Cape Canaveral
Housing Market
Median sale price $346,000, up 3.6% year over year, with homes going under contract in about 81 days, 44 homes on the market.
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Housing Market Analyst
Inventory sits at 7.3 months of supply — heavy by the 3-to-6-month balanced benchmark, and 33% of listed homes are already under contract. Prices are up 3.6% versus the prior year and sellers are still collecting 90.6% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors buyers.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 33% of inventory sits under contract.
- Mortgage sensitivity — at 4.5× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Cape Canaveral data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where Cape Canaveral is hot — and where it isn't
Each dot is a community (27 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Cape Canaveral
The median sale price across Cape Canaveral currently stands at $346,000, up 3.6% from a year ago. Buyers are paying a median of $224 per square foot. The typical home goes under contract in about 81 days. Sellers are capturing 90.6% of their original asking price on average.
There are 44 active listings on the market, with 18 more already under contract. At the current sales pace that works out to 7.3 months of supply — a buyer-leaning market by the standard six-month benchmark. 94 homes closed here over the trailing 12 months.
Cape Canaveral prices sit above the Brevard County median by roughly 8%. Zillow's home value index for Brevard County stands at $344,703. About 29% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Cape Canaveral is 41 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
Cape Canaveral since 2012 — and where it’s heading
A median home here sold for $137,852 in 2012 and $323,704 over the last recorded year — 135% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (2,561 recorded sales)
Days on market by year
Home value trend · Brevard County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Brevard County (MLS)
Median price · daily recalculation
What’s driving Cape Canaveral
Top inbound states: NY, CA, TX, GA. Movers arriving report ~$80,978 average income. Source: IRS SOI county-to-county migration, 2022-2023
6,986 Citizens policies in force in Brevard County — the state-backed insurer of last resort. Budget insurance into any Brevard purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
3,376 single-family · 1,248 multi-family · 7.5 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in Cape Canaveral right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Brevard County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Cape Canaveral ← this page | $346K | 44 | 41 | |
| Melbourne | $390K | 230 | 63 | Open → |
| Palm Bay | $318K | 168 | 48 | Open → |
| Cocoa | $329K | 115 | 69 | Open → |
| Merritt Island | $440K | 71 | 52 | Open → |
| Titusville | $288K | 70 | 47 | Open → |
Neighborhoods on the move
| Cape Canaveral Beach GdnsCape Canaveral | $330K | 6 |
| The Plaza CondoCape Canaveral | $95K | 6 |
| Puerto Del Rio CondoCape Canaveral | $442K | 5 |
| The Seaport Ocean Front CondoCape Canaveral | $515K | 3 |
| Royal Mansion CondoCape Canaveral | $280K | 2 |
Cape Canaveral ZIP codes
Most active communities
More on Cape Canaveral
Put this data to work
The questions people actually ask
Should I buy a house in Cape Canaveral right now?
The data says conditions currently favor buyers in Cape Canaveral — the Momentum Score reads 41/100 with 7.3 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Cape Canaveral becoming more affordable?
No — the median sale price in Cape Canaveral is $346,000, up 3.6% versus the prior year, while sellers still capture 90.6% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
How does Cape Canaveral compare to the rest of Brevard County?
Cape Canaveral's median of $346,000 runs 8% above the county-wide median of $319,000, and homes here take 81 days to go under contract versus 50 county-wide.
Cape Canaveral housing market FAQ
How is the housing market in Cape Canaveral right now?
As of September 15, 2026, the Cape Canaveral housing market favors buyers: the median sale price is $346,000 (up 3.6% year over year), 44 homes are for sale against 94 sales in the last 12 months, which is 7.3 months of supply, and the typical home goes under contract in about 81 days.
How much is a house in Cape Canaveral?
The median home sold for $346,000 in Cape Canaveral over the last 12 months, about $224 per square foot; asking prices on the 44 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Cape Canaveral?
By the numbers, sellers in Cape Canaveral are getting 90.6% of asking price and going under contract in about 81 days with 7.3 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Cape Canaveral housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Cape Canaveral median sale prices are up 3.6% year over year, inventory stands at 7.3 months of supply, and 33% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Cape Canaveral?
The median sale price in Cape Canaveral is currently $346,000, up 3.6% from a year ago, based on MLS sales data updated September 15, 2026.
Is Cape Canaveral a buyer's or seller's market right now?
The data currently favors buyers. Cape Canaveral scores 41 of 100 on the Momentum Score, with 7.3 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Cape Canaveral?
The typical home in Cape Canaveral goes under contract in about 81 days, per current MLS data.
How many homes are for sale in Cape Canaveral?
There are approximately 44 active listings in Cape Canaveral as of September 15, 2026.
Are home prices in Cape Canaveral rising or falling?
Median sale prices are up 3.6% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across Cape Canaveral. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 15, 2026 at 7:33 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.