In August 2026, the median home sale price in Palm Bay, FL was $289,900, with homes selling in an average of 82 days — faster than the 83-day average last year, indicating stronger demand. A total of 619 homes sold in this period, up from 618 last year — a sign of an active market.
The median list price of Palm Bay, FL, was $70,000 in August 2026, compared to $54,900 in August 2025.
Palm Bay, FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay, FL, was $353,500 in August 2026, compared to $324,745 in August 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 $258,500 in August 2026, compared to $175,000 in August 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 August 2026, compared to $47,000 in August 2025.
Palm Bay, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay, FL, was $46,500 in August 2026, compared to $1,600,000 in August 2025.
Palm Bay, FL Housing Market Analysis
There are currently 558 homes listed for sale in Palm Bay, FL, an increase of 95.79% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $205,098 (up 10.45% year-over-year), and the average price per square foot is $190 compared to $191 in 2025. Properties spend an average of 323 days on the market before going under contract.
