In September 2026, the median home sale price in Palm Bay, FL was $290,000, with homes selling in an average of 82 days — slower than the 80-day average last year, suggesting buyers have more negotiating room. A total of 104 homes sold in this period, up from 39 last year — a sign of an active market.
The median list price of Palm Bay, FL, was $263,000 in September 2026, compared to $65,000 in September 2025.
Palm Bay, FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay, FL, was $334,990 in September 2026, compared to $349,950 in September 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 $251,390 in September 2026, compared to $175,000 in September 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 September 2026, compared to $45,000 in September 2025.
Palm Bay, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay, FL, was $44,600 in September 2026, compared to $3,950,000 in September 2025.
Palm Bay, FL Housing Market Analysis
There are currently 313 homes listed for sale in Palm Bay, FL, an increase of 702.56% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $238,084 (down 11.04% year-over-year), and the average price per square foot is $185 compared to $195 in 2025. Properties spend an average of 162 days on the market before going under contract.