The housing market in Cocoa, FL (32927) is booming as the median value of homes there is currently $306,600. This is well below the US median house value of $338,100, yet the one year appreciation rate for homes in this area is an impressive 20.52%, much higher than the national average of 8.27%. With these figures, it's clear that investing in Cocoa real estate is a sound decision and can provide great returns for those hoping to buy a home or invest in rental properties.
The median home cost in Cocoa (zip 32927) is $306,600. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Cocoa (zip 32927) is up 26.8%.
Average Age of Homes
- The median age of Cocoa (zip 32927) real estate is 28 years old
The Rental Market in Cocoa (zip 32927)
- Renters make up 17.3% of the Cocoa (zip 32927) population
- 0.8% of houses and apartments in Cocoa (zip 32927), 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.