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

Palm Bay Market Report

$301,236

AVERAGE PRICE OF 2,549 HOMES

$4,380,921

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$373,371

AVERAGE PRICE OF 814 NEWLY BUILT HOMES

$392,791

AVERAGE PRICE OF 266 HOMES WITH A POOL

$333,012

AVERAGE PRICE OF 82 REDUCED PRICE HOMES

$286,300

AVERAGE PRICE OF 23 DISTRESSED HOMES

Average Home

Average Price $301,236
Avg Bedrooms 2.05 beds
Avg Bathrooms 1.39 baths

Average Price by Bedrooms

1 bedroom $151,725
2 bedrooms $207,897
3 bedrooms $364,817
4 bedrooms $413,833
5 bedrooms $499,485
Palm Bay Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 2,433 2,328 2,270 2,372 343
Average Price $294,013 $288,004 $282,830 $244,049 $191,210
Avg Price Change +2.09% +1.83% +15.89% +27.63% -0.60%
Median Price $297,023 $300,981 $287,906 $264,689 $72,903
Med Price Change -1.33% +4.54% +8.77% +263.07% +0.67%
Avg Bedrooms 1.96 beds 1.98 beds 1.92 beds 1.73 beds 1.56 beds
Avg Bathrooms 1.33 baths 1.32 baths 1.28 baths 1.13 baths 1.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 1,142 $316,667 69 days
Palm Bay Magnet High 10 $328,640 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,549 $301,236 111 days
Multi-Million Dollar Homes 29 $4,380,921 74 days
Newly Built Homes 814 $373,371 120 days
Homes with a Pool 266 $392,791 77 days
Reduced Price Homes 82 $333,012 47 days
Distressed Homes 23 $286,300 77 days
Burke Group Real Estate
1450 N Courtenay Pkwy, Ste. 47
Merritt Island, FL 32953
321-610-4648

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.
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 Salvatore Burke - Burke Real Estate Group in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2024 Space Coast Association of REALTORS®, Inc. All rights reserved.
mls logo© 2024 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.4/22/2024 8:36 PM CST
This site powered by CINC: www.cincpro.com