Palm Bay Real Estate Market Overview

Could Palm Bay, FL be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Palm Bay. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Palm Bay such as Melbo...urne and West Melbourne. When you’re ready, Trulia has 453 resale and new homes in Palm Bay lined up for you, including 5 open houses, and 448 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$142,000

Median Sales Price

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$92

Price Per Sqft

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$1,200

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Palm Bay show a 26% year-over-year rise in median sales price and a 2% rise in median rent per month.

Median Sales Price
The median sales price for homes in Palm Bay for Mar 23 to Jun 22 was $142,000 based on 160 home sales.
Price Per Square Ft.
Average price per square foot for Palm Bay was $92, an increase of 30% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Palm Bay for May 23 to Jun 23 was $1,200.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Palm Bay can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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23

Counts of Theft

23

Counts of Assault

15

Counts of Arrest


Best Schools in Palm Bay

There are 19 schools in Palm Bay.

Elementary Schools
8

Sunrise Elementary School

Public, K - 6

8

Lockmar Elementary School

Public, PK - 6

7

Westside Elementary School

Public, K - 6

Middle Schools
6

Southwest Middle School

Public, 7 - 8

6

Odyssey Charter School

Public, PK - 10

6

Royal Palm Charter School

Public, K - 8

High Schools
6

Bayside High School

Public, 9 - 12

5

Heritage High School

Public, 9 - 12

1

Riverdale Country Day School

Public, K - 12


Demographics

Get to know your neighbors in Palm Bay by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
29%
Single residents
Home owners
79%
Home owners
Median age
40
Median age
Household income
$46,538
Median household income
College educated
26%
College educated

Commute

Most people in Palm Bay commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
98% commute by car
0% commute by bike
0% commute by public transportation
0% commute by foot

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