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Palm Bay, FL Real Estate Guide

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Palm Bay Market Snapshot

Every figure below is computed from closed MLS transactions in Palm Bay over the trailing twelve months — what buyers and tenants actually paid, not asking prices — and refreshes continuously.

439
Homes sold, last 12 months
$315K
Median sale price
$187
Median price per sqft
41 days
Median time on market
122
Leases signed, last 12 months
$2,100/mo
Median rent achieved
$1
Median rent per sqft
44 days
Median time to lease
Homes Sold per Month
34Sep21Oct33Nov29Dec35Jan35Feb46Mar42Apr40May44Jun54Jul17Aug
Median Sale Price per Month
$385K$275KSepOctNovDecJanFebMarAprMayJunJulAug
Median Sale Price by Bedrooms
BedroomsSalesMedian price
2 bd16$200,000
3 bd240$290,000
4 bd170$358,950
5+ bd13$494,990
Sales by Property Type
TypeSalesMedian price
Single Family Residence415$320,000
Townhouse23$275,000
Condominium1$365,090
12-Month Sales Trend
MonthHomes soldMedian price
Sep 202534$317,000
Oct 202521$275,000
Nov 202533$305,000
Dec 202529$300,000
Jan 202635$299,888
Feb 202635$290,000
Mar 202646$315,000
Apr 202642$322,990
May 202640$309,495
Jun 202644$328,945
Jul 202654$361,450
Aug 202617$385,000
Median Rent by Bedrooms
BedroomsLeasesMedian rent
1 bd4$1,050/mo
2 bd3$1,750/mo
3 bd45$1,950/mo
4 bd67$2,200/mo
5+ bd3$2,800/mo

Buying a Home in Palm Bay

A smart Palm Bay purchase begins with knowing what moves its market. Use the bedroom and property-type tables above to benchmark the segment you're shopping, then open the live map search to see what's on the market right now — every listing links through to full photos, details and a direct line to a licensed Florida broker.

In Florida, a financed purchase generally closes in 30 to 45 days, while an all-cash deal can wrap in as little as two weeks. A condo adds a board-approval step, and anything near the water carries insurance questions worth pricing before you write an offer — both are routine parts of a Palm Bay transaction when you plan for them early.

Renting in Palm Bay

Rentals turn over faster than sales — a well-priced Palm Bay unit is often under lease within weeks, and most annual leases ask for first month, last month and a security deposit up front. The rent tables above show what tenants actually committed to by bedroom count over the past year, and the live rental search lists every home and condo on offer today.

Featured Listings in Palm Bay

See every home for sale →
184 Massini Avenue NW, Palm Bay, FL 32907
$650,000
6 bd · 4.5 ba · 3,926 sqft
184 Massini Avenue NW, Palm Bay, FL 32907
PORT MALABAR UNIT 13
230 RIDGEMONT CIRCLE, PALM BAY, FL 32909
$590,000
3 bd · 3 ba · 2,412 sqft
230 RIDGEMONT CIRCLE, PALM BAY, FL 32909
539 Easton Forest Circle SE, Palm Bay, FL 32909
$575,000New
5 bd · 4 ba · 3,408 sqft
539 Easton Forest Circle SE, Palm Bay, FL 32909
3004 SE Suntan Ct Court SE, Palm Bay, FL 32909
$550,000New
5 bd · 3 ba · 2,388 sqft
3004 SE Suntan Ct Court SE, Palm Bay, FL 32909
255 BRIGHTWATER DRIVE SE, PALM BAY, FL 32909
$540,000
5 bd · 3 ba · 3,339 sqft
255 BRIGHTWATER DRIVE SE, PALM BAY, FL 32909
241 DEVLIN COURT, PALM BAY, FL 32909
$539,999
4 bd · 2 ba · 2,273 sqft
241 DEVLIN COURT, PALM BAY, FL 32909

Palm Bay Real Estate FAQ

Is Palm Bay a good place to buy a home?

Let the figures on this page make the case for Palm Bay — real closed sales, the median sale price, and how long homes sat before selling over the trailing twelve months.

What is the median home price in Palm Bay?

The snapshot above reports the current 12-month median sale price for Palm Bay, together with price per square foot and medians split out by bedroom count and property type. Every figure is calculated from closed MLS sales and refreshed continuously — not lifted from a report that's already months old.

Condo or house in Palm Bay — which should I buy?

The property-type table above breaks Palm Bay sales into condos, single-family homes and townhomes, and shows where each segment's median landed over the past year. A condo brings monthly association dues and a board-approval step; a house carries its own insurance and upkeep. Each property type has its own live search page linked below.

Where can I see every home for sale in Palm Bay?

Open the Palm Bay map search — it shows every active MLS listing in the city, updated continuously, with the city boundary traced on the map and filters for property type, bedrooms and price.

Discover Your Perfect Home

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Bedroom Size Homes in Palm Bay
Homes by Price in Palm Bay
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Lifestyle & New in Palm Bay
Rentals in Palm Bay
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