$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-Rockledge, 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-Rockledge was a Seller's Market.
Key Takeaway
Cocoa-Rockledge 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-Rockledge, FL
How much do homes in Cocoa-Rockledge, FL cost?
Median Sold Price
$355,493
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,930(+1.7%)
Key Takeaway
Homes in Cocoa-Rockledge have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Cocoa-Rockledge was $355,493 in October 2024, up 1.7% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $162.5K | -4.4% |
| 2 Bedrooms | $238.6K | $242.5K | +1.6% |
| 3 Bedrooms | $336.7K | $340.2K | +1.1% |
| 4 Bedrooms | $396.1K | $401.8K | +1.4% |
| 5+ Bedrooms | $473K | $499K | +5.5% |
Summary: Cocoa-Rockledge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 5.5%.
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% |
| East Orange | $523.9K | $527.1K | +0.6% |
| Cocoa | $311.3K | $310K | -0.4% |
Housing Supply in Cocoa-Rockledge, FL
How many homes are available in Cocoa-Rockledge, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 889 | 901 | +1.3% |
Summary: The Cocoa-Rockledge real estate market had 901 homes for sale in October 2024, a 1.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 13 | +30.0% |
| 2 Bedrooms | 118 | 119 | +0.8% |
| 3 Bedrooms | 436 | 448 | +2.8% |
| 4 Bedrooms | 256 | 253 | -1.2% |
| 5+ Bedrooms | 69 | 68 | -1.4% |
Summary: The Cocoa-Rockledge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 1.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 161 | 131 | -18.6% |
Asking Price vs. Sold Price
79 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
14 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. 60.3% of homes here sold below asking price last month.
Summary: A total of 131 homes were sold or pending in Cocoa-Rockledge in October 2024, down by 18.6% month-over-month. Of the 131 sold homes, 60% were sold under asking, 29% were sold at asking, and 11% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 59 Days | +5.8% |
Summary: Homes in Cocoa-Rockledge had an average of 59 days on market in Oct 2024, up by 5.8% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cocoa-Rockledge has remained consistent over time.
Summary: During October 2024, 131 homes were sold in Cocoa-Rockledge; 36% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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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.