Palm Bay, FL Housing Market & City Data

Explore key insights and real experiences from people who call Palm Bay home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

115,552
Population Estimate
$152,914
Median Home Value
93.8%
Employment Rate
19.3%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$196
Median Listing Price$353,475
Median Days on Market70
Active Listings1036
New Listings242
Total Listings (Active + Pending)1432
Avg Listing Price$346,837
Avg Listing Price Change MoM-1%
Avg Listing Price Change YoY-0%

HOUSEHOLD OVERVIEW

Family Size3.48
Family Dual Income43.9
Median Household Income$51,408
Median Individual Income$24,496
Home Ownership74.5%
Home Value$152,914
Median Rent$1,059
Rent Burden31.8%
Poverty13.0%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED10.3%
  • Highschool Education35.2%
  • Some College35.2%
  • Bachelors Degree13.1%
  • Graduate Degree6.2%
  • Total College or Above19.3%
  • Stem Degree45.9%

GENDER BREAKDOWN

  • Male48.8%
  • Female51.2%

MARITAL STATUS

  • Married45.5%
  • Divorced16.2%
  • Never Married31.9%
  • Widowed6.5%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityPalm Bay
State IDFL
Population115,552

AGE BREAKDOWN

Age Group% of Population
Under 1824.8%
19–2913.0%
30–3911.6%
40–4910.5%
Age Group% of Population
50–5914.4%
60–6913.3%
70–797.5%
80+4.7%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation57.1%
Unemployment Rate6.2%
Disabled15.7%

ETHNICITY

White73.7%
Black17.7%
Asian1.6%
Native American0.7%
Pacific Islander0.0%
Other2.3%
Multiple4.1%

OTHER

Hispanic17.1%
Limited English2.9%
Health Uninsured12.1%
Veteran11.4%

Local Discussions

Community questions and conversations about living in Palm Bay, FL.

  1. Is Palm Bay, FL a good place to buy a house?

    Local perspectives on Palm Bay home prices, buyer demand, neighborhoods, and what to consider before buying a home.

    0
  2. What are the best neighborhoods in Palm Bay, FL for families?

    Local insights on Palm Bay neighborhoods, schools, parks, commute times, and other factors families may want to consider.

    0
  3. What should home buyers know about the Palm Bay, FL housing market?

    Local insights on Palm Bay home prices, housing inventory, buyer competition, and current real estate market conditions.

    0
  4. Is it better to buy or rent a home in Palm Bay, FL?

    Compare Palm Bay home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

    0
  5. What are the most affordable neighborhoods in Palm Bay, FL?

    Explore Palm Bay neighborhoods where home buyers may find more affordable housing options and better value for their budget.

    0
  6. How much income do you need to buy a house in Palm Bay, FL?

    Learn how Palm Bay home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

    0
  7. How much are property taxes on a home in Palm Bay, FL?

    Learn how Palm Bay property taxes are calculated and how they can affect the overall cost of owning a home.

    0
  8. What are the best neighborhoods in Palm Bay, FL for first-time home buyers?

    Explore Palm Bay neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

    0
  9. What is it like to live in Palm Bay, FL?

    Local perspectives on Palm Bay neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

    0
  10. What should I know before moving to Palm Bay, FL?

    What newcomers should know about Palm Bay housing costs, neighborhoods, transportation, weather, and everyday expenses.

    0

Top Real Estate Agents in Palm Bay, FL

Neighborhoods in Palm Bay, FL

Get to know neighborhoods in Palm Bay, ordered by the number of properties in the provider sample.

  • Turkey Creek

    Turkey Creek ↗

    Median asking price
    $204,900
    / sq ft
    $198
    Active listings
    2
    properties in discovery sample
    14
    D

    Nearby schools · estimated

    3/10 · 3 schools

  • Deer Run

    Deer Run ↗

    Median asking price
    —
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    1
    —

    Nearby schools · estimated

    Ratings not available

  • Vista Oaks West HOA

    Vista Oaks West ↗

    Median asking price
    —
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    1
    D

    Nearby schools · estimated

    2.3/10 · 3 schools

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.