“Abbey was absolutely phenomenal to work with as our realtor. My husband and I were very nervous about the home-buying process as first-time buyers, but she made everything feel seamless and stress-free. Amazingly, she found us our dream home within just ONE week of working with her! Abbey truly listened to what we were looking for and found us the perfect home at an unbeatable price in the exact location we wanted, including the school district we hoped to be in. She guided us through every step of the home-buying process—from paperwork to the inspection—so we could close without any headaches. If you’re looking for a knowledgeable, responsive, and personable real estate agent, Abbey is the one to work with. She goes above and beyond for her clients, and we couldn’t recommend her more highly.”
- Agent Pronto
- Florida
- Palm Bay
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for March 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Palm Bay real estate Market Report.
Information and statistics on the latest trends in the Palm Bay real estate market, updated for March 2026. *
Palm Bay buyers are seeing fewer options than last year, with about 1,139 homes on the market and inventory down 19.33 percent year over year. New listings have dropped 24.57 percent, while around 336 homes went under contract compared with a year-ago decline in pending sales of 18.25 percent. With roughly 5 months of supply, conditions tilt toward a seller’s market, reflected in a market gauge reading of 34.
Prices are adjusting but holding fairly steady despite the slower flow of new listings and contracts. The typical home value is about $318,325, down 3.54 percent from last year, though it inched up 1.54 percent over the past month, and the median list price is roughly $348,726 after a 2.57 percent monthly rise.
Homes are taking longer to sell, sitting a median of 100 days on the market, which is nearly 10 percent longer than last month and 11.11 percent higher than a year ago. Roughly 25 percent of sellers have dropped their asking price, and only about 13 percent of homes are closing above list, with an average sale-to-list ratio just under 98.1 percent. Compared with Brevard County overall, Palm Bay’s typical values are lower than the county’s $354,000 level, giving buyers relatively more value while still favoring sellers, and Agent Pronto can connect both buyers and sellers with an agent who understands these dynamics.
Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Learn more about what Palm Bay has to offer.
Palm Bay offers residents a balanced mix of affordable housing, outdoor recreation, growing local businesses, and community-focused amenities that support a comfortable, active lifestyle.
Palm Bay stands out from nearby beach towns like Melbourne and Cocoa with its quieter, residential feel and miles of natural preserves along the Indian River Lagoon. Here you get easy access to the coast and major employers in the Space Coast region, while daily life still feels neighborly and unhurried.
Outdoor lovers are drawn to spots like Turkey Creek Sanctuary, where shaded boardwalks and paddling routes showcase native wildlife. Families spend weekends at Goode Park on the water, or at community hubs like Fred Poppe Regional Park with its sports fields and events. The city invests in amenities such as the Palm Bay Aquatic Center and an active public library system, which help anchor a strong sense of community.
Neighborhoods range from established riverfront enclaves to newer developments near West Melbourne. Housing often offers more space and value than coastal zip codes, yet you are still close to major roadways and regional shopping and dining.
With the local market influenced by aerospace growth and seasonal demand, timing a move in Palm Bay matters. A knowledgeable agent who understands specific neighborhoods, school zones, and price trends can help buyers prepare strong offers and guide sellers on pricing and presentation. Agent Pronto can connect both buyers and sellers with the right Palm Bay real estate professional at the right moment.
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“Cory did an excellent job from start to finish. He was professional, responsive, and made the entire process smooth and stress-free. I really appreciated his attention to detail and clear communication. Highly recommend working with him.”
“My name is Kenneth Martin my family and I had a really bad experience with a different real estate agent while trying to find a house and we stumbled upon Cassandra through days of research and reading every review on every realtor on the Internet and it was a blessing we closed on a house in two weeks and Cassandra was one of the best thing that happened to my family.”
“Thank you for selling my house! It was a pleasure having you as my realtor!”
“Kristin is absolutely a gem. We put our home on the market during a rough period. Not only was it hurricane season, but also election time and the new school year starting back up were huge factors we had to work with. Needless to say it didn't sell right away but Kristin never slowed down. She marketed our home non stop and was available to help us anytime we had any questions. We reposted our home after a short break from the holidays and within no time she had a buyer. I could really go on and on about Kritin Silvers professionalism. I have and will continue to recommened her to friends family and anyone else looking for a realtor who Truly listens to the needs of their clients. When you pick to work with Kristin you can know that she is listening to you, she wont convince you to do things her way for a quick sale and to me that is Very Important!”
“Brad went above what was expected. His professionalism and commitment to getting the job done was exceptional. I would use him for your real estate needs without delay or concern that you are getting the best in Brevard County.”
“I was blown away by how quickly everything happened. Loodmy listed my home, and within just a few days, we had multiple offers. He’s professional, easy to talk to, and knows how to market a property the right way. I felt confident from start to finish.”
“I would recommend Barrett because he is trustworthy , professional and patient. We were very comfortable working with him. He exhibited a genuine concern for our needs and was very responsive to our concerns and questions.”
“Zach has been nothing but 100% professional. He answers all correspondence quickly and effectively. I must also say that his ability to get a deal finished is unparalleled. He truly has a gift with working in real estate.”
“Excellent experience”
“Our experience was top notch. We were connected with the best agent for our needs. Gus is superb.”
“Christine was awesome to work with. She kept me totally up to date with the process. She was kind and pleasant adding a personal touch. I would totally recommend Christine to any one buying a home.”
“Paul Hutton is a dream come true. He went through everything thoroughly. Paul has the patience of Job. So kind, considerate, respectful. He goes above and beyond to find the property that is just right for his client. I can't praise him enough. I was very fortunate to get him as my agent.”
“Maria was always available to us for help with some of the legal questions and other things. She made us feel comfortable with contacting her. She always responded quickly. She notified us when there were showing for the house which was great as we live in another state. She let us know about all offers. Everything went well and we are very happy with the outcome.”
“Linda was wonderful to work with. She really worked hard to push this sale, and everything progressed smoothly. I'd recommend her to anyone.”
“Larry is by far the most AMAZING Realtor. He was always very responsive to my calls, texts, request, etc. We built up such a great relationship through this crazy process, that even after we closed on our new home, he reached out to check on us. He is always looking to get the best deal for his clients. He is like family now to us and will always have his own seat next to the firepit in our backyard. I would DEFINETLY recommend Larry to anyone and everyone looking to buy or sell. AMAZING.. Can't say enough Great things about Larry.”
“She did a great job, made selling very smooth.”
“Please see the previous comments. Tiffany is the best and truly world class! Tiffany was so wonderful to work with. She knew everything we needed and led us through a very unusual market with results beyond our expectations! We would not have trusted anyone else and she was gracious and kind even when we may not have been. We have referred our friends to work with her, she is the best. Grateful to her and the team.”
“Sh was always available and did a fantastic job with a complicated situation”
“Bruno was very professional and diligent during the whole process. I highly recommend his services. Thank you Bruno!”
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Palm Bay. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Palm Bay Realtor® or real estate agent today.
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