Cape Coral, FL home prices
Typical home $334,479 · -3.5% in a year · income needed $93,700
The Cape Coral, FL metro area ranks 251 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -3.5% in a year and +5.9% over five years. With 20% down at 7.11%, the typical home costs about $2,187 a month including 0.79% property tax (Lee County rate).
Mortgage on the typical Cape Coral home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $66,896 | $267,584 | $1,800 | $0 | $387 | $2,187 | $93,700 |
| 10% down | $33,448 | $301,031 | $2,025 | $125 | $387 | $2,538 | $108,800 |
| 5% down | $16,724 | $317,755 | $2,138 | $132 | $387 | $2,657 | $113,900 |
| 3.5% down (FHA) | $11,707 | $328,421 | $2,209 | $148 | $387 | $2,744 | $117,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.79% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Cape Coral area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lee County, FL | $334,485 | -3.5% | 0.79% |
What can you afford in Florida on your salary? · Florida home prices · Salaries in Florida
Frequently asked questions
How much is a house in Cape Coral?
The typical home in the Cape Coral, FL metro area is worth $334,479 (Zillow, September 2026).
What salary do you need to buy a house in Cape Coral?
About $93,700 a year for the typical home with 20% down at 7.11%.