$5,997 Closing Credit*
$505,000
2,032 SqFt
3 Beds
•2 Full Baths
#1032235, Mary Gal, Listing Office: Seaside Realty of Brevard
Is Cape Canaveral, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cape Canaveral has remained a Buyer's Market.
Key Takeaway
Cape Canaveral is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cape Canaveral, FL
How much do homes in Cape Canaveral, FL cost?
Median Sold Price
$351,666
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,416(-0.7%)
Key Takeaway
Homes in Cape Canaveral have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Cape Canaveral was $351,666 in November 2024, down 0.7% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $183K | $160K | -12.6% |
| 2 Bedrooms | $329K | $325K | -1.2% |
| 3 Bedrooms | $466.2K | $460K | -1.3% |
| 4 Bedrooms | $497K | $750K | +50.9% |
| 5+ Bedrooms | $742.5K | $1.3M | +87.5% |
Summary: Cape Canaveral housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 50.9%, and 5+ bedroom homes increased by 87.5%.
Median Sold Price Compared To Nearby Cities
| Cocoa Beach-Cape Canaveral | $399.4K | $396.9K | -0.6% |
| Cape Canaveral | $354K | $351.6K | -0.7% |
| Cocoa Beach | $484.8K | $466.6K | -3.7% |
Housing Supply in Cape Canaveral, FL
How many homes are available in Cape Canaveral, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 183 | 205 | +12.0% |
Summary: The Cape Canaveral real estate market had 205 homes for sale in November 2024, a 12.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 35 | 38 | +8.6% |
| 2 Bedrooms | 86 | 102 | +18.6% |
| 3 Bedrooms | 48 | 53 | +10.4% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Cape Canaveral housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cape Canaveral, you may be able to get a good deal. 81% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Cape Canaveral in November 2024, down by 12.5% month-over-month. Of the 21 sold homes, 81% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Cape Canaveral, FL
How long does it take to sell a home in Cape Canaveral, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 68 Days | +37.1% |
Summary: Homes in Cape Canaveral had an average of 68 days on market in Nov 2024, up by 37.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cape Canaveral has remained consistent over time.
Summary: During November 2024, 21 homes were sold in Cape Canaveral; 33% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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