The Cape Coral–Fort Myers metro area has earned national recognition, ranking No. 13 on Realtor.com’s 2025 list of Top Metros for New Construction. The report highlights housing markets where builders are stepping up to deliver affordable, sustainable homes in response to growing buyer demand.
Key Highlights for the Cape Coral–Fort Myers Market
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18.3% of local listings represent new construction.
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Newly built homes are priced, on average, 13.1% lower than existing homes.
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The metro ranks as one of the most affordable places in Florida to purchase a new home.
This strong supply of affordable new homes positions the Cape Coral–Fort Myers area as a leading destination for buyers seeking value in today’s competitive market.
National Perspective
Realtor.com’s report notes that Fayetteville, Arkansas; Boise, Idaho; and Nashville, Tennessee took the top three spots, with Southern and mid-sized cities driving much of the growth. Analysts also emphasized that new construction is playing a critical role in offsetting the nation’s housing shortage of nearly 4 million homes, helping improve both inventory and affordability as mortgage rates remain elevated.
