33904
Cape Coral, Florida
Cape Coral 33904 needs watching.
The 33904 ZIP code in Cape Coral, Florida has a median sale price of $355K, down -4.2% year-over-year. Homes spend an average of 67 days on market, with 5% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33904.
The 33904 ZIP code in Cape Coral shows a cooling market with a median sale price of $355,000, down 4.2% year-over-year as of February 2026. Properties are averaging 67 days on market, indicating moderating demand compared to the rapid turnover seen in previous years. Only 5% of homes are selling above list price, confirming that seller pricing power has diminished significantly and buyers now hold negotiating leverage in most transactions.
This environment favors patient buyers with financing already secured who can capitalize on the 4.2% price decline and extended 67-day market time to negotiate below asking price. Investors seeking cash flow should proceed cautiously given the PropIQ score of 45, which signals meaningful downside risk. Sellers with equity and no urgency should consider waiting, while those requiring liquidity must price aggressively given that 95% of transactions close at or below list price.
The PropIQ intelligence score of 45 out of 100 indicates elevated caution, suggesting further price pressure or extended selling timelines ahead for 33904. The combination of negative year-over-year pricing, minimal above-list sales, and two-month inventory absorption points toward continued buyer advantage through mid-2026. Monitor monthly sales volume and days-on-market trends; any extension beyond 67 days would confirm additional softening and potentially steeper price corrections in subsequent quarters.
What is the median home price in 33904 Cape Coral?
The median sale price in 33904 is $355K, down -4.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Cape Coral 33904?
Homes in 33904 Cape Coral spend an average of 67 days on market before going under contract.
Is Cape Coral 33904 a good place to invest in real estate?
Folio's PropIQ™ score for 33904 is 45/100 — a Caution signal. 5% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 33904?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 45 = Caution in 33904 Cape Coral, Florida.