Market Overview
Home Prices in Cocoa, FL
The median home value in Cocoa, FL is $300,076 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.6% compared to a year ago and down 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cocoa are priced27% below average. Cocoa is part of the Palm Bay-Melbourne-Titusville, FL metro area.
Over the past five years, Cocoa home values have risen by approximately23.3%, reflecting strong long-term appreciation in this market.
Price History
Cocoa Home Price Trend
City Comparison
Cocoa vs. National Median
At $300,076, homes in Cocoa cost 27% below the national median of $410,000. This makes Cocoa a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cocoa?
20% Down Payment
$60,015
on $300,076
Monthly P&I
$1,565/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,988/mo
incl. taxes & insurance
Income Needed
$79,520
gross annual (30% rule)
10% Down Option
$30,008
+ PMI applies
Loan Amount (20% dn)
$240,061
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cocoa, FL?
The median home value in Cocoa is $300,076 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.6% year-over-year.
How much have home prices changed in Cocoa?
Over the past year, home values in Cocoa have decreased by 0.6%. Over five years, prices have risen approximately 23.3%.
How much do I need to earn to buy a home in Cocoa?
To comfortably afford the median home price of $300,076 with a 20% down payment ($60,015) at today's rates (6.8%), you'd need a gross annual income of approximately $79,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Cocoa compare to the national average home price?
The national median home value is approximately $410,000. At $300,076, homes in Cocoa are 27% below the national average.
What metro area is Cocoa part of?
Cocoa is part of the Palm Bay-Melbourne-Titusville, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.