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Palm Bay

Why you'd want to live in Palm Bay

Palm Bay is Brevard County's largest city both by land and populous. Home to many of the nation's top engineering firms, Palm Bay is the fastest growing city in the county, too. With new community projects developing daily as well as a plethora a shopping choices, dining, and entertainment, this area has all you can ask for as the next place you call "home".

Palm Bay Market Report

$307,526

AVERAGE PRICE OF 1,577 HOMES

$212,925

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,829,333

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$362,255

AVERAGE PRICE OF 761 NEWLY BUILT HOMES

$383,444

AVERAGE PRICE OF 176 HOMES WITH A POOL

$377,970

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $307,526
Avg Bedrooms 2.03 beds
Avg Bathrooms 1.26 baths

Average Price by Bedrooms

1 bedroom $147,500
2 bedrooms $248,760
3 bedrooms $323,117
4 bedrooms $421,099
5 bedrooms $414,306
Palm Bay Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,589 1,487 1,535 336 1,587
Average Price $303,315 $306,352 $304,789 $175,051 $309,063
Avg Price Change -1.00% +0.51% +74.11% -76.56% -1.01%
Median Price $272,730 $277,485 $279,218 $51,113 $285,186
Med Price Change -1.74% -0.62% +446.28% -457.95% -1.62%
Avg Bedrooms 1.98 beds 2.44 beds 2.43 beds 1.45 beds 2.46 beds
Avg Bathrooms 1.23 baths 1.52 baths 1.51 baths .98 bath 1.54 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 545 $363,811 93 days
Heritage 397 $347,793 87 days
Melbourne 1 $639,900 24 days
Palm Bay 253 $312,178 63 days
Palm Bay Magnet High 5 $370,999 70 days
Viera High School 7 $56,700 400 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,577 $307,526 132 days
Distressed Homes 6 $212,925 84 days
Multi-Million Dollar Homes 6 $1,829,333 103 days
Newly Built Homes 761 $362,255 106 days
Homes with a Pool 176 $383,444 78 days
Reduced Price Homes 38 $377,970 52 days
Offices in Suntree/Melbourne & Merritt Island
3270 Suntree Blvd #203
Melbourne, FL 32940
321-610-4648


1450 N Courtenay Pkwy, Ste. 47
Merritt Island, FL 32953

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than Charles Burke - Burke Real Estate Group in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2023 Space Coast Association of REALTORS®, Inc. All rights reserved.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
© 2023 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.3/30/2023 8:53 AM CST
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