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

In June 2026 Palm Bay homes were listed to buy for a median price of $349K, The median value of a home listed to buy in Palm Bay in June 2026 was $192 per sqft, which is a 2% decrease to May 2025 last month, and a 1% decrease to June 2025 last year.

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

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

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

Yes now is a good time to buy property in Palm Bay, in June 2026, homes in Palm Bay have decreased in value (price per sqft) by 1% in the last year compared with June 2025.

Is the Palm Bay, FL housing market slowing down?

The housing market in Palm Bay is slowing down. In June 2026, homes to buy in Palm Bay spent an median 94 days on the market, a 13% decrease from June 2025 last year.

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

The best and safest neighborhoods to live in Palm Bay in June 2026 are Lansing Island, Montecito, Wickham Forest, Alamanda Key, Forest Creek, Oceanfront, Loveridge Heights, Sandy Pines Preserve, Bayside Lakes, Ixora Park, Lake Washington Townhomes, Sonesta Walk, Port Malabar Country Club, Palm Bay Homes, Snug Harbor Village, Turkey Creek, Oakmont Preserve, Arlington Pines Townhouses, Tillman, Palm Bay Colony

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

In June 2026, Palm Bay homes were listed to buy for a median price of $349K, with 25% down you would need $1.99K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $68.4K.

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

Yes now is a good time to sell your house in Palm Bay, in June 2026, homes in Palm Bay have decreased in value (price per sqft) by 1% in the last year compared with June 2025.

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Palm Bay, FL Real Estate Snapshot

List Price

$347,990

$/Sqft

$192

Homes For Sale

2,083

Home Size

1,828 Sqft

Days on Movoto

Frequently Asked Questions about Palm Bay, FL

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