Palm Bay, FL · city

Palm Bay, Florida houses and real estate market data.

Houses in Palm Bay, FL (Brevard County) — Census median home value $248,000, county listing prices showing typical seasonal movement. Market data for Palm Bay houses and the broader area.

city · Census GEOID 1254000

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554 Keys Blvd Clearlake Oaks CA Lake Home For Sale Canal View
FEATURED LISTING: WATERFRONT LAKE HOME FOR SALE
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$399,000 • 3 Beds • 2 Baths • 1,204 Sq Ft
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*Listed by Scott Brown, eXp Realty of California, Inc. DRE #01956840. Inquiries delivered directly to listing agent. Search.USAHouses.com*
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Scott@USAHouses.com
Call/Text (707) 474-8855
Click Anywhere on Ad for More Info / Listing Page

Palm Bay, FL is a city in Brevard County, Florida — this guide covers houses in Palm Bay and the whole local market: 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. Census data puts the median value of houses in Palm Bay at $248,000.

Info from government sites and builders may have provided source info.

Open map pin ↗ · 27.954802, -80.664962

At a glance

Palm Bay market snapshot

Place type

city

Population

125,273

County

Brevard County

Map pin

27.954802, -80.664962

Census GEOID

1254000

Land area

86.67 sq mi

Median Household Income

$67,521

Median Home Value (city)

$248,000

Median Gross Rent

$1,487/mo

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Palm Bay

What makes Palm Bay different

City

The U.S. Census Bureau lists Palm Bay as a city in Brevard County, Florida.

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Palm Bay's median home value — across all owner-occupied homes, not just recent sales — at $248,000.

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).

Affordability Snapshot

Palm Bay's Census-reported median home value works out to about 3.7x the area's median household income, and median gross rent runs roughly 26% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Palm Bay FAQ

What are houses worth in Palm Bay, FL?

The Census Bureau's American Community Survey puts the median value of houses in Palm Bay at $248,000.

How much do houses cost in Palm Bay, FL?

For owner-occupied houses in Palm Bay, Census ACS data shows a median value of $248,000. Active listing prices in Brevard County may differ — see the market snapshot above.

What types of houses are in Palm Bay, FL?

Palm Bay houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Brevard County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What kind of place is Palm Bay, FL?

The U.S. Census Bureau lists Palm Bay as a city in Brevard County, Florida.

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 Palm Bay, FL affordable relative to income?

Census ACS data puts Palm Bay's median home value at about 3.7 times the median household income, with median gross rent equal to roughly 26% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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Nearby USAHouses.com places

Places around Palm Bay

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New-home communities in Palm Bay, Florida

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