Palm Bay, FL, Real Estate
Palm Bay currently has 146 single family homes for sale with an average list price of $367,050, 5 townhouses for sale with an average list price of $218,668, 1 condo for sale with a list price of $129,900, and 209 lots for sale with an average list price of $56,686. The average annual property tax for Palm Bay is $1,679.
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Palm Bay, i.e. what's hot and what's not.
See What's Hot & What's Not in Palm Bay
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Palm Bay, i.e. what's hot and what's not.
Market Trends
Palm Bay home sales for the month of March decreased in volume by 29.4% when compared to last year, while the median sale price rose by 3.1% from $324,500 to $334,500. House sales decreased by 29.4%, while the median sale price rose by 3.1% from $324,500 to $334,500.
|
107
|
145
|
253
|
265
|
| 2020 | 2021 | 2022 | 2023 |
| # of sales per year | |||
|
$210,000
|
$250,000
|
$320,000
|
$323,500
|
| 2020 | 2021 | 2022 | 2023 |
| median sale price per year | |||
Median Sale Price for Palm Bay
Number of Sales for Palm Bay
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