$45,000
2065 SE Cogan Dr
Palm Bay, FL
Land10,019 sqft lot
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Palm Bay, FL Housing Market & Real Estate
Leaning buyer's-3.5% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Palm Bay, FL is $318,325, down 3.5% year-over-year. Homes sell in an average of 100 days with 1,139 active listings. The market is currently a leaning buyer's.
$318,325median sale price
Is Palm Bay a buyer's or seller's market?
Leaning buyer's5.0 months of supply100 avg. days on market
Palm Bay, FL is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 100 days. How we determine this →
Homes sold
227
Last 12 weeks
Days on market
100
Average pace
Active listings
1,139
5.0 months supply
Sale-to-list
98.1%
Below asking
Palm Bay, FL market data
| Metric | Value |
|---|---|
| Median sale price | $318,325 |
| Median list price | $348,727 |
| Year-over-year price change | -3.5% |
| Average days on market | 100 days |
| Active inventory | 1,139 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 98.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Palm Bay housing market is currently classified as a leaning buyer's with a median sale price of $318,325. Prices have fallen 3.5% compared to last year, with homes spending an average of 100 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Palm Bay
There are currently 1,139 homes listed for sale in Palm Bay, Florida. The median listing price is $349K. Featured listings range from $45,000 to $472,399.
$278,990
1349 Wade St SE
Palm Bay, FL
2 bd2 ba1,239 sqft
House
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$316,900
1226 Waterway St SW
Palm Bay, FL
4 bd2 ba1,876 sqft
House
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$379,900
2166 Santa Maria Ave SE
Palm Bay, FL
4 bd2 ba1,800 sqft
House10,019 sqft lot
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$381,985
898 Everglade Ave SE
Palm Bay, FL
4 bd2 ba1,828 sqft
House
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$384,985
101 Colony Ct SE
Palm Bay, FL
4 bd2 ba1,828 sqft
House
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$409,900
2039 Olympia Ave SW
Palm Bay, FL
4 bd3 ba2,471 sqft
House
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$427,148
1806 San Filippo Dr SE
Palm Bay, FL
4 bd3 ba2,094 sqft
House
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$444,995
2264 Ladner Rd NE
Palm Bay, FL
4 bd3 ba2,350 sqft
House
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$463,937
213 Foremost Ave NW
Palm Bay, FL
4 bd3 ba2,350 sqft
House
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$468,949
241 Bali St SE
Palm Bay, FL
4 bd3 ba2,350 sqft
House
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$472,399
1293 Helias St NW
Palm Bay, FL
4 bd3 ba2,350 sqft
House
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Active listings
1,139
Homes on market
Median list price
$349K
Avg. days on market
100
Days until sale
New this week
307
Newly listed
Price drops:25.2%of listings
Sale-to-list:98.1%
Top public schools in Palm Bay
20 schools tracked · 17,351 students
The largest public schools serving Palm Bay, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
BAYSIDE HIGH SCHOOL
Grades 9-12 · 2,040 students
HERITAGE HIGH SCHOOL
Grades 9-12 · 2,023 students
ODYSSEY CHARTER SCHOOL
Grades K-12 · 1,913 students
PINEAPPLE COVE CLASSICAL ACADEMY
Grades K-12 · 1,067 students
SOUTHWEST MIDDLE SCHOOL
Grades 7-8 · 899 students
SUNRISE ELEMENTARY SCHOOL
Grades PK-6 · 868 students
WESTSIDE ELEMENTARY SCHOOL
Grades PK-6 · 867 students
JUPITER ELEMENTARY SCHOOL
Grades PK-6 · 852 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in FL
Frequently asked questions
What is the average home price in Palm Bay?
The median home sale price in Palm Bay is $318,325, down 3.5% from last year.
How long do homes stay on market in Palm Bay?
Homes typically spend 100 days on market before going under contract.
Is Palm Bay a buyer's or seller's market?
With 5.0 months of supply, Palm Bay is currently a leaning buyer's.
How many homes are for sale in Palm Bay?
There are currently 1139 homes listed for sale in Palm Bay, FL.
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