CENTURY 21 Edge

Homes for sale inCape Coral, Florida

Canal-front living on Florida's Gulf Coast

234

Homes for sale

$419,900

Median list price

$272

Avg price / sqft

45

Median days on market

Cape Coral was built around water — more than 400 miles of canals thread through the city, and that defines daily life here, from boats tied up behind the house to sunset views off the lanai. It's a sprawling, car-friendly place in Lee County that draws boaters, retirees, families and remote workers in roughly equal measure, with waterfront homes and pool houses that would cost far more on the barrier islands. The character is laid-back and suburban rather than dense or walkable, which suits buyers who want space and a backyard on the water.

For buyers today, the market has loosened up. There are 230 active listings against a median list price of $419,900, homes are taking a median of 45 days to sell, and sellers are netting about 97% of asking — so there's room to negotiate, especially on the 61 new construction homes and anything that's just reduced. With 106 homes with a pool and plenty of inventory in the mid-$400s, this is one of the more approachable waterfront markets on the Gulf Coast.

Cape Coral is in Lee County, Florida.

Quick facts

$100,000 – $6.8M price range

1,834 sqft median home

$2,125/mo median rent

Leans seller right now

Living in Cape Coral

Cape Coral was master-planned in the late 1950s as a waterfront community, and that origin story still shapes everything about it. The city was carved into a grid of canals — more than 400 miles of them — so a huge share of homes sit on water, many with direct or sailboat access toward the Gulf. The result is a sprawling, low-density city where life revolves around boats, pools and backyards rather than a traditional downtown.

The pace here is relaxed and suburban. This is a place for people who want space, a car in the driveway and a dock or screened lanai out back, not walkable nightlife. It draws a mix of retirees, families and remote workers, and the warm climate and water access keep seasonal residents coming back each winter.

Cape Coral suits buyers who prioritize a private, outdoor-centered lifestyle and value for money on the water. If your ideal weekend involves a boat ride, a dip in the pool and a quiet street, it delivers. Buyers who need density, transit or a compact walkable core will find it spread out and dependent on driving.

Neighborhoods and communities in Cape Coral

Because the city is so large, where you buy matters a great deal. Cape Harbour is one of the most recognized waterfront destinations, known for its marina setting and Gulf-access canals. Bimini Basin sits closer to the older southern part of the city and its network of central waterways.

Planned and gated communities give buyers a different feel. Entrada, Stonewater, Bella Vida and Savona offer newer homes and amenity-driven living, often with HOA dues attached. Stonewater and Entrada in particular appeal to buyers who want a maintained, community setting rather than a standalone canal lot.

On the other end of the spectrum, areas like Gator Circle and Cornwallis offer a more established, lower-key character. Gated options are limited overall — only 11 of the 230 active listings are in gated communities — so most buyers here are choosing between non-HOA canal homes and newer planned developments.

Homes for sale in Cape Coral: prices and housing

The current market shows 230 active listings with a median list price of $419,900 and an average of about $271 per square foot. Prices run from $100,000 at the entry level up to $6,800,000 for the top waterfront estates, and the median home measures around 1,837 square feet. Over the past 12 months, 532 homes have sold at a median of $390,000, with sellers receiving about 97% of asking on average.

The housing mix is overwhelmingly single-family: 212 of the active listings are single-family homes, with just 14 condominiums, a couple of duplex halves and a single townhouse rounding out the rest. If you want a condo or townhomes & condos, inventory is thin and worth moving on quickly. The water and pool segments are the heart of the market — 68 waterfront and 106 pool listings — alongside 61 new-construction homes and 21 listings priced above $1 million.

On carrying costs, many Cape Coral homes carry no HOA, but where dues apply the median is about $414 per month, typically in newer gated or amenity communities. Median property tax runs around $4,633 per year. With homes sitting a median of 45 days on market, buyers have time to compare and negotiate rather than rushing a decision.

Schools in Cape Coral

Cape Coral is served by the Lee County school district, and because the city is so large, school assignments vary significantly by address. Among the most commonly assigned schools are Diplomat Middle School, Mariner Middle School and Caloosa Middle School at the middle level.

At the high school level, buyers are often zoned to Mariner High School, Ida S. Baker High School, or North Fort Myers High School depending on where in the city they are.

Since zoning depends on your exact street and can change, always confirm the assigned schools for a specific home directly with the Lee County school district before making an offer. Don't rely on a listing's school names alone — verify the current attendance zone for the address you're considering.

Getting around Cape Coral

Cape Coral is a driving city. Its canal-grid layout spreads homes across a wide area, so a car is essential for daily errands, and most neighborhoods are not walkable in the traditional sense. Major corridors like Pine Island Road, Del Prado Boulevard and Santa Barbara Boulevard carry much of the city's traffic.

The city connects to Fort Myers and the wider region via bridges across the Caloosahatchee River, which is the main consideration for commuters heading east. Water access is itself a form of transportation here — boaters can reach the Gulf from Gulf-access canals, which is part of the appeal for waterfront buyers.

Because specific drive times vary by neighborhood and we don't have verified figures to quote, plan to test your own commute during the hours you'd actually travel. Traffic across the river bridges is the single biggest factor for most buyers weighing a daily trip into Fort Myers.

Is Cape Coral a good place to live?

For the right buyer, Cape Coral offers something hard to find elsewhere on the Gulf Coast: genuine waterfront and pool living at attainable prices. With a median list of $419,900, 68 waterfront and 106 pool listings available, and a strong new-construction pipeline of 61 homes, there's real choice and value here. The current balance — 45 days on market and sellers at 97% of asking — also means buyers have negotiating room.

