In December 2024, Palm Bay, FL homes were selling for an average price of $230,389, Palm Bay, FL homes on average sell after 97 days on the market compared to 90 days last year. There were 625 homes sold in Palm Bay, FL for December 2024, compared to 457 last year.
The average list price of Palm Bay, FL, was $222,393 in December 2024, compared to $177,615 in December 2023.
Palm Bay, FL Market Trend for Houses
Average List Price
The average list price of houses in Palm Bay, FL, was $369,042 in December 2024, compared to $349,205 in December 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 $212,294 in December 2024, compared to $184,000 in December 2023.
Palm Bay, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Palm Bay, FL, was $77,702 in December 2024, compared to $65,205 in December 2023.
Palm Bay, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Palm Bay, FL, was $323,032 in December 2024, compared to $46,366 in December 2023.
Palm Bay, FL Housing Market Analysis
The average list price in Palm Bay, FL is $222,393. The average list price in Palm Bay, FL went up 28.03% from 2023 to 2024. Palm Bay, FL home resale inventories is 452, which increased 123.76% since 2023. The average list price per square foot in Palm Bay, FL is $205. 2023 it was $195.
