Market Report

Market Report

Palm Bay, FL

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% of Asking Price
All Property Types
95%
May 2026
3%
since
What kind of market is it?
Buyer's Market
Seller Market
12.0 Months of Supply
What's this mean?

Buyer's Market: More than 6 months of inventory based on closed sales

Seller's Market: Less than 3 months of inventory based on closed sales

Neutral's Market: 3-6 months of inventory based on closed sales

Buyer Market
May 2026
109.4%
since
Avg. Days on Market
All Property Types
90 Days
May 2026
1.6%
since
Monthly Inventory
Number of listings on the market at
any point during May of 2026
202 Properties
97 Single Family
0 Land/Farm
3 Condo
May 2026
220.6%
since
Palm Bay / May 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
19 Homes
May 2026
35.7%
since
Palm Bay / May 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
37 Homes
May 2026
117.6%
since
Palm Bay / May 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
81 Homes
Jan 2026 - May 2026
47.3%
since
Average Sales Price
All Property Types
$185K Median Price - $240K
May 2026
14.4%
since
Average Price / SqFt
All Property Types
$184 / SqFt
May 2026
5.1%
since

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