Sell My House Fast in Cocoa, Florida with an iBuyer

Cocoa Real Estate Market Overview

Average Monthly Rent:

$932

Percentage Change in Home Price/Value:

25.6%

Median Home Value:

$295,000

Best Time To Sell Home:

September

Affordability Index:

115

Days To Sell House:

46

Job Market:

Fair

Public School Ranking:

18

Location and Weather

The historic city of Cocoa is located in Brevard County, only a short distance from Port Canaveral, the Kennedy Space Center, and a vast amount of beautiful beaches. This family-friendly small town is home to a quaint shopping district, incredible water-front restaurants, and historic landmarks such as the Historic Cocoa Village Playhouse, Porcher House, Derby Street Chapel, and the Moore Center. Local events including the 4th of July, BBQ & Blues, and Halloween in the Village are also big attractions for the residents and tourists here.

The hot, tropical climate of this city offers well distributed rainfall, a short dry period, and plenty of sunshine.

Population, Job Market and Cost of Living

The population in Cocoa is 18,675, with a growth rate of 0.10% annually. The job market has increased by 1.9% in the last year. In ten years, job growth is predicted to be 42.2%. Some of the largest industries in this city are trade, transportation and utilities, professional and business services, government, and manufacturing. Due to the tourism Cocoa gets throughout the year, the leisure and hospitality industry also thrives here. As a part of Brevard County, the economy shares the perks of a strong educational, exploration, and technology job sector as well.

Attractive taxes, wage climate, and low housing costs make this city an affordable place to live, with overall living costs that are lower than both the Florida and U.S. average.

Hottest Neighborhoods:

Cocoa North, Historic Cocoa Village, Diamond Square, Crestview Acres, Dixion’s

Average Monthly Rent in Cocoa

The average monthly rent in Cocoa is $932 for an average apartment size of 704 sq. feet.

Change in Home Value and Median Home Value

There has been a 25.6% increase in Cocoa’s median home value over the last year. As of 2022, the median home value is $295,000.

Days to Sell a House

On average, homes in Cocoa sell after 46 days on the market.

Best Time to Sell a House in Cocoa

The best time for a homeowner to sell their house for the most amount of money in the shortest amount of time is during September.

Affordability Index

The affordability index in Cocoa is 115. This number indicates increased affordability in this city.

Cocoa Public School Ranking

The top ranked public schools are Enterprise Elementary School, Challenger 7 Elementary School, Space Junior/Senior High School, Emma Jewel Charter Academy, and Cocoa High School. This information is dependent on data measuring academic performance and equity.

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