Palm Bay, FL Real Estate Market Summary – September 7, 2026

In Palm Bay, FL, a total of 306 homes were reported sold in the last 30 days, equating to an average of about 10 sales per day. The average living area of these homes was approximately 1,835 square feet, with a median sale price of $329,999.

Metric 30 Days
Number Sold 306
Sold Per Day 10.20
Average SQFT 1835
Median Sales Price $330,000
Average Sales Price $327,431
Average Price Per SQFT $183
Average Days on Market 16
Average Year Built 2013

 

Palm Bay, FL Single Family Home Analysis

The single-family home segment saw 293 properties sold during this period, with an average living area of about 1,836 square feet. Homes in this category typically had a median sale price of $330,000.

Metric 30 Days
Number Sold 293
Sold Per Day 9.77
Average SQFT 1836
Median Sales Price $330,000
Average Sales Price $327,175
Average Price Per SQFT $183
Average Days on Market 16
Average Year Built 2013

 

Palm Bay, FL Condo & Townhome Analysis

In the condo and townhome segment, 11 properties changed ownership, averaging approximately 1,585 square feet of living space. The median price for these units was $255,000.

Metric 30 Days
Number Sold 11
Sold Per Day 1 every 2.73 days
Average SQFT 1585
Median Sales Price $255,000
Average Sales Price $284,764
Average Price Per SQFT $172
Average Days on Market 17
Average Year Built 2007

 

Buyer & Seller Analysis

  • Average pace of 10.20 homes sold per day.
  • Homes spent an average of 16 days on the market before sale.
  • The median sale price across all segments was $329,999.
  • Condos and townhomes had a median sale price of $255,000.

Conclusion

Overall, the market in Palm Bay is active, with consistent activity in both the single-family and condo/townhome segments. The data suggests a stable environment for those looking to buy or sell in the area.

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