In July 2026, the median home sale price in Palm Bay, FL was $285,000, with homes selling in an average of 79 days — faster than the 83-day average last year, indicating stronger demand. A total of 601 homes sold in this period, down from 628 last year.
The median list price of Palm Bay, FL, was $65,000 in July 2026, compared to $53,000 in July 2025.
Palm Bay, FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay, FL, was $364,700 in July 2026, compared to $315,000 in July 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 $189,950 in July 2026, compared to $165,000 in July 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 July 2026, compared to $47,000 in July 2025.
Palm Bay, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay, FL, was $54,950 in July 2026, compared to $2,775,000 in July 2025.
Palm Bay, FL Housing Market Analysis
There are currently 551 homes listed for sale in Palm Bay, FL, an increase of 88.05% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $203,541 (up 18.04% year-over-year), and the average price per square foot is $195 compared to $189 in 2025. Properties spend an average of 317 days on the market before going under contract.
