Sell My House Fast in Cape Coral, Florida with an iBuyer

Cape Coral Real Estate Market Overview

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Location & Weather

Cape Coral is located in the subtropics on the Gulf of Mexico of southwest Florida. This city is in close proximity to Sanibel, Captiva, Lovers Key, and Pine Island, which is part of why it’s a sought out residential area. There are also over 400 miles of canals in Cape Coral, where boating, fishing and water sport opportunities are endless. While this is a traditionally warm city, it is cooler in the summer compared to other areas of Florida due to the consistent breeze from the Gulf.

In Cape Coral, rainy days during the summer are short-lived and winters reach lows in the 80’s.

Population, Job Market & Cost of Living

Cape Coral’s population is 209,676, with a growth rate of 2.46% annually. The job market has increased by 1.9% over the last year. In ten years, job growth is predicted to be 41.0%. This city’s mid-size city complex and palm-tree lined streets have helped create yet another Floridian city ideal for tourism and new residents. Major industries here are real estate, construction, finance, insurance, engineering, accounting, and consulting. Some of the city’s biggest employers are City of Cape Coral, Whitney Information Network Inc., The Breeze Corporation, Affordable Roofing of S W Florida Inc. and Gulf Care Inc.

Cape Coral offers waterfront living, access to some of the most beautiful beaches in Florida and promising future job growth, which is why it’s a more expensive city to live in.

Hottest Neighborhoods:

Del Prado, Pine Island, Cape Harbour, Matlacha Shores, Tarpon Pointe, Yacht Club Islands

Average Monthly Rent in Cape Coral

The average monthly rent in Cape Coral is $1,691 for an average apartment size of 1,021 sq. feet.

Change in Home Value and Median Home Value

There has been a 42.9% increase in Cape Coral’s median home value over the last year. As of 2022, the median home value is $400,000.

Days to Sell a House

On average, homes in Cape Coral sell after 57 days on the market.

Best Time to Sell a House in Cape Coral

The month of September is the best time to sell your home for the highest value. If you need to sell your home quickly, sell during April.

Affordability Index

The affordability index in Cape Coral is 106. This number indicates increased affordability in this city.

Cape Coral Public School Ranking

The top ranked public schools are North Fort Myers High School, Cape Coral High School, Oasis Charter Elementary School, Christa McAuliffe Elementary School, and Trafalgar Middle School. This information is based on key statistics, reviews from students and parents and data from the U.S. Department of Education.

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