Cape Coral, FL housing market
The typical home in the Cape Coral, FL metro area is worth $334,479, down 3.5% from a year ago.
Typical rent is $1,827 a month, down 0.1% in a year.
Builders got permits for 7,839 homes from January to August 2026, down 22.5% on the same months of 2025.
The metro area gained a net 8,603 residents from elsewhere in the U.S. in the year to July 2025.
The FHFA HPI® (all-transactions) for the Cape Coral, FL metro area is down 0.9% over the year to Q2 2026. Unemployment was 5.2% in August 2026, up 0.5 points from a year earlier. Employers had 316K payroll jobs in September 2026, up 2.1% from a year earlier.
Metro area as defined by the Census Bureau: Cape Coral-Fort Myers, FL.
Metro area · Sep 2026
The latest numbers
Typical home value
$334,479
down 3.5% past 12 mo
Median sale price
$361,667
As of Aug 2026
Typical rent
$1,827/mo
down 0.1% past 12 mo
Homes for sale
10,059
Active listings
Days to pending
64
Median, listing to contract
Permits YTD
7,839
down 22.5% vs same months last year
Population growth
+1.6%
Past year · pop. 876K
Net domestic migration
+8,603
Past year, net moves from elsewhere in the US
FHFA home prices
−0.9%
Past year · Q2 2026
FHFA, past 5 years
+27.8%
Q2 2021 to Q2 2026
Unemployment rate
5.2%
up 0.5 pts vs Aug 2025
Job growth
+2.1%
Past year · 316K jobs in Sep 2026
Typical home value, 24 months
down 13.1%Typical home value went from $384,761 in Oct 2024 to $334,479 in Sep 2026, a change of −13.1%.
Source: Data Provided by Zillow Group; U.S. Census Bureau, Building Permits Survey; U.S. Census Bureau, Population Estimates · As of Sep 2026
Source: FHFA House Price Index® (All-Transactions, not seasonally adjusted); U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics; U.S. Bureau of Labor Statistics, Current Employment Statistics
BLS figures are not seasonally adjusted; retrieved from BLS.gov Oct 27, 2026. This product uses FHFA data but is neither endorsed nor certified by FHFA. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.
Metro area · Yearly figures
Renters and movers
Fair Market Rent, 2BR
$1,961/mo
FY 2026, with utilities
Rental vacancy rate
12.3%
No significant change vs 2023 (+1.0 pts, within the margin of error)
2024 survey · ±2.4 pts
Net movers
+4,981
People on tax returns filed 2022–23
Income moving in
+$1.3B
Movers' 2022 adjusted gross income, net
- Fair Market Rent.
- HUD's rent-plus-utilities benchmark for a modest home in the Cape Coral-Fort Myers, FL MSA, set each federal fiscal year (FY 2026 covers Oct 2025 to Sep 2026). HUD uses it to set housing-voucher payment standards, and it trails the market. HUD's FY 2027 rents took effect Oct 1, 2026; they'll appear here once HUD's data service carries them.
- Rental vacancy.
- Rentals that are empty and for rent, as a share of all rentals, from the Census Bureau's 2024 American Community Survey. A survey estimate, shown with its 90% margin of error; a change smaller than the combined margins is marked not significant.
- Movers.
- People on tax returns (filers and dependents) who moved in minus those who moved out between the 2022 and 2023 filing seasons, moves within the U.S. only. Income is the movers' adjusted gross income for 2022, from returns filed in 2023. Moves between counties inside the metro area aren't counted. The Census estimate of net domestic migration above covers a different, more recent year.
Source: U.S. Department of Housing and Urban Development, Fair Market Rents; U.S. Census Bureau, "Tenure" (B25003) and "Vacancy Status" (B25004), American Community Survey 1-Year Estimates; IRS Statistics of Income, U.S. Population Migration Data
Fidelis First is not affiliated with or endorsed by the U.S. Department of Housing and Urban Development. Census files accessed Oct 27, 2026. Rental vacancy rates, their margins of error, year-over-year changes and significance tests, and per-resident figures are calculated by Fidelis First from Census Bureau data; the Census Bureau is the source of the original data only. Fidelis First is not affiliated with or endorsed by the Internal Revenue Service.
