In June 2026, the median home sale price in Palm Bay, FL was $281,440, with homes selling in an average of 78 days — faster than the 86-day average last year, indicating stronger demand. A total of 586 homes sold in this period, down from 629 last year.
The median list price of Palm Bay, FL, was $65,000 in June 2026, compared to $53,000 in June 2025.
Palm Bay, FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay, FL, was $360,000 in June 2026, compared to $325,000 in June 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 $194,950 in June 2026, compared to $165,000 in June 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 June 2026, compared to $47,000 in June 2025.
Palm Bay, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay, FL, was $51,000 in June 2026, compared to $1,600,000 in June 2025.
Palm Bay, FL Housing Market Analysis
There are currently 580 homes listed for sale in Palm Bay, FL, an increase of 101.39% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $198,995 (up 16.36% year-over-year), and the average price per square foot is $197 compared to $188 in 2025. Properties spend an average of 300 days on the market before going under contract.
