Palm Bay, FL, Real Estate
Palm Bay currently has 155 single family homes for sale with an average list price of $366,317, 5 townhouses for sale with an average list price of $216,668, 2 condos for sale with an average list price of $139,900, and 193 lots for sale with an average list price of $58,646. The average annual property tax for Palm Bay is $1,676.
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 April rose in volume by 38.1% when compared to last year, while the median sale price rose by 21.5% from $279,900 to $340,000. House sales rose by 38.1%, while the median sale price rose by 21.5% from $279,900 to $340,000.
|
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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