In December 2024, Palm Bay, FL homes were selling for an average price of $230,229, Palm Bay, FL homes on average sell after 97 days on the market compared to 90 days last year. There were 629 homes sold in Palm Bay, FL for December 2024, compared to 455 last year.
The average list price of Palm Bay, FL, was $223,114 in December 2024, compared to $171,255 in December 2023.
Palm Bay, FL Market Trend for Houses
Average List Price
The average list price of houses in Palm Bay, FL, was $369,745 in December 2024, compared to $345,306 in December 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 $224,811 in December 2024, compared to $184,000 in December 2023.
Palm Bay, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Palm Bay, FL, was $76,574 in December 2024, compared to $65,084 in December 2023.
Palm Bay, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Palm Bay, FL, was $351,007 in December 2024, compared to $46,366 in December 2023.
Palm Bay, FL Housing Market Analysis
The average list price in Palm Bay, FL is $223,114. The average list price in Palm Bay, FL went up 28.75% from 2023 to 2024. Palm Bay, FL home resale inventories is 462, which increased 129.85% since 2023. The average list price per square foot in Palm Bay, FL is $206. 2023 it was $196.
