Palm Bay, FL Housing Market
$303,347
1.2% 1-yrThe average Palm Bay, FL home value is $303,347, down 1.2% over the past year, and homes go to pending in around 43 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Palm Bay Key Takeaways
Typical Home Values: $303,347
1-Year Value Change: -1.2%
(Data through September 30, 2026)
Palm Bay Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Palm Bay Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Palm Bay, FL?
The median home value in Palm Bay, FL is $303,347 as of September 2026. This represents a 0.1% increase compared to last month and a 1.2% decrease year-over-year.
How have home values changed in Palm Bay, FL?
Home values in Palm Bay, FL have increased by 0.1% month-over-month and 1.2% year-over-year.
How do home values in Palm Bay, FL compare to Brevard County, Florida, and the national average?
The median home value in Palm Bay, FL ($303,347) compares to: Brevard County ($342,346), Florida ($375,361), and the U.S. national median ($366,157).