The price-to-rent ratio is 11. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other Florida Cities
Related Resources
Disclaimer: Home value data for Cape Coral, Florida is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.