Cocoa, FL is a great place to live with excellent housing options. The median value of homes in Cocoa is lower than the national median, and yet it boasts an impressive one year appreciation rate of 20.52%, more than double the national rate of 8.27%. This means that buying a home in Cocoa is a great investment opportunity, with potential for substantial growth over time. With its low cost of living and strong housing market, Cocoa is an ideal choice for anyone looking to buy a home.
The median home cost in Cocoa is $299,700. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Cocoa is up 26.8%.
Average Age of Homes
- The median age of Cocoa real estate is 45 years old
The Rental Market in Cocoa
- Renters make up 38.3% of the Cocoa population
- 7.2% of houses and apartments in Cocoa, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.