Market Intelligence · FL / Cape Coral

Cape Coral, FL 33909 Housing Market

The typical home value in Cape Coral 33909 is $295,740, down 5.6% over the past year. The median list price sits at $339,900, with homes staying on market for a median of 78 days.

Updated August 2026Median value$296K

The median home value in Cape Coral, FL 33909 is $296K as of August 2026, down 5.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 33909 range

$272K to $319K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-5.6% over 12 months

Typical home value in 33909 over the last 12 months: $313K in Jul 2025 to $296K in Jul 2026 (-5.6%).

Jul 2025$313K

Jul 2026$296K

The numbers

What is the 33909 housing market like?

Typical home value

$296K

Down5.6%YoY

Median list price

$340K

Down0.8%MoM

Days on market

78

Down3.7%MoM

Homes for sale

421

Up0.7%MoM

Price cuts

26.3%

Up5.4%MoM

New listings

124

Up10.7%MoM

Sources · Zillow ZHVI (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 33909 home prices compare?

  • 33909$295,740
  • Cape Coral$333,732
  • Florida$348,100
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Cape Coral: 6 ZIPs; Florida: 923 ZIPs; United States: 26,266 ZIPs).

Context

Cape Coral 33909 shows a market under some pressure. There are 421 homes for sale as of August 2026, with 124 new listings entering the market recently. The median days on market of 78 indicates that homes are taking longer to find buyers. Meanwhile, 26.3% of listings have already had a price cut, a sign that sellers are adjusting to current demand. For homeowners considering a sale, the recent value decline suggests waiting for market conditions to stabilize may be worthwhile.

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