House Prices

House Prices & Home Values Palm Bay, FL 2026


Average Data

average house price$238,814
average size per house1647 ft²
average price per ft²146 $ / ft²

06/03/2026 - The value range (VR) for house prices in Palm Bay, FL is $126/ sqft to $144/ sqft. An average home with 1647 sqft costs approximately $207,522 to $237,168. Palm Bay, FL includes 4 ZIP codes and it is located in Brevard county. The lowest prices are found in ZIP 32905, while the highest are in ZIP 32907. The average price per sqare feet is $146. Our analysis is based on 98 property listings.

Avergage prices by ZIP codes Palm Bay

32905135 $ / ft²
32907130 $ / ft²
32908138 $ / ft²
32909144 $ / ft²


House prices by neighborhoods in Palm Bay

Lockmar Estates139 $ / ft²
Port Malabar Unit 45157 $ / ft²
Port Malabar Unit 46151 $ / ft²
Port Malabar Unit 47157 $ / ft²
Port Malabar Unit 48144 $ / ft²
Port Malabar Unit 49155 $ / ft²




Historical development of home values in Palm Bay

Year Estimated value (USD) Change vs. 2025
2010 $110,910 -53.6%
2011 $106,621 -55.4%
2012 $106,334 -55.5%
2013 $110,308 -53.8%
2014 $115,793 -51.5%
2015 $121,736 -49.0%
2016 $128,089 -46.4%
2017 $135,002 -43.5%
2018 $142,466 -40.3%
2019 $149,072 -37.6%
2020 $156,778 -34.4%
2021 $178,319 -25.3%
2022 $207,879 -13.0%
2023 $219,218 -8.2%
2024 $231,901 -2.9%
2025 $238,814 0.0%

Graph: estimated home values in Palm Bay over time (USD)



Example: 100% financing house in Palm Bay

Loan amount: $238,814

Interest rate: 6.00%

Fixed monthly payment: $1,431.81

Breakdown in the 1st month:
Interest portion: $1,194.07  –  Principal portion: $237.74

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,249.06 $2,932.66 $235,881.34
2 $14,068.18 $3,113.54 $232,767.79
3 $13,876.15 $3,305.58 $229,462.21
4 $13,672.27 $3,509.46 $225,952.75
5 $13,455.81 $3,725.92 $222,226.83
6 $13,226.00 $3,955.72 $218,271.11
7 $12,982.02 $4,199.70 $214,071.40
8 $12,722.99 $4,458.73 $209,612.67
9 $12,447.99 $4,733.74 $204,878.93
10 $12,156.02 $5,025.70 $199,853.23
11 $11,846.05 $5,335.68 $194,517.55
12 $11,516.95 $5,664.77 $188,852.78
13 $11,167.56 $6,014.16 $182,838.61
14 $10,796.62 $6,385.10 $176,453.51
15 $10,402.80 $6,778.92 $169,674.59
16 $9,984.70 $7,197.03 $162,477.56
17 $9,540.80 $7,640.93 $154,836.63
18 $9,069.52 $8,112.20 $146,724.42
19 $8,569.18 $8,612.55 $138,111.88
20 $8,037.98 $9,143.75 $128,968.12
21 $7,474.01 $9,707.72 $119,260.41
22 $6,875.26 $10,306.47 $108,953.94
23 $6,239.58 $10,942.15 $98,011.79
24 $5,564.69 $11,617.04 $86,394.76
25 $4,848.18 $12,333.55 $74,061.21
26 $4,087.47 $13,094.26 $60,966.95
27 $3,279.85 $13,901.88 $47,065.07
28 $2,422.41 $14,759.32 $32,305.75
29 $1,512.09 $15,669.64 $16,636.11
30 $545.62 $16,636.11 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Palm Bay, FL


1500 sqft3900 sqft
Ø selling price$264,991$563,706
Ø fast selling$240,901$507,336
Ø high price sale$289,080$620,077

In 2026, houses in Palm Bay, FL will be offered at an average price of $146 per square foot. A 1,500 sqft home priced at $264,991 is 24.52% more expensive per square foot than a 3,900 sqft home priced at $563,706. Home prices in Palm Bay, FL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $390,259. Sellers who can wait longer may achieve a higher price of up to $476,983.


Palm Bay, FL Travel and Living Guide

Overview

Palm Bay, FL is a growing city on Florida?s Space Coast known for quiet neighborhoods and abundant outdoor recreation.
Set along the scenic Indian River Lagoon, Palm Bay, Florida offers easy access to waterways, nature preserves, and nearby beaches.

Outdoor Attractions

Nature lovers explore the boardwalks and kayak-friendly waters of Turkey Creek Sanctuary.
A short drive delivers you to Atlantic beaches, the Sebastian Inlet, and prime spots for surfing, snorkeling, and wildlife watching.

Lifestyle and Economy

The city blends affordable housing and family-friendly parks with good schools and expanding shopping corridors.
Major employers in aerospace, defense, and tech thrive nearby, while proximity to Melbourne and the Kennedy Space Center fuels career opportunities.

Things to Do

Residents enjoy year-round fishing, boating, paddling, golf, and trail systems that make an active lifestyle easy.
Local eateries, craft breweries, community festivals, and farmers markets create a casual, coastal vibe.

Practical Info

The climate is warm and subtropical, with sea breezes and plenty of sunny days ideal for outdoor plans.
Convenient travel via I-95, the Melbourne Orlando International Airport (MLB), and the St. Johns Heritage Parkway keeps Palm Bay connected to the rest of Central Florida.



FAQ – Home Values in Palm Bay

What is the median home value in Palm Bay in 2026?

In 2026, the typical home value in Palm Bay is about $238,814 for an average home size of 1647 square feet. This corresponds to an average price of roughly $146 per square foot.

What is the average cost per square foot in Palm Bay?

In 2026, homes in Palm Bay sell for an average of around $146 per square foot, with a typical range between $126 and $144 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Palm Bay is about 1647 square feet, with an estimated 2026 value around $238,814.



Locations close to Palm Bay, FL

Cape Canaveral, FL184 $ / ft²
Cocoa, FL117 $ / ft²
Patrick Afb, FL238 $ / ft²
Indialantic, FL265 $ / ft²
Melbourne, FL163 $ / ft²
Orlando, FL265 $ / ft²
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