CENTURY 21 Edge

Homes for sale in

Palm Bay, Florida

Space Coast value with room to grow

162

Homes for sale

$341,495

Median list price

$192

Avg price / sqft

42

Median days on market

Palm Bay sits at the south end of Brevard County, a sprawling Space Coast city where big lots and quiet residential grids still leave room for new rooftops. Established pockets like Port Malabar and Bayside Lakes sit alongside a steady wave of new construction, and golfers gravitate toward Port Malabar Country Club. It's a commuter-and-family town more than a tourist one, with the beaches and the tech corridor both within easy reach.

For buyers, the math is friendly: with 267 active listings and a median list price of $350,000, Palm Bay is one of the more affordable footholds on this stretch of coast. Homes are moving at a median of 42 days, sellers are getting about 98% of asking, and 104 of the active listings are new-build — so there's genuine choice whether you want turnkey or a resale. If budget is tight, it's worth learning to browse by price since the active range starts around $120,000.

Palm Bay is in Brevard County, Florida.

Quick facts

$120,000$570K price range

1,811 sqft median home

$2,125/mo median rent

Leans seller right now

Drive times

Orlando Int’l Airport (MCO)69 min
Downtown Orlando74 min

Fresh on the market

Newest homes in Palm Bay

View all 162 homes →

162 of 162 active listings shown

Open full map search →

The numbers that matter

The Palm Bay market

Leans seller

4.9 months of inventory

Seller’s marketBuyer’s market

Demand still outpaces supply, but buyers have a little more room.

375

Sold, last 12 months

$314,900

Median sold price

98%

Sale-to-list ratio

What sellers actually get vs asking

34 days

Median time to sell

Palm Bay vs Brevard County

Median list price

Palm Bay$341K
Brevard Co.$350K

Price per sqft

Palm Bay$192
Brevard Co.$243

Days on market

Palm Bay42d
Brevard Co.41d

Median sold price — 3-yr, 3-mo rolling

6.4% yr/yr

$283K$312K$340KAug ’23Jul ’26

Homes on the market

28.5% yr/yr

126172218Aug ’23Jul ’26

Homes sold per month

02142Aug ’24Jul ’26

Live Stellar MLS data — listings and closed sales in Palm Bay, FL. Rolling medians smooth single-month swings in thin markets.

Where to look

Palm Bay neighborhoods

Show all 8 Palm Bay neighborhoods A–Z+

Neighborhood boundaries by edgeAI — listings matched to the actual polygon, not agent-entered subdivision names.

For the school run

School zones with homes for sale

Homes matched to official attendance boundaries — always verify zoning with the district.

Beyond the listings

Living in Palm Bay

01

New construction is everywhere

104 of the 267 active listings are new builds, giving buyers real leverage on layout, warranty, and move-in timing.

02

Single-family territory

With 244 of the active homes being single-family residences, Palm Bay is built for buyers who want a yard and a driveway, not shared walls.

03

Affordable by Space Coast standards

A $350,000 median list price and $195 average per square foot make it an accessible entry point into Brevard County.

04

Low carrying costs

Median HOA runs just $62/month and median property tax around $1,988/year, keeping monthly ownership costs manageable.

05

Balanced, steady market

485 homes sold in the past year at a median of $314,990, with sellers averaging 98% of asking — neither frantic nor stalled.

Population

125,273

Median age

41.3

Median income

$67,521

Median home value

$248,000

What people here are into

Active

Fitness Obsession

Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.

Appearance oriented

Trend Trackers

This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.

Appearance oriented

Body Art

Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.

Hobbies & Interests

Engine Enthusiast

This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.

Relationships

My Crew

Family, and friends who are like family - that's what this population is all about. These people love celebrating and nurturing their closest relationships.

Food & Drink

Fueling for Fitness

A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.

What it really costs

Owning here

Owning the median Palm Bay home

$2,245/mo

Principal & interest $1,799
Property tax $173
HOA / fees $63
Insurance (est.) $210

$341,495 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

4%

In a FEMA flood zone

Most homes here sit outside high-risk zones

$2,125/mo

Median rent

15 homes for rent right now

Straight answers

Palm Bay real estate FAQs

Is Palm Bay a good place to live?+

It's a practical, family-oriented Space Coast city with big residential lots and a strong supply of single-family homes — 244 of the current active listings. Golfers have Port Malabar Country Club, and commuters can reach downtown Orlando in about 74 minutes. It leans quiet and residential rather than nightlife-driven.

Is Palm Bay expensive?+

Compared to much of coastal Florida, no. The median list price is $350,000 and the average is $195 per square foot, and active prices start around $120,000, so it's one of the more attainable markets in the region. You can browse by price to find the lower end of the range.

What do homes cost in Palm Bay?+

Active listings run from $120,000 up to about $3,499,000, with a median list price of $350,000 on a median home size of 1,830 sqft. Over the past 12 months, 485 homes sold at a median price of $314,990. There's a healthy pipeline of new construction with 104 active builds.

How is the Palm Bay housing market right now?+

It's steady and balanced. Homes are selling in a median of 42 days and sellers are getting about 98% of their asking price on average, so well-priced listings move without either side having a lock on leverage. It's worth checking what's just reduced for the best negotiating room.

What about HOA fees and property taxes?+

Carrying costs here are light: the median HOA is just $62/month, and many single-family properties have none at all. Median property tax lands around $1,988/year, and if you'd rather have amenities and upkeep handled, the gated communities are where dues concentrate.

Keep exploring

Nearby areas

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.

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Space Coast AORThese listings are provided by the IDX Program of Brevard County, Florida. Real Estate listings held by brokerage firms other than CENTURY 21 Edge Central Florida are marked with the IDX Logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers'' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

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