If you need assistance, please call 321-610-4648

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

$302,881

AVERAGE PRICE OF 1,609 HOMES

$239,900

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,329,666

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$358,456

AVERAGE PRICE OF 790 NEWLY BUILT HOMES

$362,918

AVERAGE PRICE OF 139 HOMES WITH A POOL

$300,430

AVERAGE PRICE OF 67 REDUCED PRICE HOMES

Average Home

Average Price $302,881
Avg Bedrooms 2.28 beds
Avg Bathrooms 1.38 baths

Average Price by Bedrooms

1 bedroom $147,500
2 bedrooms $223,550
3 bedrooms $321,310
4 bedrooms $389,461
5 bedrooms $436,666
Palm Bay Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 379 1,634 1,690 1,676 1,600
Average Price $179,228 $306,375 $309,787 $314,521 $314,773
Avg Price Change -70.94% -1.11% -1.53% -0.08% n/a
Median Price $65,145 $283,103 $288,571 $293,385 $295,201
Med Price Change -334.57% -1.93% -1.67% -0.62% n/a
Avg Bedrooms 1.64 beds 2.27 beds 2.26 beds 2.26 beds 2.22 beds
Avg Bathrooms 1.01 baths 1.38 baths 1.38 baths 1.4 baths 1.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 532 $359,741 112 days
Heritage 427 $345,451 100 days
Melbourne 1 $699,900 15 days
Palm Bay 236 $298,263 73 days
Palm Bay Magnet High 1 $40,000 41 days
Viera High School 10 $143,669 228 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,609 $302,881 148 days
Distressed Homes 2 $239,900 90 days
Multi-Million Dollar Homes 6 $1,329,666 257 days
Newly Built Homes 790 $358,456 157 days
Homes with a Pool 139 $362,918 92 days
Reduced Price Homes 67 $300,430 127 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

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 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
© 2022 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.12/9/2022 7:27 PM CST
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.
This site powered by CINC: www.cincpro.com