In September 2026, the median home sale price in Palm Bay, FL was $294,900, with homes selling in an average of 83 days — slower than the 82-day average last year, suggesting buyers have more negotiating room. A total of 617 homes sold in this period, down from 633 last year.
The median list price of Palm Bay, FL, was $70,000 in September 2026, compared to $54,900 in September 2025.
Palm Bay, FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay, FL, was $349,900 in September 2026, compared to $315,495 in September 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 $250,000 in September 2026, compared to $187,450 in September 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 September 2026, compared to $47,000 in September 2025.
Palm Bay, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay, FL, was $48,450 in September 2026, compared to $2,775,000 in September 2025.
Palm Bay, FL Housing Market Analysis
There are currently 545 homes listed for sale in Palm Bay, FL, an increase of 88.58% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $197,993 (up 9.57% year-over-year), and the average price per square foot is $194 compared to $187 in 2025. Properties spend an average of 334 days on the market before going under contract.
