In February 2025, Palm Bay, FL homes were selling for an average price of $237,101, Palm Bay, FL homes on average sell after 96 days on the market compared to 97 days last year. There were 636 homes sold in Palm Bay, FL for February 2025, compared to 485 last year.
The average list price of Palm Bay, FL, was $227,530 in February 2025, compared to $181,250 in February 2024.
Palm Bay, FL Market Trend for Houses
Average List Price
The average list price of houses in Palm Bay, FL, was $372,331 in February 2025, compared to $346,106 in February 2024.
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 $181,428 in February 2025, compared to $244,500 in February 2024.
Palm Bay, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Palm Bay, FL, was $74,090 in February 2025, compared to $64,949 in February 2024.
Palm Bay, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Palm Bay, FL, was $260,047 in February 2025, compared to $45,256 in February 2024.
Palm Bay, FL Housing Market Analysis
The average list price in Palm Bay, FL is $227,530. The average list price in Palm Bay, FL went up 19.69% from 2024 to 2025. Palm Bay, FL home resale inventories is 502, which increased 136.79% since 2024. The average list price per square foot in Palm Bay, FL is $206. 2024 it was $191.