$3,681 Closing Credit*
$310,000
2,526 SqFt
3 Beds
•2 Full Baths
#1029901, Russell Edward Thompson, Listing Office: EXP Realty LLC
Is Cocoa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cocoa was a Seller's Market.
Key Takeaway
Cocoa is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cocoa, FL
How much do homes in Cocoa, FL cost?
Median Sold Price
$310,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,333(-0.4%)
Key Takeaway
The sold price of homes in Cocoa has remained the same since last year.
Summary: The median home sold price in Cocoa was $310,000 in October 2024, down 0.4% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50.5K | $62K | +22.8% |
| 2 Bedrooms | $190K | $198K | +4.2% |
| 3 Bedrooms | $300K | $300K | 0.0% |
| 4 Bedrooms | $356.4K | $375K | +5.2% |
| 5+ Bedrooms | $422.5K | $446K | +5.6% |
Summary: Cocoa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.8%, 2 bedroom homes increased by 4.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Rockledge | $365K | $379.9K | +4.1% |
| Merritt Island | $462.1K | $475.7K | +2.9% |
| Cocoa-Rockledge | $349.5K | $355.4K | +1.7% |
| Cocoa | $311.3K | $310K | -0.4% |
Housing Supply in Cocoa, FL
How many homes are available in Cocoa, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 364 | 374 | +2.7% |
Summary: The Cocoa real estate market had 374 homes for sale in October 2024, a 2.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 42 | 47 | +11.9% |
| 3 Bedrooms | 213 | 218 | +2.3% |
| 4 Bedrooms | 82 | 80 | -2.4% |
| 5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Cocoa housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 59 | -6.3% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cocoa, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in Cocoa in October 2024, down by 6.3% month-over-month. Of the 59 sold homes, 54% were sold under asking, 25% were sold at asking, and 20% were sold over asking.
Days on Market for Cocoa, FL
How long does it take to sell a home in Cocoa, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 71 Days | 52 Days | -26.3% |
Summary: Homes in Cocoa had an average of 52 days on market in Oct 2024, down by 26.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cocoa has remained consistent over time.
Summary: During October 2024, 59 homes were sold in Cocoa; 31% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.