Market Intelligence · FL / Cape Coral

Cape Coral, FL 33909 Housing Market

Cape Coral's typical home value stands at $292,143, down 3.8% over the past year. The median list price is $339,000, and homes are taking 76 days to sell as of September 2026.

Updated September 2026Median value$292K

The median home value in Cape Coral, FL 33909 is $292K as of September 2026, down 3.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 33909 range

$269K to $316K

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

-3.8% over 12 months

Sep 2025$304K

Low $292KHigh $304K

Sep 2026$292K

The numbers

What is the 33909 housing market like?

As of September 2026

Typical home value

$292K

3.8%YoY

Median list price

$339K

0.3%MoM

Days on market

2.6%MoM

Homes for sale

424

0.7%MoM

Price cuts

28.4%

7.9%MoM

New listings

108

12.9%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

33909 housing market forecast 2027

-3.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33909 to fall 3.2% by September 2027.

Over the 12 months through September 2026, typical home values in 33909 fell 3.8%, per the Zillow Home Value Index.

Will home prices drop in 33909?

Zillow's forecast says they may: it expects typical home values in 33909 to fall 3.2% by September 2027, after a 3.8% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 33909 home prices compare?

33909$292,143
Cape Coral$330,517
Florida$344,436
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Cape Coral: 6 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

Cape Coral has 424 homes for sale, with 108 new listings arriving in September 2026. Nearly 28.4% of active listings have seen price reductions, reflecting softer buyer demand. The median days on market of 76 shows properties are lingering longer than in stronger markets. For sellers, this is a buyer-favoring environment where pricing strategy and condition matter more than ever.

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Down payment20% · $58,429

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Common questions

What people ask us.

What is a typical home worth in Cape Coral 33909?

The typical home value is $292,143 as of September 2026, down 3.8% over the past year.

How long do homes take to sell in 33909?

Homes are on the market for a median of 76 days as of September 2026.

What is the median list price in Cape Coral 33909?

The median list price is $339,000 as of September 2026.

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