In April 2024, Palm Bay, FL homes were selling for an average price of $208,691, Palm Bay, FL homes on average sell after 102 days on the market compared to 65 days last year. There were 641 homes sold in Palm Bay, FL for April 2024, compared to 554 last year.
The average list price of Palm Bay, FL, was $196,317 in April 2024, compared to $146,898 in April 2023.
Palm Bay, FL Market Trend for Houses
Average List Price
The average list price of houses in Palm Bay, FL, was $389,537 in April 2024, compared to $340,034 in April 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 $262,800 in April 2024, compared to $188,986 in April 2023.
Palm Bay, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Palm Bay, FL, was $70,616 in April 2024, compared to $63,836 in April 2023.
Palm Bay, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Palm Bay, FL, was $142,082 in April 2024, compared to $37,667 in April 2023.
Palm Bay, FL Housing Market Analysis
The average list price in Palm Bay, FL is $196,317. The average list price in Palm Bay, FL went up 33.27% from 2023 to 2024. Palm Bay, FL home resale inventories is 420, which increased 66.67% since 2023. The average list price per square foot in Palm Bay, FL is $208. 2023 it was $198.