Cities with the fastest growing home prices in Cape Coral metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Cape Coral metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Cape Coral-Fort Myers, FL metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 14 cities and towns with data available were included in the list.

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Stacker

#14. Lehigh Acres, FL

- 1-year price change: +$54,708 (+21.1%)
- 5-year price change: +$156,238 (+99.3%)
- Typical home value: $313,643 (#14 most expensive city in metro)
2 / 14
Stacker

#13. North Fort Myers, FL

- 1-year price change: +$58,875 (+21.0%)
- 5-year price change: +$158,581 (+87.7%)
- Typical home value: $339,324 (#13 most expensive city in metro)
3 / 14
Stacker

#12. Bokeelia, FL

- 1-year price change: +$63,312 (+15.8%)
- 5-year price change: +$209,761 (+82.5%)
- Typical home value: $463,931 (#10 most expensive city in metro)
4 / 14
Stacker

#11. Fort Myers, FL

- 1-year price change: +$68,661 (+21.9%)
- 5-year price change: +$167,582 (+78.1%)
- Typical home value: $382,209 (#12 most expensive city in metro)
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Stacker

#10. Cape Coral, FL

- 1-year price change: +$69,031 (+19.7%)
- 5-year price change: +$199,683 (+91.1%)
- Typical home value: $418,922 (#11 most expensive city in metro)

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Stacker

#9. Alva, FL

- 1-year price change: +$79,713 (+20.2%)
- 5-year price change: +$216,289 (+84.0%)
- Typical home value: $473,665 (#9 most expensive city in metro)
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Stacker

#8. Estero, FL

- 1-year price change: +$98,742 (+22.8%)
- 5-year price change: +$221,704 (+71.6%)
- Typical home value: $531,275 (#8 most expensive city in metro)
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Stacker

#7. Saint James City, FL

- 1-year price change: +$99,210 (+20.0%)
- 5-year price change: +$277,814 (+87.4%)
- Typical home value: $595,848 (#7 most expensive city in metro)
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Stacker

#6. Fort Myers Beach, FL

- 1-year price change: +$121,368 (+19.7%)
- 5-year price change: +$305,419 (+70.9%)
- Typical home value: $735,934 (#5 most expensive city in metro)
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Stacker

#5. Bonita Springs, FL

- 1-year price change: +$130,853 (+26.7%)
- 5-year price change: +$270,552 (+77.1%)
- Typical home value: $621,587 (#6 most expensive city in metro)

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Stacker

#4. Sanibel, FL

- 1-year price change: +$243,992 (+22.2%)
- 5-year price change: +$571,874 (+74.4%)
- Typical home value: $1,340,945 (#3 most expensive city in metro)
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Stacker

#3. Miromar Lakes, FL

- 1-year price change: +$253,136 (+25.2%)
- 5-year price change: +$529,234 (+72.5%)
- Typical home value: $1,259,538 (#4 most expensive city in metro)
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Stacker

#2. Captiva, FL

- 1-year price change: +$321,146 (+22.2%)
- 5-year price change: +$731,186 (+70.5%)
- Typical home value: $1,768,806 (#2 most expensive city in metro)
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Stacker

#1. Boca Grande, FL

- 1-year price change: +$606,648 (+22.3%)
- 5-year price change: +$1,676,420 (+101.3%)
- Typical home value: $3,331,580 (#1 most expensive city in metro)

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