Is Cape Canaveral, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cape Canaveral was a Seller's Market.
Housing Prices in Cape Canaveral, FL
How much do homes in Cape Canaveral, FL cost?
Median Sold Price
$350,666
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cape Canaveral was $350,666 in April 2024, up 1.9% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.7K | $189.2K | +6.5% |
2 Bedrooms | $325K | $329K | +1.2% |
3 Bedrooms | $477.5K | $475K | -0.5% |
4 Bedrooms | $422K | $750K | +77.7% |
5+ Bedrooms | $620K | $1.1M | +88.9% |
Summary: Cape Canaveral housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 77.7%, and 5+ bedroom homes increased by 88.9%.
Median Sold Price Compared To Nearby Cities
Cocoa Beach | $475K | $505.6K | +6.5% |
Cocoa Beach-Cape Canaveral | $399.3K | $414.3K | +3.8% |
Cape Canaveral | $344K | $350.6K | +1.9% |
Housing Supply in Cape Canaveral, FL
How many homes are available in Cape Canaveral, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
187 | 217 | +16.0% |
Summary: The Cape Canaveral real estate market had 217 homes for sale in April 2024, a 16.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 22 | +10.0% |
2 Bedrooms | 99 | 115 | +16.2% |
3 Bedrooms | 56 | 69 | +23.2% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Cape Canaveral housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 23.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 27 | -10.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Cape Canaveral in April 2024, down by 10.0% month-over-month. Of the 27 sold homes, 70% were sold under asking, 22% were sold at asking, and 7% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 50 Days | -11.3% |
Summary: Homes in Cape Canaveral had an average of 50 days on market in Apr 2024, down by 11.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Cape Canaveral; 48% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.