$5,759 Closing Credit*
$485,000
1,568 SqFt
4 Beds
•2 Baths
Ken Pierce, III, Listing Office: PIERCE FLORIDA REALTY LLC
Is Cocoa-Rockledge, 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-Rockledge was a Seller's Market.
Key Takeaway
Cocoa-Rockledge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cocoa-Rockledge, FL
How much do homes in Cocoa-Rockledge, FL cost?
Median Sold Price
$355,257
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,317(+1.5%)
Key Takeaway
Homes in Cocoa-Rockledge have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Cocoa-Rockledge was $355,257 in November 2024, up 1.5% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $173K | $160K | -7.5% |
| 2 Bedrooms | $237.9K | $244.7K | +2.9% |
| 3 Bedrooms | $337.6K | $340K | +0.7% |
| 4 Bedrooms | $400K | $398K | -0.5% |
| 5+ Bedrooms | $470.7K | $505K | +7.3% |
Summary: Cocoa-Rockledge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 7.3%.
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% |
| East Orange | $522.2K | $529.6K | +1.4% |
| Cocoa | $310K | $309.9K | 0% |
Housing Supply in Cocoa-Rockledge, FL
How many homes are available in Cocoa-Rockledge, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 872 | 914 | +4.8% |
Summary: The Cocoa-Rockledge real estate market had 914 homes for sale in November 2024, a 4.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 11 | +22.2% |
| 2 Bedrooms | 115 | 113 | -1.7% |
| 3 Bedrooms | 428 | 465 | +8.6% |
| 4 Bedrooms | 254 | 255 | 0.4% |
| 5+ Bedrooms | 66 | 70 | +6.1% |
Summary: The Cocoa-Rockledge housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 144 | 119 | -17.4% |
Asking Price vs. Sold Price
72 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cocoa-Rockledge, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.
Summary: A total of 119 homes were sold or pending in Cocoa-Rockledge in November 2024, down by 17.4% month-over-month. Of the 119 sold homes, 61% were sold under asking, 32% were sold at asking, and 8% were sold over asking.
Days on Market for Cocoa-Rockledge, FL
How long does it take to sell a home in Cocoa-Rockledge, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 63 Days | +36.5% |
Summary: Homes in Cocoa-Rockledge had an average of 63 days on market in Nov 2024, up by 36.5% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
35 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cocoa-Rockledge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 119 homes were sold in Cocoa-Rockledge; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 29% 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.