Metro area index
Home appreciation in the Cape Coral-Fort Myers, FL metro area
FHFA HPI® data shows the Cape Coral-Fort Myers, FL metro area's all-transactions index changed -0.9% over the year to Q2 2026, versus +1.4% for Florida and +3.0% for the U.S. That ranks 386th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- -0.9%
- 5-year change
- +27.8%
- Since Q1 1995
- +303%
- Metro rank (1 year)
- 386th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Cape Coral-Fort Myers, FL vs Florida and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Cape Coral-Fort Myers, FL: 403.2
- Florida: 500.7
- United States: 391.6
Appreciation by time window
| Window | Metro | FL | U.S. | Gap vs FL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | -0.9% | +1.4% | +3.0% | −2.3 pts | −3.9 pts |
| 3 years | -10.3% | +6.6% | +12.9% | −16.9 pts | −23.2 pts |
| 5 years | +27.8% | +46.0% | +41.3% | −18.2 pts | −13.5 pts |
| 10 years | +84.1% | +120% | +93.3% | −35.9 pts | −9.3 pts |
| Since Q1 1995 | +303% | +401% | +292% | −97.5 pts | +11.6 pts |
3-digit ZIP regions in the Cape Coral-Fort Myers, FL area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 339 · Cape Coral, FL area | FL | -1.2% | +27.4% | +300% | 78% |
| 341 · Bonita Springs, FL area | FL | +1.9% | +48.6% | +451% | 13% |
Boom, bust, and recovery in Cape Coral-Fort Myers, FL area
Cape Coral-Fort Myers, FL area's index peaked in Q2 2006, fell 56.5% to its low in Q1 2011, and regained its peak in Q2 2021, about 15 years after the top. Today it sits +28.8% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2006 | Q1 2011 | -56.5% | Q2 2021 (15 yrs) | +28.8% |
| FL | Q4 2006 | Q2 2012 | -44.7% | Q1 2020 (13.2 yrs) | +72.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Cape Coral-Fort Myers, FL area's index has changed +82.1% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | FL after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -4.6% | -2.4% | -0.8% |
| 3 years | +9.8% | -18.3% | -2.9% | +2.8% |
| 5 years | +24.0% | +3.1% | +17.7% | +13.9% |
| 10 years | +39.1% | +32.4% | +58.2% | +39.0% |
| Since Q1 1995 | +121% | +82.1% | +126% | +76.8% |
If you bought in the Cape Coral-Fort Myers, FL area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +296% | $1,188,212 |
| Q2 2000 | +236% | $1,008,925 |
| Q2 2005 | +57.6% | $472,869 |
| Q2 2010 | +187% | $860,252 |
| Q2 2015 | +104% | $611,558 |
| Q2 2020 | +49.9% | $449,816 |
| Q2 2021 | +27.8% | $383,477 |
| Q2 2023 | -10.3% | $269,033 |
| Q2 2025 | -0.9% | $297,309 |
Frequently asked questions
- How much have home prices risen in the Cape Coral-Fort Myers, FL area?
- FHFA HPI® data for the Cape Coral-Fort Myers, FL metro area shows changes of -0.9% over one year, +27.8% over five years, and +84.1% over ten years to Q2 2026, and +303% since Q1 1995.
- Is the Cape Coral-Fort Myers, FL area beating the national average?
- Over the past year the metro's index moved −3.9 pts versus the U.S.; over five years the gap is −13.5 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.