The story of this market
The typical home in Palm Bay, Florida sells for about $358,079, or $196 per square foot.
Homes take about 76.5 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,950 a month.
Monthly price momentum
Home values since 2015
+1%
FL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Palm Bay, Florida
Palm Bay's housing market is currently experiencing a period of stabilization following a phase of rapid population growth. While inventory levels have increased, providing more options for buyers, price growth has leveled off, reflecting a more balanced market environment compared to previous years.
No ARED county foreclosure postings attributed to Palm Bay yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 4 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 4.1% year over year.
Homes spend a median of 73 days on market with 4.7 months of supply — a balanced-paced market.
25% of listings have cut prices · homes sell at 98.05% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 8.9% — a stable, low-distress profile.
- Golf N Gator4.523.6 mi
- Urban Air Trampoline and Adventure Park4.116.4 mi
- Chuck E. Cheese4.37.7 mi
- Sky Zone Trampoline Park4.519.9 mi
- Sky Zone Trampoline Park4.33.9 mi
- USSSA Space Coast Complex4.418.1 mi
- Grills Riverside Seafood Deck & Tiki Bar4.413 mi
- Capt Hirams Resort4.416.2 mi
- The Shack Riverfront Restaurant & Outback Tiki Bar!4.51.5 mi
- Route 7 Karting & Entertainment4.514.1 mi
- Brevard Zoo4.715.2 mi
- Sebastian Inlet State Park4.715.2 mi
- Wickham Park4.710 mi
- Paradise Beach4.86.2 mi
- Canova Beach Park4.67.2 mi
- The Wizard of Oz Museum & Van Gogh4.922.5 mi
- American Muscle Car Museum4.78.3 mi
- The Dinosaur Store4.422.4 mi
- Mel Fisher's Treasures4.616.6 mi
- McLarty Treasure Museum4.716.8 mi
- Florida Institute of Technology4.32.9 mi
- Sebastian Inlet State Park4.715.2 mi
- Wickham Park4.710 mi
- Canova Beach Park4.67.2 mi
- Fred Poppe Regional Park4.68.9 mi
- Capt Hirams Resort4.416.2 mi
- Eau Gallie Yacht Club4.67.7 mi
- Marker 24 Marina4.621.2 mi
- Palm Bay Marina4.50.6 mi
- Anchorage Yacht Basin4.77.2 mi
- The Habitat Golf Course4.55.6 mi
- Baytree National Golf Links3.714.6 mi
- Crane Creek Reserve3.93.8 mi
- Aquarina Golf Club4.310 mi
- Spessard Holland Golf Course4.52.5 mi
- Melbourne Square4.24.9 mi
- Renningers Flea and Farmers Market4.39.1 mi
- Publix Super Market at Windover Square4.55.3 mi
- Thrifty Specialty Produce & Meats4.51.3 mi
- Sprouts Farmers Market4.23.9 mi
- Melbourne Orlando International Airport4.55.8 mi
- Vero Beach Regional Airport4.328.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A significant natural area featuring boardwalks and trails that protect local ecosystems and provide recreational space for residents.
A major community hub offering sports facilities and open space that serves as a primary recreational anchor for the city.
The city is primarily served by a network of arterial roads and highways, with the St. Johns Heritage Parkway serving as a critical corridor for regional connectivity.
The local economy is anchored by a mix of aerospace, technology, and service-sector industries, benefiting from its proximity to the Space Coast's major employment hubs.
Development is heavily focused on residential expansion in the southern and western sectors, supported by ongoing infrastructure improvements to accommodate rapid population growth.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Data retrieved from U.S. Census Bureau QuickFacts and ACS profiles.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.