Cape Coral VA Loan Rates, Closing Costs & Stats

CAPE CORAL-FORT MYERS, FL

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Cape Coral's 181 lenders originated 1,414 VA loans during 2022. The total origination value was $508,340,000, with an average VA loan value of $359,505.

Cape Coral VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Cape Coral averaged -0.34% for the week of 2024-02-23, compared to the national average (all VA variants) of 0% for the same period.

Cape Coral's average VA mortgage closing costs are $6,366.

The average rate for the prior week (2024-02-16) was 6.13% and one month ago for the week of 2024-01-19, the average rate was 5.79%.

The average rate one year ago was 6.1%.

For refis of the same type during the week of 2024-02-23, the average rate was -1.13%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Cape Coral VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Cape Coral level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 174 4.79% $10,574
UNITED WHOLESALE MORTGAGE, LLC 138 4.23% $10,042
QUICKEN LOANS, LLC 132 3.90% $12,112
FREEDOM MORTGAGE CORPORATION 67 4.16% $12,993
LOANDEPOT.COM, LLC 49 4.20% $8,714
NAVY FEDERAL CREDIT UNION 45 3.87% $7,053
DHI MORTGAGE COMPANY, LTD. 37 4.46% $8,486
PENNYMAC LOAN SERVICES, LLC 35 3.62% $10,707
NEW DAY FINANCIAL, LLC 33 4.65% $17,212
USAA Federal Savings Bank 26 4.18% $10,202
CROSSCOUNTRY MORTGAGE, LLC 26 4.53% $11,595
EAGLE HOME MORTGAGE, LLC 25 4.76% $9,992
MOVEMENT MORTGAGE, LLC 22 4.94% $9,568
MORTGAGE 1 INCORPORATED 17 5.17% $9,315
HOME POINT FINANCIAL CORPORATION 16 3.97% $10,672
Mr. Cooper ( Nationstar Mortgage ) 14 4.85% $8,159
CALIBER HOME LOANS, INC. 14 4.11% $15,809
AMERISAVE MORTGAGE CORPORATION 13 4.41% $9,956
FBC MORTGAGE, LLC 13 4.69% $8,278
PENTAGON FEDERAL CREDIT UNION 13 2.93% $5,302
HOMEBRIDGE FINANCIAL SERVICES, INC. 12 3.80% $7,585
PULTE MORTGAGE LLC 12 4.92% $7,558
The Federal Savings Bank 11 4.15% $19,740
BROKER SOLUTIONS, INC. 11 4.75% $16,827
Wells Fargo Bank 11 4.03% $6,051
GUARANTEED RATE, INC. 10 4.42% $12,212
VAN DYK MORTGAGE CORPORATION 10 4.60% $9,302
CARDINAL FINANCIAL 10 5.07% $12,696
LOANPAL, LLC 10 3.29% $13,025
CLEARPATH LENDING 9 3.65% $10,393
Flagstar Bank, FSB 9 4.48% $7,404
NEWREZ LLC 8 4.61% $12,988
LAKEVIEW LOAN SERVICING, LLC 8 2.94% $5,352
VILLAGE CAPITAL MORTGAGE 8 4.42% $9,543
PLANET HOME LENDING, LLC 8 4.22% $8,568
MUTUAL OF OMAHA MORTGAGE, INC. 7 3.84% $7,632
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 4.93% $9,390
AMERICAN PACIFIC MORTGAGE CORPORATION 7 4.05% $12,271
Nations Lending Corporation 7 4.96% $12,954
Bank of England 7 4.79% $11,836
HOMESIDE FINANCIAL, LLC 6 5.48% $7,559
Magnolia Bank 6 4.42% $14,338
Mid-Continent Funding, Inc. 6 4.33% $17,024
Carrington Mortgage Services, LLC 6 4.81% $7,545
