In October 2026, the median home sale price in Palm Bay, FL was $294,394, with homes selling in an average of 81 days — slower than the 76-day average last year, suggesting buyers have more negotiating room. A total of 512 homes sold in this period, up from 423 last year — a sign of an active market.
The median list price of Palm Bay, FL, was $59,450 in October 2026, compared to $53,312 in October 2025.
Palm Bay, FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay, FL, was $339,950 in October 2026, compared to $306,800 in October 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 $248,390 in October 2026, compared to $245,000 in October 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 October 2026, compared to $47,000 in October 2025.
Palm Bay, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay, FL, was $47,000 in October 2026, compared to $2,172,500 in October 2025.
Palm Bay, FL Housing Market Analysis
There are currently 488 homes listed for sale in Palm Bay, FL, an increase of 76.81% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $192,180 (up 9.60% year-over-year), and the average price per square foot is $186 compared to $182 in 2025. Properties spend an average of 353 days on the market before going under contract.
