Who Has The Advantage?
Buyers Have More Negotiating Power
6.8 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.8 months to sell the homes currently available.
Real estate term: Months of Supply
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33904 Real Estate Market
What's Happening With Homes in 33904?
Updated November 9, 2026
Homes in ZIP code 33904 sold for a median of $390,000 as of November 9, 2026, up 15.4% from the same 90-day period a year earlier. In ZIP code 33904, the typical home took 73 days to sell, counting total time on market, and 526 homes were for sale as of November 9, 2026.
See What Your Home Is WorthFlorida Housing Market Update November 9, 2026: Rates at 6-Week Low, Homes Selling Faster
As of November 9, 2026
526
Homes For Sale
Active inventory buyers can choose from
38
New This Week
Listings newly added to the market
40
Price Changes
Homes that changed price this week
21
Went Under Contract
Homes that found a buyer this week
6
Back On Market
Homes returned for sale this week
Buyers Have More Negotiating Power
6.8 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.8 months to sell the homes currently available.
Real estate term: Months of Supply
$390,000
Typical Sale Price
$243
Typical Price Per Sq. Ft.
96.4%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $482,000.
73 days
Typical Time To Sell
22.1%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of November 9, 2026
51.0%
Of Homes For Sale Are Below Their Original Asking Price
40
Price Changes This Week
102
Price Changes In The Last 30 Days
7.6%
Share Of Inventory That Changed Price This Week
$25,000 (6.7%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Buyers Have More Negotiating Power
6.4 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.4 months to sell the homes currently available.
Real estate term: Months of Supply
$480,000
Typical Sale Price
$280
Typical Price Per Sq. Ft.
97.4%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $487,000.
74 days
Typical Time To Sell
21.4%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of November 9, 2026
50.4%
Of Homes For Sale Are Below Their Original Asking Price
29
Price Changes This Week
76
Price Changes In The Last 30 Days
7.9%
Share Of Inventory That Changed Price This Week
$29,000 (5.9%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$377K -> $507.5K Up 34.6% over the last 12 months
The typical sale price moved from $377,000 in Nov 2025 to $507,500 in Oct 2026, up $130,500.
Buyers Have More Negotiating Power
7.9 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 7.9 months to sell the homes currently available.
Real estate term: Months of Supply
$170,000
Typical Sale Price
$151
Typical Price Per Sq. Ft.
93.2%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $466,000.
61 days
Typical Time To Sell
23.8%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of November 9, 2026
55.0%
Of Homes For Sale Are Below Their Original Asking Price
10
Price Changes This Week
25
Price Changes In The Last 30 Days
6.6%
Share Of Inventory That Changed Price This Week
$20,000 (8.7%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$244K -> $162K Down 33.6% over the last 12 months
The typical sale price moved from $244,000 in Nov 2025 to $162,000 in Oct 2026, down $82,000.
There were not enough recent sales to judge the balance of this market.
16.7%
Share Of Homes Listed Before
As of November 9, 2026
16.7%
Of Homes For Sale Are Below Their Original Asking Price
1
Price Changes This Week
1
Price Changes In The Last 30 Days
16.7%
Share Of Inventory That Changed Price This Week
$5,000 (3.3%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$240K -> $130K Down 45.8% over the last 12 months
The typical sale price moved from $240,000 in Nov 2025 to $130,000 in Oct 2026, down $110,000.
As of November 9, 2026
| Metric | 33904 Now | Last Year | Cape Coral |
|---|---|---|---|
| Homes For Sale | 526 | 319 | 3,399 |
| Typical Sale Price | $390,000 33904 is 3.5% lower | $337,955 | $404,022 |
| Homes Sold, 30 Days | 71 | 62 | 385 |
As of November 9, 2026, homes in 33904 had 6.8 months of supply, compared with 6.9 months across Cape Coral as a whole. The typical home here took 73 days to sell, against 95 days citywide.
535 Archer
Cape Coral, FL 33904
3 bd · 2 ba · 1,408 sq ft
Single Family
$266 per sq ft · No HOA
5727 Riverside
Cape Coral, FL 33904
3 bd · 3 ba · 2,383 sq ft
Single Family
Waterfront · $661 per sq ft · No HOA
4025 19th Unit 210
Cape Coral, FL 33904
2 bd · 2 ba · 1,166 sq ft
Condo
Waterfront · $291 per sq ft · HOA about $600 per month
1510 35th
Cape Coral, FL 33904
4 bd · 3 ba · 1,774 sq ft
Single Family
$298 per sq ft · No HOA
1423 27th
Cape Coral, FL 33904
3 bd · 2 ba · 1,348 sq ft
Single Family
$259 per sq ft · No HOA
4321 Country Club Unit 104
Cape Coral, FL 33904
2 bd · 2 ba · 1,289 sq ft
Condo
Waterfront · $155 per sq ft · HOA about $589 per month
423 31st
Cape Coral, FL 33904
3 bd · 2 ba · 1,419 sq ft
Single Family
$264 per sq ft · No HOA
3510 19th
Cape Coral, FL 33904
3 bd · 3 ba · 2,318 sq ft
Single Family
Waterfront · $319 per sq ft · No HOA
Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. for the period Nov 12, 2026 4:57 AM ET through Nov 13, 2026 4:57 AM ET.
The market statistics above describe all of ZIP code 33904. Enter your property address in Cape Coral, FL for a property-specific estimate based on your home, not the blended ZIP averages.
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Not every home is the same, so if more large or expensive homes sell in a given month, the typical sale price can rise even when the market has not really changed.
1,665 sq ft
Typical Size Of Homes Sold
1.4%
New Construction
Mix By Property Type
What the Florida market is doing, what to watch over the next 60 days, and how to price and sell into it. Every number sourced.
Hosted by James P. Schlimmer, Broker
No, 33904 currently favors buyers more than sellers right now. As of November 9, 2026, 33904 shows 6.8 months of supply and 526 active listings, conditions typical of a buyer's market in Cape Coral. Individual results still depend on pricing, condition, and location within the ZIP code.
The typical home in 33904 took 73 days to sell as of November 9, 2026, counting total time on market including any earlier listing periods for the same property. That figure reflects recent closed sales in Cape Coral, not just the homes currently listed for sale in the ZIP code today.
Homes in 33904 sold for about 96.4% of asking price as of November 9, 2026, based on the median close-to-list ratio over the last 30 days, meaning a home listed at $500,000 typically sold for about $482,000. That figure includes homes that sold above list and below list within ZIP code 33904.
33904 is currently a buyer's market as of November 9, 2026, with about 6.8 months of supply and 526 homes currently for sale. Months of supply compares active inventory to recent sales, and values below about 4 months generally favor sellers while values above about 6 months favor buyers in Cape Coral.
Home prices in 33904 were up 15.4% year over year as of November 9, 2026, comparing the median sale price from the last 90 days with the same period a year earlier. Monthly swings can differ, but that figure shows the broader price direction for closed sales in ZIP code 33904.
As of November 9, 2026, there are 526 homes for sale in ZIP code 33904, representing active MLS listings buyers can shop today. That count shifts weekly as new listings arrive and others go under contract, so check back for the latest inventory in the ZIP code.
Selling a home in 33904 through HomeJam starts at $499 for the DIY tier, with Guided at 1 percent and Concierge at 2.5 percent of the sale price. Your total cost depends on which tier you choose plus other transaction expenses such as title, taxes and any concessions you agree to.
Market statistics are calculated using MLS data for ZIP code 33904.
Data is updated weekly. Last updated November 9, 2026.
Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. for the period November 1, 2025 through November 9, 2026.
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