In July 2026, the median home sale price in Palm Bay, FL was $289,000, with homes selling in an average of 80 days — faster than the 84-day average last year, indicating stronger demand. A total of 613 homes sold in this period, down from 615 last year.
The median list price of Palm Bay, FL, was $65,000 in July 2026, compared to $53,575 in July 2025.
Palm Bay, FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay, FL, was $359,900 in July 2026, compared to $315,450 in July 2025.
Palm Bay, FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Palm Bay, FL, was $189,950 in July 2026, compared to $155,000 in July 2025.
Palm Bay, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Palm Bay, FL, was $47,000 in July 2026, compared to $47,000 in July 2025.
Palm Bay, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay, FL, was $47,000 in July 2026, compared to $2,775,000 in July 2025.
Palm Bay, FL Housing Market Analysis
There are currently 551 homes listed for sale in Palm Bay, FL, an increase of 86.78% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $200,395 (up 14.96% year-over-year), and the average price per square foot is $193 compared to $189 in 2025. Properties spend an average of 323 days on the market before going under contract.
