Palm Bay · Brevard County, Florida
Palm Bay housing report
The numbers that matter if you're buying or selling a home in Palm Bay, in plain words.
$283,200typical home value
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Palm Bay has more residents than any other city in Brevard County.
Typical home value$283,20017% below BrevardHalf of owner-lived homes are worth more, half less.
Typical rent$1,601/mo3% above BrevardRent plus utilities, for homes that are rented.
Lived in by owners80%3 pts above BrevardThe rest are rented.
Typical year built19935 yrs newerAbout 33 years old.
Owners with a mortgage pay$1,549/mo14% below BrevardMortgage, taxes, insurance, HOA and utilities.
People who live here130,132Census estimate.
What stands out in Palm Bay
- The typical home here is valued at about $283,200, which is 17% lower than Brevard County as a whole ($339,600).
- The typical home here was built around 1993, about 33 years ago. Ask about the roof's age early, because Florida insurers look at it closely.
- 80% of homes are lived in by their owners, close to the county's 77%.
- Owners with a mortgage pay about $1,549 a month in housing costs, about the same as typical rent ($1,601).
Palm Bay next to its neighbors
Palm Bay is valued lower than all three of its closest neighbors, so your money may go further here.