Palm Bay Market Report
$299,200
AVERAGE PRICE OF 2,090 HOMES$346,600
AVERAGE PRICE OF 17 DISTRESSED HOMES$2,239,020
AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES$380,926
AVERAGE PRICE OF 738 NEWLY BUILT HOMES$377,798
AVERAGE PRICE OF 265 HOMES WITH A POOL$349,587
AVERAGE PRICE OF 74 REDUCED PRICE HOMESAverage Home
| Average Price | $299,200 |
| Avg Bedrooms | 2.44 beds |
| Avg Bathrooms | 1.62 baths |
Average Price by Bedrooms
| 1 bedroom | $149,133 |
| 2 bedrooms | $219,343 |
| 3 bedrooms | $339,086 |
| 4 bedrooms | $390,930 |
| 5 bedrooms | $451,720 |
Palm Bay Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 2,481 | 2,489 | 2,542 | 2,546 | 2,542 |
| Average Price | $285,594 | $300,884 | $313,466 | $315,887 | $310,098 |
| Avg Price Change | -5.35% | -4.18% | -0.77% | +1.87% | +3.38% |
| Median Price | $286,350 | $287,140 | $288,944 | $288,995 | $286,331 |
| Med Price Change | -0.28% | -0.63% | -0.02% | +0.93% | +0.24% |
| Avg Bedrooms | 1.85 beds | 1.82 beds | 1.91 beds | 1.96 beds | 1.94 beds |
| Avg Bathrooms | 1.24 baths | 1.22 baths | 1.28 baths | 1.3 baths | 1.29 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bayside | 1,057 | $266,977 | 106 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,090 | $299,200 | 100 days |
| Distressed Homes | 17 | $346,600 | 88 days |
| Multi-Million Dollar Homes | 25 | $2,239,020 | 155 days |
| Newly Built Homes | 738 | $380,926 | 96 days |
| Homes with a Pool | 265 | $377,798 | 77 days |
| Reduced Price Homes | 74 | $349,587 | 75 days |
