Market Brief
Cocoa had 244 homes for sale and 92 under contract or pending on October 30, 2026, about 2.7 to 1, weeks after a $57 million federal grant fully funded a Brightline station planned in the city.
What is for sale in Cocoa, Rockledge, Merritt Island, Cocoa Beach and Cape Canaveral as Cocoa's Brightline station gets its federal funding.
A planned Brightline station in Cocoa near State Road 528 is now fully funded after a $57 million federal grant to the City of Cocoa, FOX 35 Orlando reported on October 6, 2026. Cocoa will own the station and Brightline will operate it; no construction start date has been set. Our live MLS data shows the city's housing market already moving faster than Brevard County as a whole. On October 30, 2026, Cocoa had 244 active listings and 92 under contract or pending, about 2.7 to 1, with a median asking price of $310,000. Across the five cities nearest the station, the figure was 914 active and 271 in contract, 3.4 to 1, against 3.1 to 1 countywide. All MLS figures are ours, computed from Space Coast MLS records; information is deemed reliable but not guaranteed.
This article looks at the area around the planned station. Our October 26 article on Palm Bay new construction contracts covered the south county new-home market, and our October 28 article on Cocoa Beach condo contracts covered the beachside condo market. Completed-month figures are in our Space Coast closed sales and Space Coast median price articles, and the full series is on the Space Coast market data hub.
What was announced for Cocoa's Brightline station?
FOX 35 Orlando reported that the station is planned near State Road 528 and would link Cocoa and Port Canaveral with Brightline's South Florida destinations. Metro Magazine reported on October 8 that the project includes an in-line rail station, a multi-use access road and a new segment of double track. Neither report gave a total project cost or a construction schedule, and officials said more details are expected in early 2027. Brightline's chief executive acknowledged the company's financial problems and said its debt had been restructured.
A station that is funded is still years from service, so today's prices reflect today's market, not a train schedule. What the data can show is where the supply and contracts sit in the cities closest to the site.
How many homes are for sale near the planned station?
| City | Active | Under contract or pending | Active per contract | Median asking price | Main property type |
|---|---|---|---|---|---|
| Cocoa | 244 | 92 | 2.7 | $310,000 | Single-family (185 active) |
| Rockledge | 161 | 59 | 2.7 | $379,999 | Single-family (111 active) |
| Merritt Island | 189 | 58 | 3.3 | $475,000 | Single-family (142 active) |
| Cocoa Beach | 187 | 38 | 4.9 | $559,900 | Condo (149 active) |
| Cape Canaveral | 133 | 24 | 5.5 | $319,000 | Condo (104 active) |
| Five cities combined | 914 | 271 | 3.4 | $369,450 | |
| Brevard County, all | 3,601 | 1,160 | 3.1 | $360,000 |
Source: Momentum Research, computed from Space Coast MLS records, live map snapshot, October 30, 2026. In contract combines Pending and Under Contract. City follows the listing record. Deemed reliable but not guaranteed.
The mainland cities were the tightest. Single-family homes in Cocoa ran at 185 active against 83 in contract, about 2.2 to 1, at a median asking price of $343,000, and Rockledge single-family homes ran at 111 against 54, about 2.1 to 1, at $444,900. Brevard single-family homes overall ran at 2.7 to 1 with a median of $385,000. The beachside cities were slower because of condo supply: Cocoa Beach condos ran at 149 active against 33 in contract and Cape Canaveral condos at 104 against 14.
Which Cocoa price ranges are moving fastest?
| Cocoa asking price | Active | In contract | Active per contract |
|---|---|---|---|
| Under $200,000 | 48 | 14 | 3.4 |
| $200,000 to $299,999 | 64 | 21 | 3.0 |
| $300,000 to $399,999 | 74 | 25 | 3.0 |
| $400,000 and up | 58 | 32 | 1.8 |
Source: Momentum Research, live map snapshot, October 30, 2026. Deemed reliable but not guaranteed.
The top tier in Cocoa was the fastest, with 1.8 active homes per contract, and the median price of homes in contract ($352,500) was above the median asking price of active homes. New construction is a small part of Cocoa's market: 16 of the 244 active listings carried the new-construction flag, and Taylor Morrison's sales office listed 10 of Cocoa's 22 new-construction homes, active or in contract. More is on our Cocoa new construction homes page.
What changed around Cocoa in the last two weeks?
From October 16 to 29, 2026, our change log recorded 76 new listings in Cocoa, 34 homes going under contract and 80 price reductions at a median cut of 2.37 percent. Rockledge logged 74 new listings, 22 new contracts and 33 cuts; Merritt Island 61 new listings, 19 contracts and 59 cuts. In Cocoa Beach and Cape Canaveral the median cut was larger, 4.01 and 4.40 percent, against 2.74 percent across Brevard. Our Brevard County price cuts page tracks reductions by city.
What should buyers watching the station compare?
The station has no opening date, so buyers comparing Cocoa with other Space Coast cities should weigh carrying costs as closely as the price. Insurance, flood exposure and association fees vary by street and community. On October 30, 19 of Cocoa's 244 active listings carried a flood zone flag on the listing record. Compare the Cocoa home insurance cost, Rockledge home insurance cost, Merritt Island home insurance cost, Cocoa flood zones by neighborhood, cost of living in Cocoa and Brevard County HOA fees by community pages.
People also ask
Where will the Brightline station in Cocoa be?
FOX 35 Orlando reported on October 6, 2026 that the station is planned in Cocoa near State Road 528. The City of Cocoa will own it and Brightline will operate it. No construction start date has been announced.
How much are homes in Cocoa, Florida right now?
On October 30, 2026, the median asking price of the 244 active listings in Cocoa was $310,000, and single-family homes asked a median of $343,000.
Is the Cocoa housing market faster than the rest of Brevard County?
Yes, by contract pace. Cocoa had 2.7 active listings per contract on October 30, 2026, against 3.1 across Brevard County.
Limitations
MLS figures are a single live snapshot taken October 30, 2026, plus the change log for October 16 to 29; they are not monthly totals. In contract combines Pending and Under Contract. City follows the listing record and may differ from city limits. The flood zone flag reflects the listing record, not a flood determination. Station facts come from news reports dated October 6 and October 8, 2026; the project has no published cost or schedule, and this article does not predict its effect on prices. This article is general information, not advice about any specific property or transaction.
Sources
- Momentum Research, computed from Space Coast MLS records, Brevard County, live map snapshot October 30, 2026, and change log October 16 to 29, 2026. Information is deemed reliable but not guaranteed.
- FOX 35 Orlando, Brevard County Brightline station fully funded with $57 million federal grant, October 6, 2026.
- Metro Magazine, USDOT awards $416 million for Florida rail crossing safety upgrades and new Brightline station, October 8, 2026.
- Space Coast market data hub, Momentum Research.
Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.
Market statistics in this article are computed from MLS data licensed by Momentum Realty, and are current as of the date shown. Data may be preliminary and subject to revision by its source. This article is general information, not advice about any specific property, transaction, or financial decision, and is not a representation about any specific property, community, builder, or association.
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