Paramount Residential Mortgage Group, Inc. 6 5.33% $21,391
CMG MORTGAGE, INC. 6 4.96% $12,562
First Federal Bank 5 3.68% $13,063
Eagle Bank and Trust Company 5 4.53% $8,281
Equity Prime Mortgage LLC 5 5.25% $8,543
Barrington Bank & Trust Company, N.A. 5 4.58% $17,046
FINANCE OF AMERICA MORTGAGE LLC 5 4.03% $15,329
Citizens Bank 4 4.38% $7,578
First Option Mortgage, LLC 4 4.25% $6,580
AMERICAN FINANCING CORPORATION 4 3.13% $8,558
GUARANTEED RATE AFFINITY, LLC 4 4.54% $5,776
Strong Home Mortgage, LLC 4 3.81% $6,194
UNION HOME MORTGAGE CORP. 4 4.25% $6,693
HAMILTON HOME LOANS, INC. 4 4.09% $12,818
Waterstone Mortgage Corporation 4 5.53% $12,870
INLANTA MORTGAGE, INC. 4 4.75% $9,696
Prosperity Home Mortgage, LLC 4 4.09% $8,319
SUN WEST MORTGAGE COMPANY, INC. 3 4.71% $15,300
GENEVA FINANCIAL, LLC 3 5.67% $11,543
EMBRACE HOME LOANS, INC. 3 5.29% $13,927
BAY EQUITY LLC 3 5.83% $6,957
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 4.67% $10,662
Texana Bank 3 4.33% $7,745
Northpointe Bank 3 3.42% $12,159
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 6.25% $17,733
Low VA Rates, LLC 3 3.17% $12,887
EVERETT FINANCIAL, INC. 3 5.29% $8,484
JPMorgan Chase Bank 3 3.46% $14,065
TJC Mortgage, Inc. 2 4.94% $9,754
Hometown Equity Mortgage, LLC 2 4.12% $8,024
Truist 2 4.99% $7,005
First Guaranty Mortgage Corporation 2 3.00% $2,664
NBKC BANK 2 5.12% $6,542
PNC Bank 2 4.00% $3,323
U.S. Bank 2 4.75% $9,970
Mortgage Lenders Investment Trading Corporation 2 3.13% $6,132
Hometown Lenders, Inc. 2 5.63% $10,334
CASTLE & COOKE MORTGAGE, LLC 2 4.25% $9,069
ANGEL OAK HOME LOANS LLC 2 4.19% $22,675
SECURITYNATIONAL MORTGAGE COMPANY 2 4.94% $20,702
First State Bank of St. Charles, Missouri 2 5.44% $6,762
KBHS HOME LOANS, LLC 2 3.87% $15,090
INSPIRE HOME LOANS INC. 2 4.19% $4,850
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 4.00% $5,965
Wyndham Capital Mortgage, Inc. 2 5.19% $2,882
KELLER MORTGAGE, LLC 2 3.13% $7,654
GUILD MORTGAGE COMPANY 2 3.13% $16,636
SUCCESS MORTGAGE PARTNERS, INC. 2 5.13% $14,415
CALCON MUTUAL MORTGAGE LLC 2 3.75% $13,642
NATIONWIDE MORTGAGE BANKERS, INC. 1 5.25% $28,696
Alcova Mortgage LLC 1 3.75% $4,749
Alerus Financial 1 3.50% $1,880
AMERICAN ADVISORS GROUP 1 3.75% $4,511
AMERICAN INTERNET MORTGAGE, INC. 1 4.13% $3,159
American Mortgage & Equity Consultants, Inc. 1 3.25% $4,238
Ameris Bank 1 5.13% $4,359
Armed Forces Bank 1 6.25% $3,406
Arvest Bank 1 3.25% $9,795
ASPIRE FINANCIAL, INC. 1 4.25% $14,014
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 5.63% $18,261
Atlantic Coast Mortgage, LLC 1 6.63% $7,430
BAYSHORE MORTGAGE FUNDING, LLC 1 6.63% $7,629
Bell Bank 1 3.75% $10,259
Blue Ridge Bank 1 4.13% $4,739
BNC National Bank 1 5.63% $9,078
CHURCHILL MORTGAGE CORPORATION 1 4.75% $9,049
Citibank 1 3.25% $4,462
CityWorth Mortgage LLC 1 3.75% $10,715
