House Prices

Lockmar Estates Palm Bay, FL House Prices & Home Values 2026


Average Data

average house price$242,028
average size per house1637 ft²
average price per ft²143 $ / ft²

04/05/2026 - The value range (VR) for house prices in Lockmar Estates Palm Bay, FL is $135.85/ sqft to $150.15/ sqft. An average home with 1637 sqft costs approximately $213,714 to $236,210. Palm Bay, FL includes 1 ZIP codes and it is located in Brevard county. The lowest prices are found in ZIP 32907, while the highest are in ZIP 32907. The average price per sqare feet is $143. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Lockmar Estates Palm Bay

32907139 $ / ft²




Historical development of home values in Lockmar Estates Palm Bay

Year Estimated value (USD) Change vs. 2025
2010 $112,402 -53.6%
2011 $108,056 -55.4%
2012 $107,765 -55.5%
2013 $111,793 -53.8%
2014 $117,351 -51.5%
2015 $123,374 -49.0%
2016 $129,813 -46.4%
2017 $136,819 -43.5%
2018 $144,383 -40.3%
2019 $151,078 -37.6%
2020 $158,888 -34.4%
2021 $180,718 -25.3%
2022 $210,677 -13.0%
2023 $222,169 -8.2%
2024 $235,021 -2.9%
2025 $242,028 0.0%

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



Example: 100% financing house in Lockmar Estates Palm Bay

Loan amount: $242,028

Interest rate: 5.77%

Fixed monthly payment: $1,414.87

Breakdown in the 1st month:
Interest portion: $1,162.94  –  Principal portion: $251.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,874.15 $3,104.30 $238,923.70
2 $13,690.35 $3,288.10 $235,635.60
3 $13,495.66 $3,482.79 $232,152.81
4 $13,289.45 $3,689.00 $228,463.82
5 $13,071.03 $3,907.42 $224,556.40
6 $12,839.68 $4,138.77 $220,417.63
7 $12,594.63 $4,383.82 $216,033.82
8 $12,335.07 $4,643.38 $211,390.44
9 $12,060.14 $4,918.30 $206,472.13
10 $11,768.94 $5,209.51 $201,262.63
11 $11,460.49 $5,517.96 $195,744.67
12 $11,133.78 $5,844.67 $189,900.00
13 $10,787.73 $6,190.72 $183,709.28
14 $10,421.18 $6,557.26 $177,152.02
15 $10,032.94 $6,945.51 $170,206.51
16 $9,621.71 $7,356.74 $162,849.77
17 $9,186.12 $7,792.32 $155,057.44
18 $8,724.75 $8,253.70 $146,803.75
19 $8,236.06 $8,742.38 $138,061.36
20 $7,718.44 $9,260.01 $128,801.36
21 $7,170.17 $9,808.28 $118,993.08
22 $6,589.44 $10,389.01 $108,604.07
23 $5,974.32 $11,004.13 $97,599.94
24 $5,322.78 $11,655.67 $85,944.27
25 $4,632.67 $12,345.78 $73,598.49
26 $3,901.69 $13,076.76 $60,521.73
27 $3,127.44 $13,851.01 $46,670.72
28 $2,307.34 $14,671.11 $31,999.61
29 $1,438.69 $15,539.76 $16,459.85
30 $518.60 $16,459.85 $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 Lockmar Estates Palm Bay, FL


1500 sqft3900 sqft
Ø selling price$249,423$530,591
Ø fast selling$226,748$477,532
Ø high price sale$272,098$583,650

In 2026, houses in Lockmar Estates Palm Bay, FL will be offered at an average price of $143 per square foot. A 1,500 sqft home priced at $249,423 is 22.10% more expensive per square foot than a 3,900 sqft home priced at $530,591. Home prices in Lockmar Estates Palm Bay, FL vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $367,332. Sellers who can wait longer may achieve a higher price of up to $448,961.


Lockmar Estates, Palm Bay FL Neighborhood Guide

Location & Lifestyle

Lockmar Estates in Palm Bay, FL is a sought-after neighborhood known for quiet streets, mature trees, and convenient access to shopping, dining, and the Space Coast.

Located near I-95 and major corridors, it offers an easy commute to Melbourne employers and nearby beaches.


Homes & Lot Features

Many homes feature oversized lots, fenced yards, and room for boat or RV parking, with no mandatory HOA in many areas.

Buyers will find a mix of concrete block ranches, newer builds, and renovated properties that appeal to first-time and move-up homeowners.

Streets are laid out in a convenient grid, making it simple to navigate and enjoy evening walks or bike rides.


Schools, Parks & Nature

Families appreciate proximity to well-rated Brevard County schools, local parks, and the scenic Turkey Creek Sanctuary for kayaking and nature trails.

Essential services, medical facilities, and everyday conveniences are only minutes away, enhancing daily livability.


Real Estate & Buying Tips

The Lockmar Estates real estate market stays active, with homes for sale that often attract multiple showings thanks to value, lot size, and location.

Whether you are upgrading, downsizing, or investing, this neighborhood delivers long-term appeal and consistent rental interest across the Space Coast.

Explore current homes for sale in Lockmar Estates to discover spacious yards, flexible floor plans, and a relaxed Florida lifestyle in Palm Bay.



FAQ – Home Values in Lockmar Estates Palm Bay

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

In 2026, the typical home value in Lockmar Estates Palm Bay is about $242,028 for an average home size of 1637 square feet. This corresponds to an average price of roughly $143 per square foot.

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

In 2026, homes in Lockmar Estates Palm Bay sell for an average of around $143 per square foot, with a typical range between $135.85 and $150.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Lockmar Estates?

The average home size in Lockmar Estates Palm Bay is about 1637 square feet, with an estimated 2026 value around $242,028.



Neighborhoods close to Lockmar Estates Palm Bay, FL

Gifford Vero Beach, FL181 $ / ft²
Biscayne Key Estates Key Biscayne, FL910 $ / ft²
The Hammocks Miami, FL196 $ / ft²
Ventura Orlando, FL133 $ / ft²
Haile Plantation Gainesville, FL155 $ / ft²
Holley by the Sea Navarre, FL182 $ / ft²
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