Map·
·Cape Coral–Fort Myers Metro
FL

Cape Coral–Fort Myers Metro

Cape Coral–Fort Myers Metro Market Report

Top 10 ZIPs by size — 7.32% mortgage rate — Updated 10/27/2026

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Listings Flow Ladder — Cape Coral

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is fillingnet 451 listings/mo
balanced 4–6 mo5.4 mo
Faucet — new listings
2,137/mo
114% of normal (1,875) · gushing
Basin — active listings
9,039
126% of normal (7,186) · balanced
Months of supply
5.4 mo
derived — not published at this grain
Drain — closed sales
1,687/mo
101% of normal (1,668)
Net — faucet minus drain
+451/mo
filling
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 14%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 0%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 520/mofall in the monthly rate (24%)— peak 2,207/mo (2026-05-31) to 1,687/mo now
  • 2,153transactions that did not happen— summed monthly shortfall vs the same-month normal, over 17 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 33 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.

Verified county coverage:Lee County, FL

Tracked ZIPs
10
Avg Score
49
Avg Median
$360,371
Market
Buyer's
Avg Composite
49/100
Avg Median Price
$360,371
Avg Rent
$2,055/mo
Avg Burden
28.8%of income

Buyer Leverage — Should I Buy in Cape Coral?

57
Avg Buyer Score
36 ZIPs analyzed
Strong Buyer
4
Moderate
10
Balanced
16
Seller Favored
6
Strong Seller
0
Best for Buyers
33956Saint James City84
33922Bokeelia82
33920Alva72
Most Competitive
33907Fort Myers34
33903North Fort Myers34
33966Fort Myers36
33905Fort Myers37
33912Fort Myers37

MODERATE — Cape Coral has mixed conditions, pockets of opportunity

33993
Cape Coral, lee county
51
Median Price
$325,023
YoY
-3.8%
Payment Burden
24%
Buy vs Rent
Buy
Days on Market
86
Supply
5.7 mo
Rent
$2,054
Val. Gap
-33.9%
33974
Lehigh Acres, lee county
34
Median Price
$284,668
YoY
-5.1%
Payment Burden
28.5%
Buy vs Rent
Buy
Days on Market
94
Supply
5.3 mo
Rent
$1,899
Val. Gap
-63.4%
34135
Bonita Springs, lee county
47
Median Price
$456,564
YoY
-2.2%
Payment Burden
34.7%
Buy vs Rent
Buy
Days on Market
76
Supply
4.8 mo
Rent
$2,614
Val. Gap
+11.1%
33908
Fort Myers, lee county
45
Median Price
$319,110
YoY
-4.5%
Payment Burden
28.2%
Buy vs Rent
Buy
Days on Market
104
Supply
6.6 mo
Rent
$1,790
Val. Gap
+10.7%
33972
Lehigh Acres, lee county
54
Median Price
$310,059
YoY
-3.8%
Payment Burden
27.9%
Buy vs Rent
Buy
Days on Market
67
Supply
5.4 mo
Rent
$1,922
Val. Gap
-10.2%
33909
Cape Coral, lee county
62
Median Price
$292,143
YoY
-3.8%
Payment Burden
24.4%
Buy vs Rent
Buy
Days on Market
70
Supply
4.5 mo
Rent
$1,814
Val. Gap
+0.6%
33914
Cape Coral, lee county
30
Median Price
$420,552
YoY
-1.2%
Payment Burden
36.7%
Buy vs Rent
Neutral
Days on Market
72
Supply
4.6 mo
Rent
$1,969
Val. Gap
-60.1%
33971
Lehigh Acres, lee county
41
Median Price
$283,484
YoY
-4.9%
Payment Burden
25.7%
Buy vs Rent
Buy
Days on Market
78
Supply
5 mo
Rent
$1,984
Val. Gap
-52.6%
33913
Fort Myers, lee county
66
Median Price
$439,551
YoY
-2.0%
Payment Burden
27.1%
Buy vs Rent
Neutral
Days on Market
75
Supply
4.2 mo
Rent
$1,988
Val. Gap
+3.8%
33928
Estero, lee county
61
Median Price
$472,556
YoY
-2.4%
Payment Burden
31.1%
Buy vs Rent
Neutral
Days on Market
68
Supply
4.3 mo
Rent
$2,520
Val. Gap
+0.1%

Median price and 12-month change: Zillow Home Value Index (ZHVI); where a ZIP has no ZHVI value, the county assessor average. Days on market: Redfin Data Center, rolling 90 days; months of supply: Redfin Data Center. Rent: Zillow Observed Rent Index (ZORI); where a ZIP has no ZORI value, the Census ACS county rent.

Every ZIP market page in Cape Coral–Fort Myers Metro (34)