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Palm Bay Market Report

$343,676

AVERAGE PRICE OF 1,222 HOMES

$209,250

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,519,500

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$359,363

AVERAGE PRICE OF 658 NEWLY BUILT HOMES

$366,845

AVERAGE PRICE OF 154 HOMES WITH A POOL

$347,450

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $343,676
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $140,000
2 bedrooms $214,614
3 bedrooms $319,137
4 bedrooms $373,154
5 bedrooms $475,394
Palm Bay Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,156 1,199 n/a 1,251 1,319
Average Price $344,360 $342,746 n/a $344,575 $346,650
Avg Price Change +0.47% n/a n/a -0.60% -0.41%
Median Price $343,750 $344,655 n/a $347,928 $349,549
Med Price Change -0.26% n/a n/a -0.47% -0.15%
Avg Bedrooms 3.47 beds 3.49 beds n/a 3.47 beds 3.46 beds
Avg Bathrooms 2.1 baths 2.1 baths n/a 2.1 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 521 $358,678 108 days
Heritage 415 $346,586 92 days
Melbourne 2 $669,499 49 days
Palm Bay 250 $309,607 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,222 $343,676 95 days
Distressed Homes 3 $209,250 47 days
Multi-Million Dollar Homes 6 $1,519,500 102 days
Newly Built Homes 658 $359,363 119 days
Homes with a Pool 154 $366,845 65 days
Reduced Price Homes 48 $347,450 55 days
RE/MAX SOLUTIONS
Lindsay Sanger
2235 N. Courtenay Parkway, Suite A
Merritt Island, FL 32953
321-848-8379

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 RE/MAX SOLUTIONS in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
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