In November 2024, Palm Bay, FL homes were selling for an average price of $227,624, Palm Bay, FL homes on average sell after 103 days on the market compared to 86 days last year. There were 610 homes sold in Palm Bay, FL for November 2024, compared to 433 last year.
The average list price of Palm Bay, FL, was $221,088 in November 2024, compared to $178,756 in November 2023.
Palm Bay, FL Market Trend for Houses
Average List Price
The average list price of houses in Palm Bay, FL, was $381,407 in November 2024, compared to $342,157 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 $219,300 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 $74,042 in November 2024, compared to $64,110 in November 2023.
Palm Bay, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Palm Bay, FL, was $404,019 in November 2024, compared to $46,366 in November 2023.
Palm Bay, FL Housing Market Analysis
The average list price in Palm Bay, FL is $221,088. The average list price in Palm Bay, FL went up 21.70% from 2023 to 2024. Palm Bay, FL home resale inventories is 450, which increased 118.45% since 2023. The average list price per square foot in Palm Bay, FL is $206. 2023 it was $199.