SIALIMStatistical Intelligence for America's Local Investment Markets

32927Cocoa, FL Home Values

Typical home value $307,310 as of June 2026 · 18th of 26 in Palm Bay-Melbourne-Titusville, FL

Typical value — June 2026
$307,310
observed, not a forecast
Past 12 months
-0.5%
trailing year-over-year change
Past 5 years
+22.1%
June 2021 to June 2026
Rank in metro
18th
of 26 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 32927, June 2021 to June 2026. This page shows observed data only; no forecast.

How 32927 compares in the Palm Bay-Melbourne-Titusville, FL area

ZIP code 32927 (Cocoa, FL) has a typical home value of $307,310 as of June 2026, ranking 18th of 26 ZIP codes tracked in the Palm Bay-Melbourne-Titusville, FL area, more expensive than about 35% of ZIP codes in the metro. Prices here have moved -0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +22.1%, from $251,637 in June 2021 to $307,310 in June 2026. Against observed rent, the typical home here sells for 12.2× the annual rent ($2,098/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Palm Bay-Melbourne-Titusville, FL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Palm Bay.

Population and demographics

ZIP code 32927 has a population of 28,493, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 82.5% White, 5.8% two or more races, 5.6% Hispanic or Latino, 4.1% Black or African American, 1% Asian, 0.4% another race, 0.3% American Indian or Alaska Native, and 0.3% Native Hawaiian or Pacific Islander.

Nearby public schools

SchoolAddressDistance
CHALLENGER 7 ELEMENTARY SCHOOL6135 RENA AVE, COCOA, FL0.4 mi
SPACE COAST JUNIOR/SENIOR HIGH SCHOOL6150 BANYAN ST, COCOA, FL1.6 mi
ENTERPRISE ELEMENTARY SCHOOL7000 ENTERPRISE RD, COCOA, FL1.6 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 32927?

$307,310 as of June 2026, the latest month Zillow has published observed data for.

Is 32927 an expensive ZIP code in the Palm Bay-Melbourne-Titusville, FL area?

32927 ranks 18th of 26 ZIP codes in the Palm Bay-Melbourne-Titusville, FL area by typical home value, more expensive than about 35% of ZIP codes in the metro.

How much have home values in 32927 changed over the past year?

-0.5% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 32927?

The typical home price is 12.2× the observed annual rent in this ZIP code ($2,098/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 32927?

28,493, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 32927?

CHALLENGER 7 ELEMENTARY SCHOOL (0.4 mi), SPACE COAST JUNIOR/SENIOR HIGH SCHOOL (1.6 mi), ENTERPRISE ELEMENTARY SCHOOL (1.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 32927?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Palm Bay-Melbourne-Titusville, FL forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.