Rockledge, FL—32955
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rockledge, FL
As of Oct '25, the median home price in Rockledge, FL is $367,000, with a year-over-year change of -2.8%. This indicates that home prices in Rockledge, FL are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $367,000 | -2.8% |
| Single Family | $389,000 | -2.5% |
| Condos | $217,000 | -2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $210,000 | -3.7% |
3 Bed | $345,000 | -2.5% |
4 Bed | $469,000 | -1.9% |
| 5 Bed | $666,000 | -1.5% |
% of Housing Stock
Rental Trends — Rockledge, FL
As of July '25, Rentcast reports the average rent in Rockledge, FL is $2,260, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Rockledge, FL is studios: $1,490, 1-bedrooms: $1,330, 2-bedrooms: $1,740, 3-bedrooms: $2,330, 4-bedrooms: $2,690. The most common rental property sizes in Rockledge, FL are 2-bedroom and 3-bedroom, accounting for 37.0% and 33.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,220 | $2,260 |
| Studio Rent | $1,490 | $1,490 |
| 1 Bed Rent | $1,300 | $1,330 |
| 2 Bed Rent | $1,700 | $1,740 |
| 3 Bed Rent | $2,250 | $2,330 |
| 4 Bed Rent | $2,600 | $2,690 |
% of Rental Stock
Property Listings — Rockledge, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Rockledge, FL is 78. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $387,000 | 1.0% |
Listing Count | 285 | 1.0% |
| Listings as % of Homes | 1.2% | 1.0% |
Days on Market | 78 | 22.0% |
Demographics — Rockledge, FL
As of the latest ACS Survey released in 2023, Rockledge, FL has a population of 40,400, which has increased by 3.3% over the past 5 years. Rockledge, FL is a moderately popular place for families, as children make up 16.1% of the population. The area has a moderately educated workforce, with 38.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,400 | 3.3% |
% Under 18 | 16.1% | -21.8% |
% Seniors | 23.8% | 11.2% |
% WFH | 12.5% | 123.2% |
% w/ College Degree | 38.1% | 11.7% |
As of the latest ACS Survey released in 2023, Rockledge, FL is a predominantly white area, with 69.0% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Rockledge, FL is black, making up 14.3% of the population. Foreign-born residents account for 7.5% of the population in Rockledge, FL, and this percentage has decreased by 2.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.0% | -6.9% |
% Black | 14.3% | 28.8% |
% Hispanic | 9.1% | -13.3% |
% Asian | 2.3% | -11.5% |
% Foreign Born | 7.5% | -2.6% |
Mortgage and Risk — Rockledge, FL
According to HUD data as of 2023, there were 1135 mortgage originations in Rockledge, FL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Rockledge, FL. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,135 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Rockledge, FL
As of 2024, the percent of homes in Rockledge, FL under the Section 8 program is 9.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Rockledge, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 355 |
Total Units Section 8 | 354 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 84.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,300 | $1,620 |
| 2 Bedroom | $180 | $1,700 | $1,880 |
| 3 Bedroom | $310 | $2,250 | $2,560 |
| 4 Bedroom | $330 | $2,600 | $2,930 |
Affordability — Rockledge, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $367,000 |
| Median Household Income | $85,100 |