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Palm Bay Market Report

$289,699

AVERAGE PRICE OF 1,020 HOMES

$177,170

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,200,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$310,799

AVERAGE PRICE OF 518 NEWLY BUILT HOMES

$324,320

AVERAGE PRICE OF 124 HOMES WITH A POOL

$362,077

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $289,699
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $113,300
2 bedrooms $154,070
3 bedrooms $274,672
4 bedrooms $322,188
5 bedrooms $419,011
Palm Bay Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 976 928 909 893 922
Average Price $285,735 $280,383 $271,416 $262,833 $257,753
Avg Price Change +1.91% +3.30% +3.27% +1.97% +0.47%
Median Price $282,132 $275,635 $269,899 $261,972 $258,063
Med Price Change +2.36% +2.13% +3.03% +1.51% +0.51%
Avg Bedrooms 3.44 beds 3.42 beds 3.38 beds 3.39 beds 3.38 beds
Avg Bathrooms 2.11 baths 2.11 baths 2.11 baths 2.1 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 466 $303,682 94 days
Heritage 278 $286,792 83 days
Melbourne 4 $460,697 45 days
Palm Bay 264 $265,650 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,020 $289,699 82 days
Distressed Homes 10 $177,170 145 days
Multi-Million Dollar Homes 1 $1,200,000 126 days
Newly Built Homes 518 $310,799 111 days
Homes with a Pool 124 $324,320 50 days
Reduced Price Homes 11 $362,077 42 days

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