Is Cape Canaveral, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$350,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Cape Canaveral was $350,000 in June 2024, down 1.4% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179K | $184K | +2.8% |
2 Bedrooms | $328K | $335K | +2.1% |
3 Bedrooms | $494.9K | $475K | -4.0% |
4 Bedrooms | $497K | $900K | +81.1% |
5+ Bedrooms | $620K | $1.4M | +131.2% |
Summary: Cape Canaveral housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 81.1%, and 5+ bedroom homes increased by 131.2%.
Median Sold Price Compared To Nearby Cities
Cocoa Beach | $455.2K | $508.1K | +11.6% |
Cocoa Beach-Cape Canaveral | $394.9K | $415.7K | +5.3% |
Cape Canaveral | $355K | $350K | -1.4% |
Housing Supply in Cape Canaveral, FL
How many homes are available in Cape Canaveral, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
212 | 215 | +1.4% |
Summary: The Cape Canaveral real estate market had 215 homes for sale in June 2024, a 1.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 33 | 36 | +9.1% |
2 Bedrooms | 97 | 98 | +1.0% |
3 Bedrooms | 68 | 65 | -4.4% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Cape Canaveral housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
30 | 24 | -20.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Cape Canaveral in June 2024, down by 20.0% month-over-month. Of the 24 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
43 Days | 63 Days | +44.0% |
Summary: Homes in Cape Canaveral had an average of 63 days on market in Jun 2024, up by 44% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 24 homes were sold in Cape Canaveral; 25% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.