Cocoa, FL 32922 Real Estate Market Report

ZIP Code: 32922
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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 are averaging 6.2%, which is higher than the sub-6% rates observed in early 2026, indicating that property owners who secured loans during that period hold a favorable interest rate.

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 primary market signal is the median sold price of 230,000, which anchors recent transaction values and, when compared to the median listing price of 261,643, may indicate pricing friction between seller expectations and closed transactions.

2. The median days on market of 322 suggests notably slower sales velocity and longer listing lifecycles, which may indicate softer liquidity or heightened negotiation time for SFR and condo transactions.

3. Rents are cooling: the median market rent is 1,250 and the rent year-over-year trend is down, signaling modest downward pressure on rental income assumptions for investors in the submarket.

4. Market context is balanced overall—market temperature is neutral—but elevated financing costs (current 30-year fixed mortgage rates averaging 6.2% and interest rate pressure labeled elevated) create a headwind for affordability and transaction activity, elevated interest rate pressure.

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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.

Cocoa, FL 32922 Real Estate Market Report

ZIP Code: 32922
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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 are averaging 6.2%, which is higher than the sub-6% rates observed in early 2026, indicating that property owners who secured loans during that period hold a favorable interest rate.

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 primary market indicator, median sold price, is 513,500, which represents the most reliable signal of realized value in recent transactions and, when compared to the median listing price, suggests a notable gap between asking and achieved prices; down price momentum reinforces caution for sellers.

2. The market shows slow liquidity with a median days on market of 343, which points to slower sales velocity and implies that pricing discipline or concessions may be required to close transactions in a timely manner.

3. Market structure is broadly balanced with a market temperature of neutral, yet price year-over-year trend is down and interest rate pressure is elevated—this combination suggests a balanced buyer-seller dynamic but with downside risk from financing costs and moderate sensitivity to rate-driven demand shifts. Current mortgage conditions note that 30-year fixed rates are averaging 6.2%, higher than sub-6% rates observed earlier in 2026, which benefits owners who locked lower rates.

4. Rental dynamics are mixed: median market rent is 1,200 while rent year-over-year trend is down, indicating steady underlying demand but slight softness in rent levels that may pressure investor cash-flow assumptions in the near term.

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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.