Palm Bay, FL · 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.
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At a glance
125,273
$67,521
$248,000–$325,000
$1,487/mo
-0.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
Why Palm Bay
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.
FHFA's House Price Index for Palm Bay-Melbourne-Titusville, FL shows a +5.0% year-over-year change in its most recent quarter.
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.
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Common questions
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.
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Palm Bay's population at approximately 125,273.
The Census ACS estimates median gross rent in Palm Bay at approximately $1,487 per month.
Census ACS data puts the median household income in Palm Bay at approximately $67,521.
FHFA's House Price Index for Palm Bay-Melbourne-Titusville, FL shows a +5.0% year-over-year change in the most recent quarter.
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