Condos for Sale in Pelican, Cape Coral, FL

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Pelican, FL Housing Market Overview

Pelican in Cape Coral is a buyer's market right now. Homes are selling for 95.2% of asking price and taking an average of 84 days to sell, giving you more time to compare your options, negotiate a better deal, and buy with confidence.

Status

Balanced Market

Days on Market

84

Inventory

710

Sep 2021Feb 2024Feb 2026

Median Home Price

$510,000Up 0.11%

In Feb 2026 · YoY

Sep 2021Feb 2024Feb 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
710 Down 0.27%
Newly Listed Homes
545 Down 0.15%
Months of Supply
2.3 Down 0.00%

Housing Demand

Homes Sold
305 Down 0.00%
Sale-to-List Ratio
95.2% Up 0.67%
Homes Sold Above List
5.9% Up 0.29%

30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.

View Full Pelican Market Report

Pelican Ranks #4 in Cape Coral, FL

Pelican Neighborhood

Pelican

Neighborhood in Cape Coral, FL
Homes for sale
850

Homes

Rental prices
$1,714

Rental Prices

Median Home Price
$510K

Median Home Price

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  • mls-img
    Based on information from Stellar MLS® through Oct 9, 2026, 9:45 AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
  • mls-imgIDX Logo
    Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Oct 9, 2026, 9:45 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.
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Pelican, Cape Coral, FL Housing Marketlink qauare
Homes Available icon

88

Homes Available

Median List Price icon

$ 510,000

Median List Price

Avg on Market icon

84 Days

Avg on Market

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