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 419 resale and new homes in Palm Bay lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$164,500

Median Sales Price

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$104

Price Per Sqft

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$1,275

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 13% year-over-year rise in median sales price and a 1% rise in median rent per month.

Median Sales Price
The median sales price for homes in Palm Bay for May 24 to Aug 23 was $164,500 based on 563 home sales.
Price Per Square Ft.
Average price per square foot for Palm Bay was $104, an increase of 13% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Palm Bay for Jul 24 to Aug 24 was $1,275.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around 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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4

Counts of Shooting

2

Counts of Theft

1

Count of Assault


Best Schools in Palm Bay

There are 39 schools in Palm Bay.

Elementary Schools
8

Meadowlane Intermediate Elementary School

Public, 4-6

8

Odyssey Charter Elementary And Junior Senior High School

Charter, K-11

7

Lockmar Elementary School

Public, PK-6

Middle Schools
8

Odyssey Charter Elementary And Junior Senior High School

Charter, K-11

5

Southwest Middle School

Public, 7-8

5

Central Middle School

Public, 7-8

High Schools
8

Odyssey Charter Elementary And Junior Senior High School

Charter, K-11

7

Melbourne Senior High School

Public, 9-12

5

Heritage High School

Public, 9-12


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
41
Median age
Household income
$46,550
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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