Featured local agent
Scott Brown — eXp Realty
Licensed in Florida (#3641772). Text for the fastest response — call routing to this number is still being confirmed.
Text (352) 352-5665Palm Bay, FL · Market Data
Palm Bay, Florida real estate market data.
Real estate market data for Palm Bay, FL (Brevard County) — home values typically $248,000–$325,000, down about 0.6% over the past year.
Palm Bay, FL is in Brevard County, within the Space Coast region — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 125,273, with a median household income of $67,521. Home values across public data sources typically range from $248,000–$325,000, down about 0.6% over the past year.
Want brand-new construction in Palm Bay? See builders and communities on NewUSAHouses.com.
At a glance
Palm Bay market snapshot
Population
125,273
Median Household Income
$67,521
Home Value Range
$248,000–$325,000
Median Gross Rent
$1,487/mo
Price Trend (YoY)
-0.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
Local resources
Get help buying or selling in Palm Bay
What can I afford?
Estimate a comfortable price range in under a minute, then connect with a lender for real numbers.
Rough estimate only (28% of income toward housing, ~6.5% illustrative rate, 30-year term) — not a loan offer or pre-qualification. Connect with a lender for real numbers →
Open
Advertise to local buyers
Lenders, inspectors, movers, and other local pros — this spot is open.
Advertise here →Why Palm Bay
What makes Palm Bay different
Home Value, By Source
A public home-value index (incl. Zillow) puts the typical value at $305,745 as of 2026-05-31. Public closed-sale data separately puts the median sale price at $325,000 as of 2026-05-31, based on 241 homes sold that month. These measure different things (a value index vs. actual closed sales), which is why we show a range rather than picking one — full source list on our data sources page.
Regional Price Trend
FHFA's House Price Index for Palm Bay-Melbourne-Titusville, FL shows a +5.0% year-over-year change in its most recent quarter.
Population & Income
Palm Bay has an estimated population of 125,273 and a median household income of $67,521, per the Census Bureau's American Community Survey (2023 5-year estimate). The same survey estimates median home value (owner-reported, across all owner-occupied homes, not just recent sales) at $248,000.
Local life
Life in Palm Bay
Schools
Brevard County Public Schools serves the area — 111 schools, 74,125 students enrolled, per the U.S. Department of Education's Common Core of Data.
Reach Palm Bay buyers
Builders: feature your communities in front of Palm Bay buyers — learn about advertising ↗
Want to own this market? Ask about our Palm Bay domains — see available domains ↗
Common questions
Palm Bay FAQ
What are home values like in Palm Bay, FL?
Public data sources put typical home values in Palm Bay at $248,000–$325,000, down about 0.6% over the past year. Because sources measure this differently (a value index vs. actual closed sale prices), we show a range rather than one number — see our data sources page for details.
What is the population of Palm Bay, FL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Palm Bay's population at approximately 125,273.
What's the median rent in Palm Bay, FL?
The Census ACS estimates median gross rent in Palm Bay at approximately $1,487 per month.
What is the median household income in Palm Bay, FL?
Census ACS data puts the median household income in Palm Bay at approximately $67,521.
Is the Space Coast housing market growing?
FHFA's House Price Index for Palm Bay-Melbourne-Titusville, FL shows a +5.0% year-over-year change in the most recent quarter.
Search Palm Bay homes
Look up homes in Palm Bay
Search new construction and resale homes in Palm Bay — the same live MLS data agents use, not just what's summarized on this page.
Search Palm Bay homes ↗Get connected
Find your Palm Bay new home
Prices, availability, and incentives change weekly and don't always make it onto this page. Tell us your area, budget, and timeline and we'll point you to communities that fit — including options we track but haven't published here yet.
Get connected in Palm BayGet the Palm Bay market guide
Tell us what you're looking for — buy, sell, both, invest, rent, or you're an agent, builder, vendor, or advertiser. Include where you want to buy or sell and your address if relevant, and we'll route you to the right resource.
Buyer · Seller · Both · Investor · Renter · Agent/Broker · New Home Builder · Vendor/Service Pro · Advertiser · Other