In April 2026, the median home sale price in Palm Bay, FL was $292,500, with homes selling in an average of 75 days — faster than the 96-day average last year, indicating stronger demand. A total of 522 homes sold in this period, down from 554 last year.
The median list price of Palm Bay, FL, was $55,000 in April 2026, compared to $55,450 in April 2025.
Palm Bay, FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay, FL, was $362,494 in April 2026, compared to $340,000 in April 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 $268,990 in April 2026, compared to $155,000 in April 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 April 2026, compared to $47,000 in April 2025.
Palm Bay, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay, FL, was $45,000 in April 2026, compared to $49,500 in April 2025.
Palm Bay, FL Housing Market Analysis
There are currently 471 homes listed for sale in Palm Bay, FL, an increase of 68.82% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $184,828 (up 5.44% year-over-year), and the average price per square foot is $201 compared to $197 in 2025. Properties spend an average of 311 days on the market before going under contract.