CONTOUR MORTGAGE CORPORATION 1 4.25% $10,193
Credence Funding Corporation 1 2.75% $2,620
DIRECT MORTGAGE LOANS, LLC 1 4.25% $19,457
DYBN FINANCIAL CORP. 1 3.75% $16,620
FAIRWAY FUNDING GROUP, INC. 1 4.75% $6,319
FIDELITY DIRECT MORTGAGE, LLC 1 5.50% $9,802
FIDELITY FUNDING MORTGAGE CORP. 1 5.63% $8,769
Fifth Third Bank 1 5.88% $3,816
FIRST CENTENNIAL MORTGAGE CORPORATION 1 4.88% $18,582
FIRST COMMUNITY MORTGAGE, INC. 1 2.88% $3,265
First Heritage Mortgage, LLC 1 3.88% $18,836
First Horizon Bank 1 3.13% $4,387
First Internet Bank of Indiana 1 2.38% $3,506
Florida Capital Bank 1 6.13% $21,950
Gateway First Bank 1 5.25% $5,922
George Mason Mortgage, LLC 1 2.88% $4,321
GERSHMAN INVESTMENT CORP. 1 3.88% $7,857
GMFS LLC 1 4.88% $16,151
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.25% $4,024
GoPrime Mortgage, Inc. 1 5.75% $20,659
GREAT WESTERN FINANCIAL SERVICES, INC. 1 4.75% $6,105
GSF Mortgage Corporation 1 5.50% $27,622
HOMESPIRE MORTGAGE CORPORATION 1 5.50% $8,333
IMPAC MORTGAGE CORP. 1 4.25% $26,121
INTERCAP LENDING INC. 1 4.99% $13,869
LADERA LENDING, INC. 1 4.75% $9,182
LAKE MICHIGAN CREDIT UNION 1 5.38% $26,215
Lakeview Community Capital, LLC 1 2.75% $3,637
MICHIGAN MUTUAL, INC. 1 5.63% $15,001
M&T Bank 1 2.63% $3,586
NATIONS RELIABLE LENDING, LLC 1 3.13% $12,134
Advisors Mortgage Group, L.L.C. 1 4.99% $7,933
Neighborhood Loans, Inc. 1 3.75% $39,172
NETWORK CAPITAL FUNDING CORPORATION 1 3.13% $1,523
NexBank 1 3.50% $7,118
NFM, INC. 1 5.63% $13,009
North American Savings Bank, F.S.B. 1 2.25% $8,110
NP, Inc. 1 5.25% $4,906
OCMBC, INC. 1 4.75% $3,091
ONE NEVADA CREDIT UNION 1 3.75% $7,110
Pacific Lending LLC 1 3.25% $3,704
PANORAMA MORTGAGE GROUP, LLC 1 4.75% $15,383
Paramount Bank 1 5.25% $5,006
Plains Commerce Bank 1 4.00% $2,404
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.88% $12,007
RADIUS FINANCIAL GROUP INC. 1 5.38% $8,998
Regions Bank 1 5.50% $10,810
RESIDENTIAL HOME FUNDING CORP. 1 5.00% $6,802
Residential Mortgage Solutions, Inc. 1 5.75% $24,752
Seacoast National Bank 1 4.63% $8,835
Service Federal Credit Union 1 4.63% $6,019
Sierra Pacific Mortgage Company, Inc. 1 4.63% $6,515
SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 5.25% $11,547
South Pacific Financial Corporation 1 5.38% $12,942
South State Bank 1 5.50% $11,215
SOVEREIGN LENDING GROUP INCORPORATED 1 4.00% $15,510
Stifel Bank and Trust 1 2.75% $2,334
STOCKTON MORTGAGE CORPORATION 1 3.13% $7,151
Summit Mortgage Corporation 1 5.63% $7,153
SWBC MORTGAGE CORPORATION 1 7.25% $34,380
T2 FINANCIAL LLC 1 5.63% $0
The Home Loan Expert LLC 1 5.63% $7,561
The Huntington National Bank 1 4.88% $7,343
THE MORTGAGE FIRM, INC. 1 5.75% $3,777
TOWNE MORTGAGE COMPANY 1 3.38% $2,148
VERITAS FUNDING, LLC 1 5.00% $15,239
V.I.P. MORTGAGE, INC. 1 4.88% $14,219
VYSTAR 1 4.63% $1,484
WesBanco 1 3.50% $4,935

