Market Intelligence · FL / Cape Coral

Cape Coral, FL 33991 Housing Market

The typical home in Cape Coral, FL 33991 is worth $357,634, down 1.9% over the past year. The median list price stands at $476,950, with homes taking a median of 81 days to sell as of September 2026.

Updated September 2026Median value$358K

The median home value in Cape Coral, FL 33991 is $358K as of September 2026, down 1.9% 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 33991 range

$329K to $386K

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

-1.9% over 12 months

Sep 2025$365K

Low $356KHigh $365K

Sep 2026$358K

The numbers

What is the 33991 housing market like?

As of September 2026

Typical home value

$358K

1.9%YoY

Median list price

$477K

1.5%MoM

Days on market

0.0%MoM

Homes for sale

289

3.6%MoM

Price cuts

20.2%

26.6%MoM

New listings

4.8%MoM

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

The outlook

33991 housing market forecast 2027

-3.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33991 to fall 3.0% by September 2027.

Over the 12 months through September 2026, typical home values in 33991 fell 1.9%, per the Zillow Home Value Index.

Will home prices drop in 33991?

Zillow's forecast says they may: it expects typical home values in 33991 to fall 3.0% by September 2027, after a 1.9% 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 33991 home prices compare?

33991$357,634
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's 33991 ZIP code has 289 homes for sale with 88 new listings arriving in September 2026. The median days on market of 81 suggests moderate competition and steady buyer interest. However, one in five listings, or 20.2%, have seen price reductions, indicating seller adjustments to market conditions. The gap between median list price and typical home value reflects the range of properties available. For sellers, this environment requires realistic pricing to move homes efficiently.

Monthly payment

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Home price

Down payment20% · $71,527

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Common questions

What people ask us.

What is the typical home value in Cape Coral, FL 33991?

The typical home value is $357,634 as of September 2026, down 1.9% over the past year.

How long do homes take to sell in this ZIP code?

The median days on market is 81 as of September 2026.

How many homes are currently for sale?

There are 289 homes for sale as of September 2026, with 88 new listings added that month.

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