In May 2024, Palm Bay, FL homes were selling for an average price of $206,672, Palm Bay, FL homes on average sell after 106 days on the market compared to 67 days last year. There were 660 homes sold in Palm Bay, FL for May 2024, compared to 544 last year.
The average list price of Palm Bay, FL, was $197,228 in May 2024, compared to $146,476 in May 2023.
Palm Bay, FL Market Trend for Houses
Average List Price
The average list price of houses in Palm Bay, FL, was $382,129 in May 2024, compared to $345,417 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 $262,075 in May 2024, compared to $194,817 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 $61,959 in May 2024, compared to $42,148 in May 2023.
Palm Bay, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Palm Bay, FL, was $170,044 in May 2024, compared to $39,164 in May 2023.
Palm Bay, FL Housing Market Analysis
The average list price in Palm Bay, FL is $197,228. The average list price in Palm Bay, FL went up 33.42% from 2023 to 2024. Palm Bay, FL home resale inventories is 421, which increased 63.81% since 2023. The average list price per square foot in Palm Bay, FL is $207. 2023 it was $201.
