The median sale price of a home in Palm Bay was $550K last month, up 10.0% since last year. The median sale price per square foot in Palm Bay is $240, down 6.3% since last year.
What is the housing market like in Palm Bay today?
In October 2024, Palm Bay home prices were up 10.0% compared to last year, selling for a median price of $550K. On average, homes in Palm Bay sell after 74 days on the market compared to 64 days last year. There were 5 homes sold in October this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$550,000
+10.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palm Bay housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palm Bay.
Flood Factor - Minor
52% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Bay has a minor risk of flooding. 36 properties in Palm Bay are likely to be
severely affected
by flooding over the next 30 years. This represents 52% of all properties in Palm Bay. Flood risk is increasing faster than the national average.
50% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm Bay has a minor risk of wildfire. There are 113 properties in Palm Bay that have some risk of being affected by wildfire over the next 30 years. This represents 50% of all properties in Palm Bay.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palm Bay has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palm Bay is most at risk from hurricanes. 223 properties in Palm Bay have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 164 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 172 mph.