Is Cape Coral, FL 33990 a buyer’s or seller’s market?

The Cape Coral housing market right now

In the three months ending August 31, 2026, 10% of homes in Cape Coral, FL 33990 sold above their list price, the typical home went under contract in 49 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 170 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold faster (95 days then) and the median sale price rose 1% to $354,846. Overall, Cape Coral is more competitive than a year ago, so tougher for buyers.

Within Lee County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 88%. On our competition score, Cape Coral ranks #222 of 796 FL ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Captiva 33924 (0% sold over asking) or Bokeelia 33922 (0% sold over asking), while Lehigh Acres 33976 (14% sold over asking) and Lehigh Acres 33971 (14% sold over asking) are even more competitive.