Tampa homes are taking longer to sell than they did last year.

Cape Coral, FL housing market
The Cape Coral housing market is pretty competitive. The median home sales price in January 2025 has decreased in the past 3 months to $365,000. That’s down 11.2% and $45,950 lower than January 2024 of last year. That is lower than the Florida state median home sales price of $410,600. Homes typically sell after 59 days on market, which is faster than the state average and lower than 62 days in January 2024 a year prior.
Housing market overview for
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How much do homes in Cape Coral, FL cost?
The median home price in Cape Coral was $365,000 in January 2025, down 11.2% from last year.
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How many homes are available in Cape Coral, FL?
The real estate market in Cape Coral had 3,773 homes for sale in January and is up from 3311 homes for sale the month prior and up from 3,012 homes in January 2024.
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How many homes are sold in Cape Coral, FL?
There were 307 homes sold in January 2025, trending down from 318 homes sold a year ago.
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How long does it take to sell a home in Cape Coral, FL?
Homes in Cape Coral are staying on the market for 59 days. That’s 3 days faster than the median in January 2024, which means that the market is more competitive today.
Is it a buyer’s or seller’s market in Cape Coral, FL?
It is considered a buyer’s market right now. Housing inventory is up since last year, which means supply is less constrained. Mortgage rates are 6.8%, making the average house payment $2,752, which is $18 higher than a year before.
Total months of housing supply available for sale is 12.3 months, up 24.2% from 9.9 month(s) in January 2024.
Months of Supply
The Months of Supply housing metric is an estimate of how long it would take to sell all the homes for sale relative to the number of homes sold each month. Historically, 5 to 6 months is the average. You may also hear this metric referred to as the "absorption rate."
Lower months of housing supply typically signal a seller’s market whereas when months of supply is greater than 6 months typically signal a buyer’s market.
Sales to Listing Ratio
Sales to Listing Ratios are an indicator of supply and demand. It is all the completed sales in the past month divided by the total number of active listings.
In a balanced real estate market, the total number of home sales to active listings ratio is between 0.12 and 0.2 while markets with a ratio higher than 0.2 favors seller’s, as homes are selling fast and there is limited inventory, while markets below 0.12 favor home buyers because there is a larger supply of homes to purchase.
Selling a house in Cape Coral, FL
Home values have decreased by 11% since last year, and the number of days it takes to sell a home has decreased from 62 days in January 2024 to 59 days in January 2025.
The best time to sell your home in Cape Coral is in January, when homes sell fastest and for the most money.
Sellers typically pay the commission of both the listing and buyer’s agents, which typically total 5-6% of the home sale price. That’s $21,900 paid in commission to the real estate agents. You’d also need to factor in closing costs, plus other fees and your mortgage payoff amount, to calculate the net proceeds from your home sale.
Buying a house in Cape Coral, FL
Homes in Cape Coral have a median price of $365,000, which means you’ll need $36,500 for a 10% down payment. Housing costs have decreased 11% in the past year. When you’re several months out and have your down payment saved, make sure to get pre-approved for a mortgage and find a real estate agent.
Home values are only one part of the home affordability equation. When buying a house in Cape Coral, don’t forget to also account for closing costs, which are typically 3-4% of the home cost. In addition to a down payment of $36,500 you should have $14,600 as well as budget for cash reserves, moving expenses and ongoing homeownership costs for home maintenance and repairs or HOA fees.
Cape Coral home values are 3.7% cheaper than Fort Myers and 12.5% cheaper than the state median home value.
How does the Cape Coral real estate market compare to other markets?
The Cape Coral real estate market has a median sale price of $365,000, which is 12.5% lower than the state median sale price of $410,600. Compare other markets or nearby cities, as they can vary significantly.
Cape Coral, FL | Fort Myers, FL | Florida |
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Median home sale | Median home sale | Median home sale |
$365,000 | $378,500 | $410,600 |
Days on market | Days on market | Days on market |
59 | 74 | 73 |
Monthly house payment | Monthly house payment | Monthly house payment |
$2,752 | $2,844 | $3,059 |
Cost to buy a house | Cost to buy a house | Cost to buy a house |
$51,100 | $52,990 | $57,484 |
Cost to sell a house | Cost to sell a house | Cost to sell a house |
$25,550 | $26,495 | $28,742 |
Take the next step in Cape Coral: Find an agent
Navigating the Cape Coral housing market can be tricky, but you don’t have to go it alone. When you're ready to learn more, reach out to a local Cape Coral real estate agent to get the process started. We recommend interviewing multiple candidates and coming prepared with a list of all your questions.
Cape Coral, FL housing market FAQs
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