The housing market in Cocoa West, FL is very healthy. The median value for houses in this area is $126,600, which is significantly lower than the US median value of $338,100. In the past year, the US housing market experienced an appreciation rate of 8.27%, while homes in Cocoa West appreciated by 20.52%. This indicates that there is a strong demand for properties in this area and it would be a great place to consider investing in real estate.
The median home cost in Cocoa West is $126,600. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Cocoa West is up 26.8%.
Average Age of Homes
- The median age of Cocoa West real estate is 47 years old
The Rental Market in Cocoa West
- Renters make up 39.6% of the Cocoa West population
- 4.2% of houses and apartments in Cocoa West, 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.