Palm Bay, FL—32905
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$233,000
7.0% YoY Growth
Household Income
$56,700
50.1% YoY Growth
Days on Market
76
12.0% Shorter YoY
Home Price Forecast
0.3%
Median Rent
$1,700
2.9% YoY Growth
1-Bed Rent
$1,300
5.0% YoY Growth
2-Bed Rent
$1,500
3.2% YoY Growth
3-Bed Rent
$1,950
2.5% YoY Growth
Home Price Trends — Palm Bay, FL
As of Dec '25, the median home price in Palm Bay, FL is $233,000, with a year-over-year change of -7.0%. This indicates that home prices in Palm Bay, FL are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $233,000 | -7.0% |
| Single Family | $247,000 | -7.1% |
| Condos | $145,000 | -9.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |