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Palm Bay Market Report

$223,028

AVERAGE PRICE OF 567 HOMES

$148,397

AVERAGE PRICE OF 20 DISTRESSED HOMES

$257,283

AVERAGE PRICE OF 155 NEWLY BUILT HOMES

$247,683

AVERAGE PRICE OF 107 HOMES WITH A POOL

$203,813

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $223,028
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $85,600
2 bedrooms $117,005
3 bedrooms $207,441
4 bedrooms $266,259
5 bedrooms $329,864
Palm Bay Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 572 540 542 574 551
Average Price $222,799 $223,010 $220,886 $222,451 $220,442
Avg Price Change -0.09% +0.96% -0.71% +0.91% -0.93%
Median Price $214,926 $212,794 $213,291 $214,962 $214,950
Med Price Change +1.00% -0.23% -0.78% +0.01% -0.55%
Avg Bedrooms 3.28 beds 3.23 beds 3.23 beds 3.26 beds 3.24 beds
Avg Bathrooms 2.12 baths 2.11 baths 2.11 baths 2.13 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 190 $241,304 82 days
Heritage 134 $220,168 74 days
Melbourne 1 $305,000 78 days
Palm Bay 148 $205,722 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 567 $223,028 77 days
Distressed Homes 20 $148,397 93 days
Newly Built Homes 155 $257,283 95 days
Homes with a Pool 107 $247,683 76 days
Reduced Price Homes 22 $203,813 55 days