$5,759 Closing Credit*
$485,000
1,568 SqFt
4 Beds
•2 Baths
Ken Pierce, III, Listing Office: PIERCE FLORIDA 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 November 2023
At the same time last year, Cocoa was a Seller's Market.
Key Takeaway
Cocoa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cocoa, FL
How much do homes in Cocoa, FL cost?
Median Sold Price
$309,986
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$13(0%)
Key Takeaway
The sold price of homes in Cocoa has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | $58.5K | -18.8% |
| 2 Bedrooms | $195K | $195K | 0.0% |
| 3 Bedrooms | $300K | $300K | 0.0% |
| 4 Bedrooms | $357.8K | $374.9K | +4.8% |
| 5+ Bedrooms | $421.3K | $447.5K | +6.2% |
Summary: Cocoa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Rockledge | $367.5K | $380.1K | +3.4% |
| Merritt Island | $465.5K | $475K | +2.0% |
| Cocoa-Rockledge | $349.9K | $355.2K | +1.5% |
| Cocoa | $310K | $309.9K | 0% |
Housing Supply in Cocoa, FL
How many homes are available in Cocoa, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 363 | 378 | +4.1% |
Summary: The Cocoa real estate market had 378 homes for sale in November 2024, a 4.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 44 | 43 | -2.3% |
| 3 Bedrooms | 211 | 225 | +6.6% |
| 4 Bedrooms | 79 | 79 | 0.0% |
| 5+ Bedrooms | 26 | 27 | +3.8% |
Summary: The Cocoa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 3.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 44 | -32.3% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cocoa, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Cocoa in November 2024, down by 32.3% month-over-month. Of the 44 sold homes, 61% were sold under asking, 27% were sold at asking, and 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 68 Days | +39.4% |
Summary: Homes in Cocoa had an average of 68 days on market in Nov 2024, up by 39.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cocoa has remained consistent over time.
Summary: During November 2024, 44 homes were sold in Cocoa; 30% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
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.