In May 2024, Palm Bay, FL homes were selling for an average price of $205,849, Palm Bay, FL homes on average sell after 105 days on the market compared to 67 days last year. There were 661 homes sold in Palm Bay, FL for May 2024, compared to 538 last year.
The average list price of Palm Bay, FL, was $201,816 in May 2024, compared to $144,306 in May 2023.
Palm Bay, FL Market Trend for Houses
Average List Price
The average list price of houses in Palm Bay, FL, was $382,416 in May 2024, compared to $345,700 in May 2023.
Palm Bay, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Palm Bay, FL, was $257,200 in May 2024, compared to $185,975 in May 2023.
Palm Bay, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Palm Bay, FL, was $62,167 in May 2024, compared to $42,532 in May 2023.
Palm Bay, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Palm Bay, FL, was $209,154 in May 2024, compared to $38,821 in May 2023.
Palm Bay, FL Housing Market Analysis
The average list price in Palm Bay, FL is $201,816. The average list price in Palm Bay, FL went up 37.06% from 2023 to 2024. Palm Bay, FL home resale inventories is 422, which increased 63.57% since 2023. The average list price per square foot in Palm Bay, FL is $208. 2023 it was $201.
