Altos Market Data for Realtors

Cape Canaveral, FL 32920

Single-Family Homes

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Cape Canaveral, FL 32920

Fri Jan 10 2025
This week the median list price for Cape Canaveral, FL 32920 is $555,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 5. Click here to stay informed with the Cape Canaveral market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Cape Canaveral, FL 32920

Fri Jan 10 2025
This week the median list price for Cape Canaveral, FL 32920 is $555,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 5. Click here to stay informed with the Cape Canaveral market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cape Canaveral market.
Median List Price $555,000
Median Price of New Listings $0
Per Square Foot $330
Average Days on Market 73
Median Days on Market 70
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 37
Slight Seller's Advantage

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$788,000 2,394 0.25 - 0.5 acre 4 3 9 0 0 28
$750,000 2,268 4,500 - 6,500 sqft 3 2.5 27 0 0 70
$555,000 1,348 4,500 - 6,500 sqft 3 2 66 0 0 70
$451,999 1,314 0 - 4,500 sqft 2 2.3 45 0 0 98