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Real Estate Market Trends and Analytics in Palm Bay, FL

In May 2024, Palm Bay, FL homes were selling for an average price of $204,485, Palm Bay, FL homes on average sell after 106 days on the market compared to 68 days last year. There were 656 homes sold in Palm Bay, FL for May 2024, compared to 529 last year.
View all properties for sale in Palm Bay, FL

Palm Bay, FL Market Trend

Average List Price
The average list price of Palm Bay, FL, was $189,377 in May 2024, compared to $137,120 in May 2023.

Palm Bay, FL Market Trend for Houses

Average List Price
The average list price of houses in Palm Bay, FL, was $392,290 in May 2024, compared to $337,112 in May 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 $270,825 in May 2024, compared to $183,780 in May 2023.

Palm Bay, FL Market Trend for Lots/Land

Average List Price
The average list price of lots/land in Palm Bay, FL, was $63,605 in May 2024, compared to $42,499 in May 2023.

Palm Bay, FL Market Trend for Commercial

Average List Price
The average list price of commercial in Palm Bay, FL, was $204,226 in May 2024, compared to $39,024 in May 2023.

Palm Bay, FL Housing Market Analysis

The average list price in Palm Bay, FL is $189,377. The average list price in Palm Bay, FL went up 33.07% from 2023 to 2024. Palm Bay, FL home resale inventories is 373, which increased 49.20% since 2023. The average list price per square foot in Palm Bay, FL is $210. 2023 it was $200.
373
for sale
16
for rent
2,306
sold
Price Range
$14K - $4.0M
Avg. SQFT Price
$210
SF Range
985 - 4,178 SF
Beds
2 - 6
Avg. Dom
188 days
Year Built
1960 - 2024

Properties in Palm Bay, FL

2390 Coconut Palm, Palm Bay, FL 32905 placeholder 2390 Coconut Palm, Palm Bay, FL 32905
2 days
For Sale
House
$200,000
2 bds 2 ba 1,296 sqft
2390 Coconut Palm, Palm Bay, FL 32905
435 NW goldsmith ave, Palm Bay FL 32907 placeholder 435 NW goldsmith ave, Palm Bay FL 32907
3 days
For Sale
House
$479,000
4 bds 2 ba
435 NW goldsmith ave, Palm Bay FL 32907
1882 Bermuda, Palm Bay, FL 32907 placeholder 1882 Bermuda, Palm Bay, FL 32907
4 days
For Sale
Commercial
$45,000
0 room(s)
1882 Bermuda, Palm Bay, FL 32907
934 Fort St NW, Palm Bay MS 39207 placeholder 934 Fort St NW, Palm Bay MS 39207
4 days
For Sale
Lots/Land
$67,500
0 room(s)
934 Fort St NW, Palm Bay MS 39207
0 Van Buren, Palm Bay, FL 32909 placeholder 0 Van Buren, Palm Bay, FL 32909
+$8K (2024/05/17)
For Sale
Commercial
$53,000
0 room(s)
0 Van Buren, Palm Bay, FL 32909
884 Hainey, Palm Bay, FL 32908 placeholder 884 Hainey, Palm Bay, FL 32908
6 days
For Sale
House
$399,900
3 bds 2 ba 2,141 sqft
884 Hainey, Palm Bay, FL 32908
3357 Navajo, Palm Bay, FL 32908 placeholder 3357 Navajo, Palm Bay, FL 32908
8 days
For Sale
House
$359,000
4 bds 2 ba 1,811 sqft
3357 Navajo, Palm Bay, FL 32908
1677 Jupiter, Palm Bay, FL 32907 placeholder 1677 Jupiter, Palm Bay, FL 32907
9 days
For Sale
House
$345,900
4 bds 2 ba 1,650 sqft
1677 Jupiter, Palm Bay, FL 32907

Market Trends nearby