Is Cocoa, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cocoa is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Cocoa has remained a Seller's Market.

Key Takeaway

Cocoa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Cocoa, FL cost?

Median Sold Price

$250,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$17,236(+7.4%)

Key Takeaway

Homes in Cocoa have sold for 7.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $61.2K$75K
+22.4%
2 $126.7K$150K
+18.3%
3 $215.5K$250K
+16.0%
4 $260.8K$330K
+26.5%
5+ $310.1K$405K
+30.6%

Median Sold Price Compared To Nearby Cities

Rockledge
+28.5%
Cocoa-Rockledge
+25.8%
Merritt Island
+17.0%
Cocoa
+7.4%

How many homes are available in Cocoa, FL?

Number of Homes For Sale

May 2022Jun 2022%
170187+10.0%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 22
0.0%
2 2522
-12.0%
3 7286
+19.4%
4 6165
+6.6%
5+ 1012
+20.0%

Number of Homes Sold

May 2022Jun 2022%
3835-7.9%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cocoa, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Average Sale Time

Jun 2021Jun 2022%
7 Days4 Days-48.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cocoa 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 Cocoa, FL

Homes for sale in Cocoa, FL have reached 187. The number of listings in Cocoa, FL increased by 10% between May 2022 and June 2022. While the average time on the market in June 2022 was 4 days, the median list price was $250,000. Between May 2022 and June 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 22.4% more expensive, prices of 2 bedrooms properties increased by 18.3%, prices of 3 bedrooms properties increased by 16%, 4 bedrooms properties prices increased by 26.5%, prices of 5 bedrooms properties went up by 30.6%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 12%, number of 3 bedrooms homes increased by 19.4%, 4 bedrooms homes became 6.6% more available, number of 5 bedrooms homes increased by 20%. Cocoa, FL housing market in June 2022 saw over 15 listings sold above listed price, more than 5 sold at listed price and over 15 sold below.

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