Updated May 2026 · Redfin
Cape Coral vs Miami: real estate market, May 2026
A side-by-side housing-market snapshot for Cape Coral, FL and Miami, FL for May 2026: Cape Coral at a $370K median versus $650K in Miami, plus days on market and the buyer-vs-seller balance, straight from the Redfin Data Center.
| Metric | Cape Coral, FL | Miami, FL |
|---|---|---|
| Median sale price | $370K ▲ +2.0% | $650K ▲ +3.0% |
| Days on market | 56 ▼ -26.3% | 114 ▲ +7.5% |
| Homes for sale | 2,590 ▼ -28.5% | 3,748 ▼ -14.0% |
| Sale-to-list | 96.9% ▲ +0.1% | 95.0% ▲ +0.6% |
| Months of supply | 4.8 ▼ -18.6% | 10.6 ▼ -8.6% |
| Homes sold | 538 ▼ -11.7% | 353 ▼ -5.9% |
Figures from Redfin Data Center. Verify against your MLS before posting.
The verdict
As of May 2026, Cape Coral is the more affordable of the two at a $369,900 median sale price, about 43% below Miami ($650,000). Cape Coral is the faster-moving market, with homes going under contract in about 56 days versus 114 in Miami.
Which market fits your client?
For a buyer client, Miami offers a little more breathing room, with 10.6 months of supply against 4.8 in Cape Coral, which usually means less bidding pressure. For a seller client, Cape Coral is the tighter market, with a 96.9% sale-to-list ratio. On price momentum, Miami is appreciating faster (+3.0% vs +2.0% year over year).
How we compare these markets
We built LOKAL to pull Cape Coral's and Miami's numbers straight from the Redfin Data Center, so an agent and a client compare like for like. For May 2026 we recorded a $370K median in Cape Coral and a $650K median in Miami, against roughly $363K a year earlier in 2025. Redfin has published this market data monthly since 2020, which is what lets us show year-over-year change here in 2026. For complementary demographics on each metro — population, median household income — see the U.S. Census Bureau. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.
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Full Cape Coral and Miami market updates
Frequently asked
- Is Cape Coral or Miami more affordable?
- As of May 2026, Cape Coral is the more affordable market at a $369,900 median sale price, about 43% below Miami ($650,000), per the Redfin Data Center.
- Which market moves faster, Cape Coral or Miami?
- Cape Coral moves faster: a typical listing goes under contract in about 56 days, versus 114 days in Miami (May 2026).
- Is Cape Coral or Miami better for buyers right now?
- Miami gives buyers a little more room, with 10.6 months of supply versus 4.8 in Cape Coral. More months of supply usually means less competition and more negotiating leverage for buyers.
- Where do these Cape Coral and Miami numbers come from?
- Both metros draw on the Redfin Data Center, refreshed monthly. LOKAL turns the figures into a ready-to-post carousel, story and square for either city. LOKAL is not affiliated with Redfin; always verify against your local MLS before quoting figures to clients.
More Cape Coral comparisons
Data: Redfin · Redfin Data Center. Figures are metro-level snapshots, not valuations for a specific home.