Cocoa, FL 32922 Real Estate Market Report

ZIP Code: 32922
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Cocoa, FL (ZIP: 32922) is characterized by a median sold price of $214,500, reflecting a slight downward trend in home values. The neighborhood has decreased 8% since 2022, indicating a shift in market dynamics that may be influencing buyer sentiment. The median listing price stands at $237,497, suggesting a notable gap between seller expectations and actual market performance, which could lead to pricing friction in negotiations.

Transaction activity appears to be moderate, with 404 median days on market, indicating slower sales velocity. This extended time frame for sales may suggest a market adjusting to elevated inventory levels, as evidenced by the excess supply relative to sales activity. Overall, the market temperature is described as neutral, reflecting a balance between buyer and seller interests, yet the current conditions may favor buyers due to the recent price declines and longer selling periods.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Cocoa FL 32922 are averaging 6.52%, which is 0.88% higher than the average rate of 5.64% seen when loans originated in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $214,500 indicates a decreasing trend in home values, down 8% since 2022.

2. With a median listing price of $237,497, there is a significant gap compared to sold prices, suggesting potential pricing friction in negotiations.

3. The median days on market of 404 reflects a slower sales velocity, indicating that properties are taking longer to sell.

4. Elevated inventory levels suggest an excess supply relative to sales activity, which may impact future pricing strategies.

5. The median market rent of $1,834 is also down, indicating a softening rental market that may affect overall investment appeal.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.