According to statistics, the population in Cape Coral, FL amounts to 173,679, which shows growth 2% compared to the previous year. The median age of the city’s residents is 46. The average household income is $53,653, shifting growth 3% from the past year, and the average property value in Cape Coral, FL growth 13% to $196,800 throughout the year.
|Number Of Employees||75,874|
|Median Property Value||$196,800|
The average household income in Cape Coral, FL grew from $52,000 to $53,653 in the past year. This data is an estimate based upon 62,392 households in Cape Coral, FL . The chart below presents how household income is distributed in Cape Coral, FL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cape Coral, FL shifted from $173,400 to $196,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cape Coral, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cape Coral, FL properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cape Coral, FL compared to median property taxes around the country. The prevalent amount of property taxes in Cape Coral, FL equals $3000, which is less than the national average.
|Apartment Size||May||vs Last Month|
|Studio for sale||$163,047||-69.2%|
|1 bed for sale||$210,837||+3.4%|
|2 bed for sale||$346,443||+7.2%|
|3 bed for sale||$572,514||-3%|
|4+ bed for sale||$452,691||-38.2%|
During May 2022, the average price for an apartment in/near Cape Coral, FL decreased by 39.9% to $361,374.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $210,837 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $346,443. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $572,514. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $452,691 for a big-family home.
|Listing Type||May||vs Last Month|
|Apartments for sale||$528,883||+12.8%|
|Lofts for sale||$423,714||-57.1%|
|Townhouses for sale||$368,876||+17.1%|
|Houses for sale||$609,080||-3.2%|
|Condos for sale||$363,001||+3.2%|
|Other for sale||$631,675||-6.9%|
|Duplexes for sale||$523,037||-0.5%|
|Land for sale||$141,346||N/A|
While assessing the property pricing Cape Coral, FL, you can note that it remains flat with a price tag of $528,883. According to statistics, average house is still $609,080 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $363,001. An average value of duplex is $523,037, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $423,714. Value of the townhouses didn’t change, the price still starts at $368,876.