Neighborhood · Palm Bay, Florida
The Compound
Newer homes and easy value on Palm Bay's southwest side
11
Homes for sale
$350,000
Median list price
$189
Avg price / sqft
50
Median days on market
The Compound sits in the southwest stretch of Palm Bay, close to established neighbors like Port Malabar and Bayside Lakes. It's a practical, quiet pocket where new construction is reshaping the streets — eight of the eleven current listings are brand-new builds — giving buyers a chance at modern floor plans without the coastal price tag you'd pay closer to the water.
For a buyer today, the math is friendly. The median list price sits at $350,000 with homes running about $189 per square foot, and over the last year sellers have averaged a full 100% of asking across 28 sales — a sign of steady, healthy demand. With 50 days as the typical time on market, there's room to be deliberate, and it's worth comparing against the broader pool of Palm Bay homes for sale or scanning the live map before you commit.
The Compound is a community in Palm Bay, Florida.
Quick facts
$294,888 – $450K price range
1,808 sqft median home
$2,400/mo median rent
28 sold in 12 months
On the market now
Homes for sale in The Compound
$399,000
3121 LA FRANCE AVENUE SW, PALM BAY
4 bd · 3 ba · 1,952 sqft
$375,995
335 FRANZING ST SW, PALM BAY
4 bd · 2 ba · 1,775 sqft
$330,000
563 GALLAGHER STREET SW, PALM BAY
4 bd · 2 ba · 1,824 sqft
$338,990
440 LARINO ROAD SW, PALM BAY
3 bd · 2 ba · 1,808 sqft
$399,000
2602 DE GROODT ROAD SW, PALM BAY
4 bd · 3 ba · 2,144 sqft
$430,000$440,000
2769 HAGUE STREET SW, PALM BAY
4 bd · 3 ba · 2,431 sqft
$450,000
242 HERITAGE STREET SW, PALM BAY
4 bd · 3 ba · 2,396 sqft
$350,000$359,000
601 YARDLEY STREET SW, PALM BAY
4 bd · 2 ba · 1,788 sqft
$319,888$333,990
3221 FITZPATRICK AVENUE SW, PALM BAY
3 bd · 2 ba · 1,808 sqft
$294,888$298,888
720 OLIVIA STREET SW, PALM BAY
3 bd · 2 ba · 1,477 sqft
$309,888$314,888
810 DARLINGTON AVENUE SW, PALM BAY
3 bd · 2 ba · 1,808 sqft
Every active listing inside the The Compound boundary
Open full map search →Find your fit
Browse The Compound
By feature — on the live map
Where the market lives
The numbers that matter
The The Compound market
28
Sold, last 12 months
$324,944
Median sold price
100%
Sale-to-list ratio
What sellers actually get vs asking
88 days
Median time to sell
The Compound vs Palm Bay
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 9.5% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the The Compound boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools The Compound is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median The Compound home
≈ $2,100/mo
$350,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$2,400/mo
Median rent
Homes for rent inside the boundary
Population
2,892
Median age
39
Median income
$60,410
Median home value
$265,758
Beyond the listings
Living in The Compound
Active
Top 8% in the U.S.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.
Hobbies & Interests
Top 9% in the U.S.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.
Lifestyles
Top 10% in the U.S.Nerd Culture
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
Active
Top 11% in the U.S.Organized Sports
From tryouts and casual pick-up games, to varsity tournaments and intramural matches, this population includes people who participate in organized athletics. Often through schools or public recreational areas.
Entertainment
Top 11% in the U.S.Competitive Nature
These folks have their head in the game. Whether it's creating a card game tournament with friends or cheering on the home team, these people want to win.
Beliefs
Top 12% in the U.S.Local Engagement
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
Straight answers
The Compound FAQs
Is The Compound a good place to live?+
It's a quiet, residential corner of southwest Palm Bay with a mix of new construction and established streets near Port Malabar Country Club. The pace is easygoing and practical, which suits buyers who want space and modern homes over nightlife. Families often look at assigned schools like Robert L. Stevenson Elementary School.
Is it expensive to buy here?+
Not by Brevard standards — the median list price is $350,000 and homes run about $189 per square foot. With active listings ranging from $294,888 to $450,000 and no $1M-plus inventory, this is a value-driven part of Palm Bay.
What do homes cost in The Compound?+
Current listings sit between $294,888 and $450,000, with a $350,000 median and a typical home around 1,808 square feet. Over the last 12 months, 28 homes sold at a median price of $324,944, so recent sales track close to today's asking prices.
How is the market right now?+
Steady and balanced. The median home takes about 50 days to sell, and sellers have averaged a full 100% of asking over the past year across 28 closings — enough demand to keep prices firm without frantic bidding. Eight new-construction listings give buyers real choice among modern homes.
What about HOA fees and property taxes?+
Property taxes here are notably low, with a median around $558 per year. HOA data isn't reported for this pocket, so confirm any community dues on a specific home; newer builds near South Cove sometimes carry their own association fees.
Keep exploring
More Palm Bay neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. 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.
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