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Foreclosure Homes in Cape Coral, FL

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Cape Coral, FL Foreclosures

How much do homes sell for in Cape Coral, FL?
The average home price is currently $513,950.
In Cape Coral, FL, how many homes are available?
There are currently 81,602 active home listings available in Cape Coral.
What’s the average rental cost in Cape Coral, FL?
The average rental price in Cape Coral is $1,796.
What is the most expensive home in Cape Coral, Florida?
The most expensive home sold in Cape Coral had a price of $23,312,400.
What is currently the cheapest priced home in Cape Coral, FL?
The cheapest home for sale in Cape Coral is priced at $26,656.

Home Value Estimator For Cape Coral, FL

There are currently 81,602 real estate properties in Cape Coral, FL, with a median automated valuation model (AVM) price of $412,497.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cape Coral, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cape Coral, FL, is $513,950.00, with the most expensive house in Cape Coral, FL, topping out at $23,312,400.00 and the cheapest home in Cape Coral, FL, clocking in at $26,656.00. In other words, there’s something for every potential homebuyer or savvy investor in Cape Coral, FL!


Rent Prices In Cape Coral, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cape Coral, FL, is on a rollercoaster ride. The average rent price in Cape Coral, FL, is $1,796.00. Indeed, when looking to rent in Cape Coral, FL, you can expect to pay as little as $690.00 or as much as $3,500.00, with the average rent median estimated to be $1,640.00. The good news is that finding an affordable and desirable property to rent in Cape Coral, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Cape Coral, FL In 2024

Cape Coral is located in Lee, Florida, with an estimated municipal population of 194,495 residents. All of the best foreclosed homes for sale in Cape Coral are located in the following zip code areas on Foreclosure.com: 33991 33990 33993 33914 33909 33904 33910 33911 33915. The estimated population per square kilometer (.62 miles) in Cape Coral is 708.


Cost Of Living In Cape Coral, FL

So, about how much do homes cost in Cape Coral? The most recent median value of resident-owned homes in Cape Coral is 229,883. An estimated 74.5 percent of households in Cape Coral own their homes, with an average family size of 3.31. The median household income in Cape Coral is 61,599, with24.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cape Coral, the median commute time of resident workers (in minutes) is 28.3. And last, but certainly not least, are you looking for homes to rent in Cape Coral? If so, the average rent price paid by renters in Cape Coral is 1,244, according to recent statistics.


Diversity And Demographics In Cape Coral, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cape Coral, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cape Coral is 46.7, split between 49.6 percent male versus 50.4 female. The percentage of residents who report being married in Cape Coral is 52, with an average family size of 3.31.

The percentage of residents who report their race in Cape Coral is as follows:

White 89.5%
Black / African American 5.2%
Asian 1.8%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 1.8%

Looking for family-friendly neighborhoods in and/or near Cape Coral? Or maybe you are searching for 55+ active adult communities in and/or near Cape Coral?

The percentage of residents who report their age in Cape Coral is as follows:

Under 10 9%
Aged 10-19 11.3%
20s 10.2%
30s 10.8%
40s 13%
50s 15%
60s 15%
70s 10.5%
80+ 5.2%

Best Schools In Cape Coral, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cape Coral with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cape Coral.


Pros And Cons Of Living In Cape Coral, Florida

How do you know that living in -- or moving to -- Cape Coral is right where you need to be? Perhaps you grew up in Cape Coral or already live nearby; therefore, the decision to buy a home in Cape Coral is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cape Coral for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cape Coral:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cape Coral.


Reasons To Move To Cape Coral, Florida, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cape Coral can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cape Coral, meanwhile, can field multiple offers from more qualified buyers.

Cape Coral, FL Foreclosures


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