Cape Canaveral
Housing Market
Median sale price $346,000, down 1.0% year over year, with homes going under contract in about 85 days.
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Housing Market Analyst
Prices are down 1.0% versus the prior year, but sellers are still collecting 90.5% 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.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- 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.
Where Cape Canaveral is hot — and where it isn't
Each dot is a community (19 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, down 1.0% from a year ago. Buyers are paying a median of $202 per square foot. The typical home goes under contract in about 85 days. Sellers are capturing 90.5% of their original asking price on average.
Cape Canaveral prices sit above the Brevard County median by roughly 9%. Zillow's home value index for Brevard County stands at $344,481. 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 37 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 August 6, 2026.
Cape Canaveral since 2012 — and where it’s heading
A median home here sold for $140,855 in 2012 and $317,811 over the last recorded year — 126% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (2,571 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)
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 sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
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 | — | 37 | |
| Mims | $450K | 11 | 60 | Open → |
| Indialantic | $610K | 8 | 52 | Open → |
Neighborhoods on the move
| Puerto Del Rio CondoCape Canaveral | $446K | ▲ -17% |
| Puerto Del Rio CondoCape Canaveral | $446K | ▼ 17% |
| Puerto Del Rio CondoCape Canaveral | $446K | 73 days |
Most active communities
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 37/100. 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?
Yes, modestly — the median sale price in Cape Canaveral is $346,000, down 1.0% versus the prior year, while sellers still capture 90.5% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in Cape Canaveral?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Puerto Del Rio Condo (-17%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which Cape Canaveral neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Puerto Del Rio Condo (73 days) — homes there go under contract well ahead of the market-wide pace of 85 days.
How does Cape Canaveral compare to the rest of Brevard County?
Cape Canaveral's median of $346,000 runs 9% above the county-wide median of $315,990, and homes here take 85 days to go under contract versus 51 county-wide.
Cape Canaveral housing market FAQ
What is the median home price in Cape Canaveral?
The median sale price in Cape Canaveral is currently $346,000, down 1.0% from a year ago, based on MLS sales data updated August 6, 2026.
Is Cape Canaveral a buyer's or seller's market right now?
The data currently favors buyers. Cape Canaveral scores 37 of 100 on the Momentum Score. 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 85 days, per current MLS data.
Are home prices in Cape Canaveral rising or falling?
Median sale prices are down 1.0% 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: August 6, 2026 at 7:18 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.