Are home prices going up or down in Palm Bay, FL?
In Palm Bay, FL, the typical home sold for $367,500 during May 2026 — about the same as a year ago. Prices are flat, not rising or falling.
Over the last 36 months the typical sale price in Palm Bay, FL went from $355,000 to $367,500 — up 4%.
The high point was $374,900, reached in April 2024. Today's typical sale is 2% below that.
Measured by size, homes in Palm Bay, FL are selling for about $213 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Palm Bay, FL area, through May 2026.
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More about the Palm Bay, FL market
- When is the best month to sell a house in Palm Bay, FL?
- How long does it take to sell a house in Palm Bay, FL?
- Do homes sell above asking price in Palm Bay, FL?
- Is Palm Bay, FL a buyer's market or a seller's market?
- How many homes are for sale in Palm Bay, FL?
- All Palm Bay, FL housing numbers
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Figures come from Redfin's published market data for the Palm Bay, FL area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.