The trade-offs are real. The city is sprawling and car-dependent, condo and townhome inventory is minimal, and commuters crossing the river into Fort Myers should budget time for bridge traffic. Gated options are limited, and where HOAs do apply the median of about $414 per month plus roughly $4,633 in annual property taxes should be factored into your budget.

If your priorities are a boat, a pool and space on the water in a quiet suburban setting, Cape Coral is a strong, value-driven choice. If you need walkability, transit or a dense urban core, it won't be the right fit. Browse the new construction and waterfront homes to get a feel for what your budget buys before committing.

Fresh on the market

Newest homes in Cape Coral

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227 of 234 active listings shown

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Most popular Cape Coral searches

The numbers that matter

The Cape Coral market

Leans seller

4.9 months of inventory

Seller’s marketBuyer’s market

Demand still outpaces supply, but buyers have a little more room.

532

Sold, last 12 months

$390,400

Median sold price

97%

Sale-to-list ratio

What sellers actually get vs asking

44 days

Median time to sell

Cape Coral vs Lee County

Median list price

Cape Coral$420K
Lee Co.$384K

Price per sqft

Cape Coral$272
Lee Co.$325

Days on market

Cape Coral45d
Lee Co.54d

Median sold price — 3-yr, 3-mo rolling

▲ 9.0% yr/yr

$345K$403K$460KNov ’23Oct ’26

Homes on the market

▼ 13.8% yr/yr

242325408Nov ’23Oct ’26

Homes sold per month

03264Nov ’24Oct ’26

Live Stellar MLS data — listings and closed sales in Cape Coral, FL. Rolling medians smooth single-month swings in thin markets.

Where to look

Cape Coral neighborhoods

Show all 36 Cape Coral neighborhoods A–Z+

Neighborhood boundaries by edgeAI — listings matched to the actual polygon, not agent-entered subdivision names.

For the school run

School zones with homes for sale

Homes matched to official attendance boundaries — always verify zoning with the district.

Beyond the listings

Living in Cape Coral

01

Canals and boating lifestyle

Of 230 active listings, 68 are waterfront — many on sailboat or Gulf-access canals that let you keep a boat behind the house.

02

Pools are the norm, not the exception

106 of the current listings include a private pool, reflecting how central outdoor living is to the Cape Coral house.

03

Strong new-construction pipeline

61 new-construction homes are on the market, giving buyers a real alternative to resale and room to negotiate.

04

Negotiable, balanced market

Homes sit a median of 45 days and sellers get about 97% of asking, so buyers have leverage they didn't have a few years ago.

05

Attainable waterfront pricing

At a $419,900 median list and $271 per square foot, canal-front and pool homes here cost far less than on the nearby islands.

Population

206,387

Median age

48.7

Median income

$76,062

Median home value

$339,200

What people here are into

Attitudes

Top 23% in the U.S.

Deal Seekers

These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.

Food & Drink

Top 23% in the U.S.

Fueling for Fitness

A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.

Lifestyles

Top 24% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Appearance oriented

Trend Trackers

This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.

Appearance oriented

Body Art

Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.

Entertainment

Party Life

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

What it really costs

Owning here

Owning the median Cape Coral home

≈ $3,231/mo

Principal & interest $2,212
Property tax $389
HOA / fees $420
Insurance (est.) $210

$419,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

49%

In a FEMA flood zone

Ask about flood insurance early — it changes the payment

$2,125/mo

Median rent

18 homes for rent right now

Straight answers

Cape Coral real estate FAQs

Is Cape Coral a good place to live?+

It suits buyers who want a quiet, spacious, water-oriented lifestyle with a boat or pool rather than urban walkability. The 400-plus miles of canals and the high share of pool homes — 106 of 230 active listings — are the main draw, and the city's suburban layout means most errands happen by car. If you value a backyard on the water over nightlife and density, it's a strong fit.

Is Cape Coral expensive?+

It's moderate for Gulf Coast waterfront. The median list price is $419,900 and the average is about $271 per square foot, with sold prices over the past year running a median of $390,000. You can also browse by price at the lower end, while 21 active listings sit above $1 million for buyers at the top of the range.

What do homes cost in Cape Coral?+

Active listings span from $100,000 to $6,800,000, with a median list of $419,900 and a median home size of 1,837 square feet. Over the last 12 months, 532 homes sold at a median of $390,000. Most of what's for sale is single-family homes — 212 of the 230 active listings.

How is the Cape Coral housing market right now?+

It's balanced and gives buyers some leverage. Homes are taking a median of 45 days to sell and sellers are getting about 97% of asking on average, so reasonable offers and price negotiation are realistic. Keep an eye on listings that are just reduced, where the gap between list and sale is often widest.

What are HOA fees and property taxes like?+

Many Cape Coral homes are non-HOA, but where fees apply the median runs about $414 per month, typically in gated or amenity communities. Median property tax is around $4,633 per year. Budget carefully in gated communities, where dues can add meaningfully to monthly costs.

What schools serve Cape Coral?+

Cape Coral is part of the Lee County school district, and assigned schools vary by address — commonly Diplomat Middle, Mariner Middle, Caloosa Middle, Mariner High, Ida S. Baker High, and North Fort Myers High for some neighborhoods. Because zoning depends on your exact location, confirm the assigned schools for any specific home with the district before you buy.

Is there new construction in Cape Coral?+

Yes — 61 of the 230 active listings are new construction, one of the larger new-build shares you'll find on the Gulf Coast. Builders are active across the city, including planned communities, so you can often negotiate on incentives. Start with the new construction listings to compare.

Can I buy a waterfront or pool home here?+

Absolutely — this is Cape Coral's specialty. There are 68 waterfront listings and 106 with a pool among the current 230 active homes, and many combine the two. Browse the waterfront homes or homes with water views to see the Gulf-access and canal options.

Keep exploring

Nearby areas

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.

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