How much does it cost to buy a house in Ellis Colony Palm Bay, FL?

In May 2025 Ellis Colony homes were listed to buy for a median price of $219K, which is a 19% decrease to April 2024 last month, and a 18% decrease to June 2025 last year. The median value of a home listed to buy in Ellis Colony in May 2025 was $156 per sqft, which is a 34% decrease to April 2024 last month, and a 33% decrease to June 2025 last year.

Is it affordable or expensive to live in Ellis Colony Palm Bay, FL?

It is affordable to live in Ellis Colony. Buying a home in Ellis Colony is 1% less expensive compared with the national average.

Is it a good time to buy property in Ellis Colony Palm Bay, FL?

Yes now is a good time to buy property in Ellis Colony, in May 2025, homes in Ellis Colony have decreased in value (price per sqft) by 33% in the last year compared with June 2025.

Is the Ellis Colony Palm Bay, FL housing market slowing down?

The housing market in Ellis Colony is slowing down. In May 2025, homes to buy in Ellis Colony spent an median 19 days on the market, a 5% decrease from June 2025 last year.

What are the best and safest places to live in Ellis Colony Palm Bay, FL?

The best and safest neighborhoods to live in Ellis Colony in May 2025 are Lansing Island, Melbourne Beach, Montecito, Wickham Forest, Alamanda Key, Forest Creek, Sandy Pines Preserve, Eagle Lake, Bayside Lakes, Lake Washington Townhomes, Sonesta Walk, Port Malabar Country Club, Palm Bay Homes, Snug Harbor Village, Barefoot Bay, Turkey Creek, Oakmont Preserve, Arlington Pines Townhouses, Tillman, Palm Bay Colony

How much money should I make to buy a house in Ellis Colony Palm Bay, FL?

In May 2025, Ellis Colony homes were listed to buy for a median price of $219K, with 25% down you would need $1.27K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $43.6K.

Is it a good time to sell my house in Ellis Colony Palm Bay, FL?

Yes now is a good time to sell your house in Ellis Colony, in May 2025, homes in Ellis Colony have decreased in value (price per sqft) by 33% in the last year compared with June 2025.

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Ellis Colony Real Estate Snapshot

List Price

$219,900

$/Sqft

$156

Homes For Sale

Home Size

1,408 Sqft

Days on Movoto

Frequently Asked Questions about Ellis Colony Palm Bay, FL

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Real Estate & Homes For Sale Nearby Ellis Colony Palm Bay, FL

Counties

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