The top Cape Coral VA lender as defined by loan originations is Mortgage Research Center, LLC, with 174 VA loans originated. Their average total fees are $10,574, which is $532 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Cape Coral VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION ($5,302), Wells Fargo Bank ($6,051), NAVY FEDERAL CREDIT UNION ($7,053), PULTE MORTGAGE LLC ($7,558) and HOMEBRIDGE FINANCIAL SERVICES, INC. ($7,585).

The lowest rate Cape Coral VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (2.93%), LOANPAL, LLC (3.29%), PENNYMAC LOAN SERVICES, LLC (3.62%), HOMEBRIDGE FINANCIAL SERVICES, INC. (3.80%) and NAVY FEDERAL CREDIT UNION (3.87%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Cape Coral (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $299,900 (-3.2%) $480,723 (0.2%) 1.11 9,100
2018-02-01 $299,900 (-3.1%) $485,811 (1.7%) 1.09 9,580
2018-03-01 $299,900 (-0.9%) $483,483 (1.9%) 1.05 9,691
2018-04-01 $299,900 (0.0%) $483,597 (1.5%) 1.02 9,401
2018-05-01 $299,000 (-0.3%) $480,406 (1.3%) 1.00 9,063
2018-06-01 $294,751 (-1.7%) $475,315 (0.4%) 0.98 8,528
2018-07-01 $295,000 (-1.6%) $469,544 (0.2%) 0.99 8,138
2018-08-01 $289,700 (-3.1%) $461,943 (-1.3%) 0.97 7,931
2018-09-01 $289,000 (-3.0%) $458,725 (-1.6%) 0.97 8,005
2018-10-01 $290,000 (-2.8%) $463,489 (0.0%) 0.98 8,504
2018-11-01 $298,450 (-0.4%) $471,540 (0.3%) 1.01 9,148
2018-12-01 $294,900 (-1.7%) $471,086 (-1.3%) 1.02 9,833
2019-01-01 $294,450 (-1.8%) $477,653 (-0.6%) 1.02 10,451
2019-02-01 $298,400 (-0.5%) $478,046 (-1.6%) 1.01 11,072
2019-03-01 $298,786 (-0.4%) $480,461 (-0.6%) 0.98 10,787
2019-04-01 $298,340 (-0.5%) $478,520 (-1.1%) 0.95 10,327
2019-05-01 $295,000 (-1.3%) $475,925 (-0.9%) 0.92 9,625
2019-06-01 $292,500 (-0.8%) $473,216 (-0.4%) 0.91 8,836
2019-07-01 $291,500 (-1.2%) $468,091 (-0.3%) 0.91 8,284
2019-08-01 $294,636 (1.7%) $466,019 (0.9%) 0.93 7,973
2019-09-01 $297,091 (2.8%) $465,068 (1.4%) 0.95 7,823
2019-10-01 $299,000 (3.1%) $466,709 (0.7%) 0.96 7,754
2019-11-01 $299,900 (0.5%) $483,804 (2.6%) 0.98 8,007
2019-12-01 $302,497 (2.6%) $496,296 (5.4%) 1.01 8,041
2020-01-01 $307,000 (4.3%) $505,884 (5.9%) 1.03 8,217
2020-02-01 $317,000 (6.2%) $518,311 (8.4%) 1.04 8,200
2020-03-01 $319,999 (7.1%) $521,190 (8.5%) 1.00 7,983
2020-04-01 $314,500 (5.4%) $506,433 (5.8%) 0.99 7,800
2020-05-01 $319,500 (8.3%) $514,308 (8.1%) 0.97 7,198
2020-06-01 $324,950 (11.1%) $531,570 (12.3%) 0.96 6,494
