In November 2024, Palm Bay, FL homes were selling for an average price of $227,388, Palm Bay, FL homes on average sell after 103 days on the market compared to 85 days last year. There were 599 homes sold in Palm Bay, FL for November 2024, compared to 434 last year.
The average list price of Palm Bay, FL, was $226,944 in November 2024, compared to $184,095 in November 2023.
Palm Bay, FL Market Trend for Houses
Average List Price
The average list price of houses in Palm Bay, FL, was $381,367 in November 2024, compared to $340,473 in November 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 $216,531 in November 2024, compared to $0 in November 2023.
Palm Bay, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Palm Bay, FL, was $74,210 in November 2024, compared to $64,277 in November 2023.
Palm Bay, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Palm Bay, FL, was $551,467 in November 2024, compared to $45,791 in November 2023.
Palm Bay, FL Housing Market Analysis
The average list price in Palm Bay, FL is $226,944. The average list price in Palm Bay, FL went up 25.22% from 2023 to 2024. Palm Bay, FL home resale inventories is 435, which increased 113.24% since 2023. The average list price per square foot in Palm Bay, FL is $208. 2023 it was $199.