The housing market in the Cape Coral-Fort Myers, FL Metro Area is thriving. The median value of homes in the area is currently $380,000, significantly higher than the US house median value of $338,100. In addition, the one-year house appreciation rate for the area stands at 18.96%, almost double that of the US one-year house appreciation rate of 8.27%. This rapid growth in house values reflects a strong housing market and makes Cape Coral-Fort Myers an attractive option for potential home buyers.
The median home cost in Cape Coral-Fort Myers Metro Area is $380,000. Home appreciation the last 10 years has been 199.9%. Home Appreciation in Cape Coral-Fort Myers Metro Area is up 29.3%.
Average Age of Homes
- The median age of Cape Coral-Fort Myers Metro Area real estate is 25 years old
The Rental Market in Cape Coral-Fort Myers Metro Area
- Renters make up 20.3% of the Cape Coral-Fort Myers Metro Area population
- 2.1% of houses and apartments in Cape Coral-Fort Myers Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.