Who Has The Advantage?
Buyers Have More Negotiating Power
6.2 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.2 months to sell the homes currently available.
Real estate term: Months of Supply
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33991 Real Estate Market
What's Happening With Homes in 33991?
Updated November 9, 2026
Homes in ZIP code 33991 sold for a median of $477,950 as of November 9, 2026, down 4.5% from the same 90-day period a year earlier. In ZIP code 33991, the typical home took 114 days to sell, counting total time on market, and 372 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
372
Homes For Sale
Active inventory buyers can choose from
18
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
5
Back On Market
Homes returned for sale this week
Buyers Have More Negotiating Power
6.2 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.2 months to sell the homes currently available.
Real estate term: Months of Supply
$477,950
Typical Sale Price
$240
Typical Price Per Sq. Ft.
98.7%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $494,000.
114 days
Typical Time To Sell
21.0%
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
54.8%
Of Homes For Sale Are Below Their Original Asking Price
40
Price Changes This Week
107
Price Changes In The Last 30 Days
10.8%
Share Of Inventory That Changed Price This Week
$26,500 (5.9%)
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
6.3 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.3 months to sell the homes currently available.
Real estate term: Months of Supply
$490,000
Typical Sale Price
$244
Typical Price Per Sq. Ft.
98.8%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $494,000.
119 days
Typical Time To Sell
20.6%
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
54.9%
Of Homes For Sale Are Below Their Original Asking Price
40
Price Changes This Week
104
Price Changes In The Last 30 Days
11.1%
Share Of Inventory That Changed Price This Week
$27,000 (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
$461.5K -> $458K Down 0.8% over the last 12 months
The typical sale price moved from $461,450 in Nov 2025 to $457,950 in Oct 2026, down $3,500.
There were not enough recent sales to judge the balance of this market.
30.0%
Share Of Homes Listed Before
As of November 9, 2026
50.0%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
2
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$30,000 (20.0%)
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
$265K -> $277.5K Up 4.7% over the last 12 months
The typical sale price moved from $265,000 in Dec 2025 to $277,500 in Oct 2026, up $12,500.
As of November 9, 2026
| Metric | 33991 Now | Last Year | Cape Coral |
|---|---|---|---|
| Homes For Sale | 372 | 230 | 3,399 |
| Typical Sale Price | $477,950 33991 is 18.3% higher | $500,471 | $404,022 |
| Homes Sold, 30 Days | 58 | 47 | 385 |
As of November 9, 2026, homes in 33991 had 6.2 months of supply, compared with 6.9 months across Cape Coral as a whole. The typical home here took 114 days to sell, against 95 days citywide.
2688 Astwood
Cape Coral, FL 33991
3 bd · 2 ba · 1,726 sq ft
Single Family
$247 per sq ft · HOA about $377 per month
3724 3rd
Cape Coral, FL 33991
4 bd · 3 ba · 2,268 sq ft
Single Family
$315 per sq ft · No HOA
1215 8th
Cape Coral, FL 33991
4 bd · 3 ba · 2,000 sq ft
Single Family
Waterfront · $365 per sq ft · No HOA
346 28th
Cape Coral, FL 33991
4 bd · 3 ba · 2,304 sq ft
Single Family
$232 per sq ft · No HOA
11390 Royal Tee
Cape Coral, FL 33991
3 bd · 3 ba · 2,332 sq ft
Single Family
Waterfront · $429 per sq ft · HOA about $245 per month
806 9th
Cape Coral, FL 33991
3 bd · 3 ba · 2,368 sq ft
Single Family
$175 per sq ft · No HOA
1437 3rd
Cape Coral, FL 33991
4 bd · 3 ba · 2,108 sq ft
Single Family
$327 per sq ft · No HOA
1920 2nd
Cape Coral, FL 33991
3 bd · 2 ba · 1,932 sq ft
Single Family
$147 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 33991. 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.
1,965 sq ft
Typical Size Of Homes Sold
31.0%
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, 33991 currently favors buyers more than sellers right now. As of November 9, 2026, 33991 shows 6.2 months of supply and 372 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 33991 took 114 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 33991 sold for about 98.7% 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 $494,000. That figure includes homes that sold above list and below list within ZIP code 33991.
33991 is currently a buyer's market as of November 9, 2026, with about 6.2 months of supply and 372 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 33991 were down 4.5% 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 33991.
As of November 9, 2026, there are 372 homes for sale in ZIP code 33991, 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 33991 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 33991.
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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