In May 2024, Palm Bay, FL homes were selling for an average price of $205,250, Palm Bay, FL homes on average sell after 106 days on the market compared to 69 days last year. There were 667 homes sold in Palm Bay, FL for May 2024, compared to 524 last year.
The average list price of Palm Bay, FL, was $201,519 in May 2024, compared to $142,226 in May 2023.
Palm Bay, FL Market Trend for Houses
Average List Price
The average list price of houses in Palm Bay, FL, was $386,622 in May 2024, compared to $344,466 in May 2023.
Palm Bay, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Palm Bay, FL, was $232,033 in May 2024, compared to $183,780 in May 2023.
Palm Bay, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Palm Bay, FL, was $62,289 in May 2024, compared to $42,363 in May 2023.
Palm Bay, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Palm Bay, FL, was $204,226 in May 2024, compared to $39,024 in May 2023.
Palm Bay, FL Housing Market Analysis
The average list price in Palm Bay, FL is $201,519. The average list price in Palm Bay, FL went up 36.89% from 2023 to 2024. Palm Bay, FL home resale inventories is 424, which increased 64.34% since 2023. The average list price per square foot in Palm Bay, FL is $207. 2023 it was $201.
