Sell My House Fast in Cape Canaveral, Florida with an iBuyer

Cape Canaveral Real Estate Market Overview

Average Monthly Rent:

$905

Percentage Change in Home Price/Value:

4.9%

Median Home Value:

$309,000

Best Time To Sell Home:

N/A

Affordability Index:

102

Days To Sell House:

59

Job Market:

Fair

Public School Ranking:

18

Location and Weather

The city of Cape Canaveral is a barrier island located on the Atlantic coast of Florida. Separated by Merritt Island and the Indian River, it’s a seaward extension of Canaveral Island. Cape Canaveral’s layout consists of fine beaches, friendly hotels and quaint restaurants. The weather in this city is most desirable in January and throughout spring, as it’s cooler and less humid.

Summers in Cape Canaveral reach highs in the 90s and lows in the 70s, with around 15 inches of precipitation.

Population, Job Market and Cost of Living

Cape Canaveral’s population is 10,503, with a growth rate of 0.10% annually. The job market has increased by 1.9% over the last year. In ten years, job growth is predicted to be 42.2%. This city is home to the Kennedy Space Center and the 2nd busiest cruise port in the world, which provides a large job market for residents and attracts tourism. Engineering, arts, entertainment, and science are also large industries here.

The cost of living here is fairly inexpensive, as it is a smaller and more private city. Compared to the Florida and U.S. average cost of living, Cape Canaveral is considered more affordable.

Hottest Neighborhoods:

City Center, Samuel E. Phillips Parkway, Astronaut Blvd./Imperial Blvd./Ridgewood Ave./Adams Ave., North Atlantic Ave./E. Garfield Ave.

Average Monthly Rent in Cape Canaveral

The average monthly rent in Cape Canaveral is $905 for an average apartment size of 713 sq. feet.

Change in Home Value and Median Home Value

There has been a 4.9% increase in Cape Canaveral’s median home value over the last year. As of 2022, the median home value is $309,000.

Days to Sell a House

On average, homes in Cape Canaveral sell after 59 days on the market.

Affordability Index

The affordability index in Bradenton is 102. This number indicates increased affordability in this city.

Cape Canaveral Public School Ranking

The top ranked public schools are West Shore Junior/Senior High School, Edgewood Junior/Senior High School, Coco Beach Junior/Senior High School and Educational Horizons Charter School. This information is based on key statistics, reviews from students and parents and data from the U.S. Department of Education.

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