2020-07-01 $325,000 (11.5%) $547,863 (17.0%) 0.94 5,909
2020-08-01 $325,000 (10.3%) $552,123 (18.5%) 0.93 5,443
2020-09-01 $323,333 (8.8%) $559,350 (20.3%) 0.93 5,092
2020-10-01 $325,000 (8.7%) $564,844 (21.0%) 0.93 4,852
2020-11-01 $324,900 (8.3%) $573,363 (18.5%) 0.95 4,591
2020-12-01 $324,019 (7.1%) $578,807 (16.6%) 0.96 4,350
2021-01-01 $319,900 (4.2%) $588,738 (16.4%) 0.95 3,805
2021-02-01 $321,575 (1.4%) $605,880 (16.9%) 0.94 2,920
2021-03-01 $334,950 (4.7%) $632,782 (21.4%) 0.95 2,134
2021-04-01 $349,450 (11.1%) $642,310 (26.8%) 0.95 1,923
2021-05-01 $364,000 (13.9%) $666,089 (29.5%) 0.97 1,659
2021-06-01 $370,725 (14.1%) $675,109 (27.0%) 0.98 1,802
2021-07-01 $375,000 (15.4%) $654,029 (19.4%) 0.99 1,878
2021-08-01 $394,850 (21.5%) $677,849 (22.8%) 1.05 1,951
2021-09-01 $399,000 (23.4%) $681,026 (21.8%) 1.06 1,976
2021-10-01 $424,900 (30.7%) $705,031 (24.8%) 1.13 1,928
2021-11-01 $429,500 (32.2%) $736,847 (28.5%) 1.15 1,854
2021-12-01 $437,000 (34.9%) $729,702 (26.1%) 1.18 1,821
2022-01-01 $430,000 (34.4%) $741,904 (26.0%) 1.16 1,636
2022-02-01 $468,125 (45.6%) $788,049 (30.1%) 1.22 1,533
2022-03-01 $488,500 (45.8%) $786,956 (24.4%) 1.22 1,681
2022-04-01 $495,000 (41.7%) $788,130 (22.7%) 1.18 1,973
2022-05-01 $499,000 (37.1%) $781,253 (17.3%) 1.14 2,526
2022-06-01 $499,450 (34.7%) $769,489 (14.0%) 1.11 3,219
2022-07-01 $485,250 (29.4%) $747,057 (14.2%) 1.09 3,921
2022-08-01 $475,000 (20.3%) $720,210 (6.3%) 1.10 4,198
2022-09-01 $465,000 (16.5%) $712,302 (4.6%) 1.09 4,230
2022-10-01 $459,900 (8.2%) $699,215 (-0.8%) 1.08 3,849
2022-11-01 $459,950 (7.1%) $710,957 (-3.5%) 1.11 3,958
2022-12-01 $465,000 (6.4%) $717,351 (-1.7%) 1.15 4,240
2023-01-01 $471,950 (9.8%) $719,056 (-3.1%) 1.17 4,530
2023-02-01 $479,500 (2.4%) $736,977 (-6.5%) 1.16 4,745
2023-03-01 $498,750 (2.1%) $750,498 (-4.6%) 1.18 5,112
2023-04-01 $499,000 (0.8%) $750,086 (-4.8%) 1.16 5,503
2023-05-01 $494,500 (-0.9%) $748,639 (-4.2%) 1.12 5,626
2023-06-01 $486,750 (-2.5%) $736,037 (-4.4%) 1.09 5,816
2023-07-01 $480,000 (-1.1%) $725,142 (-2.9%) 1.09 5,924
2023-08-01 $479,000 (0.8%) $716,311 (-0.5%) 1.10 5,938
2023-09-01 $470,000 (1.1%) $698,509 (-1.9%) 1.09 6,357
2023-10-01 $472,450 (2.7%) $699,954 (0.1%) 1.11 7,159
2023-11-01 $474,950 (3.3%) $707,121 (-0.5%) 1.13 7,943
2023-12-01 $475,415 (2.2%) $724,719 (1.0%) 1.16 8,449
Cape Coral's median listing price for 2023-12-01 was $475,415, a difference of $10,415 (2.2%) versus the prior year and $465 versus the prior month.

