Is Cape Canaveral, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cape Canaveral is a neutral's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Cape Canaveral was a Seller's Market.

Key Takeaway

Cape Canaveral is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Cape Canaveral, FL cost?

Median Sold Price

$310,500

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$40,625(+15.1%)

Key Takeaway

Homes in Cape Canaveral have sold for 15.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $132K$175K
+32.6%
2 $250K$305K
+22.0%
3 $380K$444.2K
+16.9%
4 $405K$655.5K
+61.9%
5+ $420K$810K
+92.9%

Median Sold Price Compared To Nearby Cities

Cocoa Beach
+20.0%
Cape Canaveral
+15.1%
Cocoa Beach-Cape Canaveral
+11.6%

How many homes are available in Cape Canaveral, FL?

Number of Homes For Sale

Sep 2022Oct 2022%
122123+0.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 1615
-6.3%
2 6673
+10.6%
3 3329
-12.1%
4 34
+33.3%
5+ 42
-50.0%

Number of Homes Sold

Sep 2022Oct 2022%
3320-39.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cape Canaveral, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
30 Days37 Days+22.8%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cape Canaveral are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Cape Canaveral, FL

Cape Canaveral, FL has 123 homes for sale to choose from. The number of listings in Cape Canaveral, FL increased by 0.8% between September 2022 and October 2022. In October 2022 median list price was $310,500 and the average listing age was 37 days. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 32.6% more expensive, prices of 2 bedrooms properties increased by 22%, 3 bedrooms properties prices increased by 16.9%, prices of 4 bedrooms properties increased by 61.9%, prices of 5 bedrooms properties went up by 92.9%. Volume of homes for sale changed: volume of 1 bedroom homes went down by 6.3%, number of 2 bedrooms homes increased by 10.6%, 3 bedrooms homes became 12.1% less available, 4 bedrooms homes inventory increased by 33.3%, 5 bedrooms homes inventory decreased by 50%. In October 2022 more than 2 listings in Cape Canaveral, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 12 were sold below.

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