Palm Bay Market Trends


Median Sales Price in Palm Bay

 

1 yr 5 yr Max
Palm Bay median sales prices
Number of sold homes in Palm Bay
No. Bedrooms Sep - Dec '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $49,500 -1.0% $64,500 $50,000 $41,950
3 bedrooms $102,500 +13.9% $98,000 $90,000 $89,625
4 bedrooms $139,500 -2.8% $145,000 $143,500 $145,000
All properties $102,000 +8.5% $98,500 $94,000 $90,750
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Summary for Palm Bay


The median sales price for homes in Palm Bay FL for Sep 14 to Dec 14 was $102,000. This represents an increase of 3.6%, or $3,500, compared to the prior quarter and an increase of 8.5% compared to the prior year. Sales prices have appreciated 12.4% over the last 5 years in Palm Bay. The average listing price for Palm Bay homes for sale on Trulia was $133,089 for the week ending Dec 17, which represents an increase of 1.2%, or $1,618, compared to the prior week and an increase of 2.6%, or $3,387, compared to the week ending Nov 26. Average price per square foot for Palm Bay FL was $65, an increase of 10.2% compared to the same period last year. Popular neighborhoods in Palm Bay include Palm Bay Colony, Amberwood At Bayside Lakes, Magnolia Park At Bayside Lakes, Palm Bay Estates Mobile Home Park, Brookside At Bayside Lakes, and Bayside Lakes.

Average Listing Price in Palm Bay

 

Palm Bay average property price
Palm Bay – number of properties
No. Bedrooms Week ending
Dec 17
w-o-w Week ending
Dec 10
Week ending
Dec 3
Week ending
Nov 26
1 bedroom $51,914 +2.2% $50,788 $50,689 $51,044
2 bedrooms $73,743 -0.6% $74,182 $74,446 $74,718
3 bedrooms $125,443 +0.6% $124,745 $125,969 $122,524
4 bedrooms $179,610 +3.1% $174,184 $174,649 $173,711
All properties $133,089 +1.2% $131,471 $132,493 $129,702
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Average Price Per Sqft. for Homes in Palm Bay

 

1 yr 5 yr Max
Palm Bay average price per square foot
No. Bedrooms Sep - Dec '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $53 -5.4% $61 $56 $48
3 bedrooms $67 +13.6% $64 $59 $57
4 bedrooms $67 -2.9% $70 $69 $67
All properties $65 +10.2% $64 $59 $58
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Popular Neighborhoods in Palm Bay


Neighborhoods Week ending
Dec 17
w-o-w Week ending
Dec 10
Week ending
Dec 3
Palm Bay Colony 1 1 1
Amberwood At Bayside Lakes 2 +3 5 7
Magnolia Park At Bayside Lakes 3 +14 17 9
Palm Bay Estates Mobile Home Park 4 +3 7 3
Brookside At Bayside Lakes 5 -2 3 5
Bayside Lakes 6 +3 9 14
Stats & Trends
Homes for Sale in Palm Bay
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