Cape Coral's median listing price comes in at 116% of the national average.

Cape Coral's average listing price for 2023-12-01 was $724,719, a difference of $7,368 (1.0%) versus the prior year and $17,598 versus the prior month.

For the 2023-12-01 period, Cape Coral had 8,449 MLS listings, a difference of 506 listings (6%) versus the prior month and 4,209 listings (99%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Cape Coral (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 67 days 1,785 sqft
2018-02-01 65 days 1,788 sqft
2018-03-01 62 days 1,789 sqft
2018-04-01 72 days 1,795 sqft
2018-05-01 75 days 1,787 sqft
2018-06-01 81 days 1,784 sqft
2018-07-01 85 days 1,785 sqft
2018-08-01 86 days 1,775 sqft
2018-09-01 85 days 1,772 sqft
2018-10-01 77 days 1,769 sqft
2018-11-01 71 days 1,767 sqft
2018-12-01 72 days 1,755 sqft
2019-01-01 74 days 1,756 sqft
2019-02-01 74 days 1,759 sqft
2019-03-01 76 days 1,761 sqft
2019-04-01 79 days 1,757 sqft
2019-05-01 85 days 1,753 sqft
2019-06-01 88 days 1,755 sqft
2019-07-01 92 days 1,756 sqft
2019-08-01 87 days 1,755 sqft
2019-09-01 82 days 1,755 sqft
2019-10-01 77 days 1,757 sqft
2019-11-01 68 days 1,763 sqft
2019-12-01 72 days 1,777 sqft
2020-01-01 75 days 1,779 sqft
2020-02-01 72 days 1,788 sqft
2020-03-01 67 days 1,794 sqft
2020-04-01 76 days 1,773 sqft
2020-05-01 86 days 1,796 sqft
2020-06-01 95 days 1,788 sqft
2020-07-01 90 days 1,774 sqft
2020-08-01 77 days 1,760 sqft
2020-09-01 74 days 1,752 sqft
2020-10-01 65 days 1,756 sqft
2020-11-01 61 days 1,740 sqft
2020-12-01 64 days 1,734 sqft
2021-01-01 62 days 1,722 sqft
2021-02-01 51 days 1,694 sqft
2021-03-01 47 days 1,696 sqft
2021-04-01 40 days 1,706 sqft
2021-05-01 39 days 1,722 sqft
2021-06-01 37 days 1,745 sqft
2021-07-01 40 days 1,748 sqft
2021-08-01 46 days 1,765 sqft
2021-09-01 49 days 1,768 sqft
2021-10-01 47 days 1,784 sqft
2021-11-01 46 days 1,779 sqft
2021-12-01 49 days 1,761 sqft
2022-01-01 49 days 1,754 sqft
2022-02-01 33 days 1,765 sqft
2022-03-01 29 days 1,761 sqft
2022-04-01 30 days 1,770 sqft
2022-05-01 31 days 1,756 sqft
2022-06-01 35 days 1,758 sqft
2022-07-01 40 days 1,757 sqft
2022-08-01 47 days 1,754 sqft
2022-09-01 54 days 1,757 sqft
2022-10-01 67 days 1,770 sqft
2022-11-01 73 days 1,767 sqft
2022-12-01 63 days 1,742 sqft
2023-01-01 59 days 1,732 sqft
2023-02-01 50 days 1,727 sqft
2023-03-01 45 days 1,737 sqft
2023-04-01 47 days 1,735 sqft
2023-05-01 54 days 1,734 sqft
2023-06-01 58 days 1,722 sqft
2023-07-01 65 days 1,726 sqft
2023-08-01 66 days 1,733 sqft
2023-09-01 66 days 1,729 sqft
2023-10-01 61 days 1,737 sqft
2023-11-01 60 days 1,743 sqft
2023-12-01 66 days 1,738 sqft
Cape Coral's median listing age (time on market) for 2023-12-01 was 66 days. This is 5% longer than the same period one year ago.

Cape Coral's median square footage for active listings during the 2023-12-01 period was 1,738 sqft. One year prior, the average listing was 1,742 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.