Is Cape Canaveral, FL 32920 a buyer’s or seller’s market?
Cape Canaveral is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 1% of U.S. ZIP codes, and #728 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Cape Canaveral housing market right now
In the three months ending August 31, 2026, 0% of homes in Cape Canaveral, FL 32920 sold above their list price, the typical home went under contract in 85 days and there were 5.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 76 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (1% then), homes sold faster (113 days then) and the median sale price rose 3% to $309,866. Overall, Cape Canaveral is more competitive than a year ago, so tougher for buyers.
Within Brevard County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Cape Canaveral ranks #728 of 796 FL ZIP codes with enough sales (score 5 out of 100).
Nearby, Malabar 32950 (18% sold over asking) and Palm Bay 32908 (16% sold over asking) are even more competitive.
Run the numbers for 32920
Nearby markets
Cocoa 32922Balanced $184 /sq ftCocoa 32926Seller’s market $209 /sq ftCocoa 32927Seller’s market $216 /sq ftCocoa Beach 32931Balanced $353 /sq ft Browse all markets →Towns like Cape Canaveral nearby
Find towns like Cape Canaveral in other states →Where Cape Canaveral is
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Questions about Cape Canaveral real estate
Is Cape Canaveral a buyer’s or seller’s market?
A balanced market: there were 5.9 months of supply in Cape Canaveral, FL 32920 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cape Canaveral?
The typical home went under contract in 85 days in the latest three months.
Do homes in Cape Canaveral sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Cape Canaveral?
About 0.68% of a home’s value a year in Brevard County, or roughly $2,720 on a $400,000 home.
What is the median home price in Cape Canaveral?
The median sale price was $309,866 in the three months ending August 31, 2026, about $249 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology