Cape Coral, FL
Housing Market

Cape Coral homes for sale reached 3,736 available properties this February. This represents a substantial 11% increase in inventory from last year. New listings declined to 857 homes. This 7.6% drop indicates fewer owners choose to sell. The Cape Coral real estate market currently maintains a significant 10 months of available supply. This supply level grew by 2.4 months compared to February 2024.

Cape Coral offers an appealing lifestyle with a mix of suburban tranquility and waterfront living, making it an attractive destination for retirees, second-home buyers, and families. With current home values in Cape Coral, FL dropping, it’s relatively more affordable compared to major Florida markets like Miami or Tampa. If you’re buying a home in Cape Coral right now, you’ll find that it's a strong buyer's market, with less competition and more room for negotiation. Popular areas near the waterfront, or with easy access to boating and fishing, such as the Southwest Cape Coral area, are among the best places to live. However, you may have to pay HOA fees for common areas in certain planned communities or condos. As a buyer, you should still take time to thoroughly inspect potential houses for sale in Cape Coral before you commit, and even request seller concessions given the slower market.