How Cape Coral, FL ranks
Each measure next to the national figure, and where Cape Coral, FL places among the 100 largest metros.
| Measure | Cape Coral, FL | U.S. | Rank among the 100 largest metros |
|---|---|---|---|
| Typical home valueZillow ZHVI | $334,479 | $366,157 | 61st of 100 |
| Home value changePast 12 months | −3.5% | +1.2% | 99th of 100 |
| Typical rentPer month, Zillow ZORI | $1,827 | $1,932 | 36th of 100 |
| Rent changePast 12 months | −0.1% | +2.7% | 99th of 100 |
| Fair Market Rent, 2BRHUD, per month with utilities | $1,961 | — (HUD sets no U.S. figure) | 20th of 100 |
| Rental vacancy rateCensus ACS; tightest ranks first | 12.3% | 5.7% | 100th of 100 |
| Days to pendingMedian; fastest ranks first | 64 days | 27 days | 99th of 100 |
| Permits per 1,000 residentsHomes authorized, year to date | 9.0 | 2.8 | 3rd of 100 |
| Permit changeSame months a year earlier | −22.5% | +0.1% | 89th of 100 |
| Population growthPast year | +1.6% | +0.5% | 9th of 100 |
| Net domestic migrationPer 1,000 residents, past year | +9.8 | — | 9th of 100 |
| Income moving inNet per resident; Fidelis First calculation from IRS and Census data | +$1,443 | — (Not applicable to the U.S.) | 2nd of 100 |
| FHFA home price changePast year, FHFA HPI® | −0.9% | +3.0% | 96th of 100 |
| FHFA, past 5 yearsFive-year change, FHFA HPI® | +27.8% | +41.3% | 86th of 100 |
| Unemployment rateNot seasonally adjusted; lowest ranks first | 5.2% | 4.3% | 87th of 100 |
| Job growthNonfarm payroll jobs, past 12 months | +2.1% | +0.3% | 6th of 100 |
Source: Data Provided by Zillow Group; U.S. Census Bureau, Building Permits Survey; U.S. Census Bureau, Population Estimates · As of Sep 2026
Source: FHFA House Price Index® (All-Transactions, not seasonally adjusted); U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics; U.S. Bureau of Labor Statistics, Current Population Survey; U.S. Bureau of Labor Statistics, Current Employment Statistics
FHFA figures are for Q2 2026. BLS unemployment is for Aug 2026 and jobs for Sep 2026, not seasonally adjusted; the U.S. figures beside them are for the same months. BLS data retrieved from BLS.gov Oct 27, 2026. This product uses FHFA data but is neither endorsed nor certified by FHFA. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.
Source: U.S. Department of Housing and Urban Development, Fair Market Rents; U.S. Census Bureau, "Tenure" (B25003) and "Vacancy Status" (B25004), American Community Survey 1-Year Estimates; IRS Statistics of Income, U.S. Population Migration Data
Fair Market Rents are HUD's for fiscal year 2026 (FY 2027 rents took effect Oct 1, 2026). Rental vacancy is from the 2024 American Community Survey. Income moving in is movers' net adjusted gross income for 2022 (IRS returns filed in 2023), divided by the latest Census population estimate (July 1, 2025); a Fidelis First calculation. Fidelis First is not affiliated with or endorsed by the U.S. Department of Housing and Urban Development. Rental vacancy rates, their margins of error, year-over-year changes and significance tests, and per-resident figures are calculated by Fidelis First from Census Bureau data; the Census Bureau is the source of the original data only. Fidelis First is not affiliated with or endorsed by the Internal Revenue Service.
Around Cape Coral, FL
Its state, then other large metros centered in Florida.
Who's raising money in Florida
Real estate offerings filed with the SEC on Form D by issuers based in Florida, Sep 27 – Oct 26, 2026.
Filings30
Total offered$1B
- Alalza Investment LLCMiami, FL · Filed Oct 26, 2026 · 506(c)$100M
- Winston NER, LLCMiami, FL · Filed Oct 23, 2026 · 506(b)$4.4M
- BEQUEST ASSET MANAGEMENT, LLCSarasota, FL · Filed Oct 22, 2026 · 506(b)$6M
- BI Credit Fund V REIT LLCMiami, FL · Filed Oct 22, 2026 · 506(c)$125K
- Westgreen Investor LLCDelray Beach, FL · Filed Oct 20, 2026 · 506(b)$2.5M
Source: SEC EDGAR, Form D
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