The Cape Coral real estate market remains one of the hottest in the nation. In the past year, the median home price has risen by a significant amount and the number of homes sold has also increased significantly. In addition, the number of days on the market has dropped significantly, indicating that homes are selling quickly. The median home price in Cape Coral currently stands at $258,000, which is up 8.3% from the previous year. The number of homes sold in the past year also increased by 12.7%, with 3,531 homes sold. In addition, the average days on the market dropped significantly, with homes now selling in an average of 29 days. The market continues to be strong with high demand and low inventory. The average list price per square foot is also up, currently standing at $152, which is a 5.4% increase from the previous year. Overall, the real estate market remains strong and is expected to continue to be favorable for buyers and sellers alike. Cape Coral Florida real estate prices are growing steadily. The median home value in Cape Coral is currently $235,800, which is up 5.2% over the past year, and up a significant 17.7% over the past five years. This is significantly higher than the national median home value of $214,200, which has only increased 2.7% over the past year. Looking ahead, the experts at Zillow predict that the median home value in Cape Coral will rise 5.5% over the next 12 months. This is significantly higher than the national prediction of 4.1%. It appears that the real estate market is continuing on its current trajectory of steady growth.