34136
Cape Coral, Florida
Cape Coral 34136 needs watching.
The 34136 ZIP code in Cape Coral, Florida has a median sale price of $170K, down N/A year-over-year. Homes spend an average of 148 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 34136.
The 34136 ZIP code shows a stalled market with a median sale price of $170,000 holding flat year-over-year as of April 2024. Properties are averaging 148 days on market, more than double the typical absorption rate in functional markets. Zero homes have closed above asking price, indicating buyers face no competitive pressure and sellers are accepting discounted offers to secure transactions in this extended listing cycle.
This environment favors patient buyers with financing in place who can leverage the 148-day average DOM to negotiate below-list transactions. Cash investors seeking rental yields rather than appreciation play may find entry points, though the flat price trajectory offers no near-term equity growth. Sellers face a difficult position with no homes commanding premiums and extended holding periods that increase carrying costs and opportunity losses.
The PropIQ score of 27 out of 100 signals fundamental weakness in price momentum and transaction velocity that typically precedes further deterioration. Markets with five-month absorption rates and zero competitive bidding rarely stabilize without external demand catalysts or inventory contraction. Monitor month-over-month listing volume and any movement in days-on-market figures, as sustained trends above 120 days historically correlate with additional price compression in subsequent quarters.
What is the median home price in 34136 Cape Coral?
The median sale price in 34136 is $170K, down N/A year-over-year as of 2024-04-30.
How long do homes stay on the market in Cape Coral 34136?
Homes in 34136 Cape Coral spend an average of 148 days on market before going under contract.
Is Cape Coral 34136 a good place to invest in real estate?
Folio's PropIQ™ score for 34136 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 34136?
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 27 = Caution in 34136 Cape Coral, Florida.