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

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August 23, 2022
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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 not 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 August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 14 cities and towns with data available were included in the list.

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Stacker

#14. Lehigh Acres, Florida

- 1-year price change: +$85,001 (+36.0%)
- 5-year price change: +$164,060 (+104.3%)
- Typical home value: $321,309 (#14 most expensive city in metro)
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Stacker

#13. North Fort Myers, Florida

- 1-year price change: +$93,935 (+37.0%)
- 5-year price change: +$167,611 (+92.9%)
- Typical home value: $347,993 (#13 most expensive city in metro)
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Stacker

#12. Fort Myers, Florida

- 1-year price change: +$105,579 (+36.9%)
- 5-year price change: +$174,429 (+80.3%)
- Typical home value: $391,633 (#12 most expensive city in metro)
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Stacker

#11. Bokeelia, Florida

- 1-year price change: +$113,798 (+31.1%)
- 5-year price change: +$224,894 (+88.1%)
- Typical home value: $480,254 (#10 most expensive city in metro)
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Stacker

#10. Cape Coral, Florida

- 1-year price change: +$119,529 (+37.9%)
- 5-year price change: +$214,530 (+97.2%)
- Typical home value: $435,285 (#11 most expensive city in metro)

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Stacker

#9. Alva, Florida

- 1-year price change: +$134,183 (+37.4%)
- 5-year price change: +$234,633 (+90.8%)
- Typical home value: $493,149 (#9 most expensive city in metro)
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Stacker

#8. Estero, Florida

- 1-year price change: +$148,625 (+38.6%)
- 5-year price change: +$221,678 (+71.0%)
- Typical home value: $533,986 (#8 most expensive city in metro)
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Stacker

#7. Saint James City, Florida

- 1-year price change: +$181,422 (+40.8%)
- 5-year price change: +$306,202 (+95.8%)
- Typical home value: $625,780 (#7 most expensive city in metro)
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Stacker

#6. Bonita Springs, Florida

- 1-year price change: +$187,596 (+42.2%)
- 5-year price change: +$275,478 (+77.3%)
- Typical home value: $632,005 (#6 most expensive city in metro)
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Stacker

#5. Fort Myers Beach, Florida

- 1-year price change: +$209,878 (+37.4%)
- 5-year price change: +$332,893 (+75.9%)
- Typical home value: $771,652 (#5 most expensive city in metro)

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Stacker

#4. Miromar Lakes, Florida

- 1-year price change: +$374,174 (+40.7%)
- 5-year price change: +$542,465 (+72.3%)
- Typical home value: $1,292,764 (#4 most expensive city in metro)
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Stacker

#3. Sanibel, Florida

- 1-year price change: +$422,497 (+42.7%)
- 5-year price change: +$629,074 (+80.3%)
- Typical home value: $1,412,174 (#3 most expensive city in metro)
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Stacker

#2. Captiva, Florida

- 1-year price change: +$532,820 (+39.1%)
- 5-year price change: +$812,414 (+74.9%)
- Typical home value: $1,896,550 (#2 most expensive city in metro)
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Stacker

#1. Boca Grande, Florida

- 1-year price change: +$1,045,946 (+43.0%)
- 5-year price change: +$1,822,149 (+109.9%)
- Typical home value: $3,480,709 (#1 most expensive city in metro)

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