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Palm Bay, FL real estate

Compare top Palm Bay real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for May 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 May 2026. *

Inventory in Palm Bay has tightened, with 1,104 homes for sale after a 7.38% monthly drop and a 22.58% decline from last year. New listings are also down 21.41% year over year, landing at 323 in March 2026. Even with fewer options, buyers are still active, with 359 homes going under contract, though pending sales are down 15.93% compared to a year ago.

Home values are adjusting in response to this cooler contract flow. The typical home value in Palm Bay is about $318,500, down 2.0% from last year and 0.47% from the prior month, while Brevard County as a whole sits higher at $350,000. List prices are edging up slightly, with the median list price at $345,990 and up 0.32% month over month, suggesting sellers are still testing the upper end of pricing even as values soften.

Time on market shows a mixed picture, with homes taking a median of 89 days to sell, which is 11.0% faster than last month but still 15.58% slower than a year ago. About 31.16% of listings have price drops, only 13.40% of homes sell above list, and the average sale-to-list ratio is 97.56%, reflecting some negotiation room for buyers in this seller’s market, which has 3.6 months of supply and a market gauge of 31. With projected inventory dipping to 1,060 homes and small shifts expected in values and list prices next month, both buyers and sellers in Palm Bay can benefit from Agent Pronto’s help connecting them with a skilled local agent.

Palm Bay, FL real estate
31
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.

* Data provided by Redfin, a national real estate brokerage.

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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“Stacey is a wonderful agent. She was extremely helpful in finding me my first home. Able to answer any question I had during the entire process. Very easy to work with and help new narrow down what I was looking for. Couldn't recommend her enough.”

Kendall · Spokane, WA

Photo of Stacey  Gimlin
eXp realty
“Abbey was an absolute joy to work with. She was accessible and always in communication with us. She was extremely knowledgeable and we cannot imagine having gone through this process without Abbey. She is not only a wonderful real estate agent but a wonderful person. We highly recommend Abbey, you won't be disappointed!”

Alicia Joel · Boynton Beach, FL

Photo of Abbey Adair
Century 21 Realty Professionals
“I can’t imagine there’s a better agent on Earth than Barrett. We first met him while casually exploring a move from San Diego to Florida, just walked in the office he works at—no pre-approval, probably not looking like serious buyers. Still, he treated us like top-priority clients from day one and always took us at our word. For 2 years, before we were even approved, Barrett stayed committed and worked hard for us the entire time. Within 2 weeks of approval, we bought a home that lined up with the intentions we had been projecting all along—proving we were serious all along. His only “weakness” is that his patience and work ethic are so strong they could be taken advantage of. No doubt in my mind: Barrett is the best. He deserves a medal.”

JP · Rockledge, FL

Photo of Barrett Hester
Century 21 Ocean
“What can I say about Cassandra, she was totally amazing during the entire home buying process. As first time home buyers, we were scared of the process and did not know what to expect but Cassandra made everything clear and easy to understand. She guided us expertly through some difficult situations and even fought for us and our interests. If I could give her ten stars or more I totally would. She is a total boss in real estate and I can't think of anyone better to help families find their forever home!”

Omar Velazquez · Saint Cloud, FL

Photo of Cassandra Kelly
Century 21 Wolfs Crossing Realty
“Working with Diane was truly one of the best decisions I made during my home buying journey. From the moment we met at one of her open houses, she went above and beyond. She actually spent the rest of her day helping me look at homes and getting a real understanding of what I was looking for. That level of dedication meant so much to me. Diane is incredibly knowledgeable and asked all the right questions to make sure she could find the perfect home for me, not just any house. She was patient, committed, and worked so hard throughout the entire process to make everything smooth and stress-free. I’m so grateful I happened to walk into her open house that day. If you’re looking for a realtor who truly cares, works tirelessly for her clients, and wants you to have the best home-buying experience possible, I would absolutely recommend Diane.”

Stacy Wells · Cocoa, FL

Photo of Diane Teran
Lpt Realty
“Once I submitted my request I received multiple agent recommendations. I contacted Maria and she took care of everything. Between her contact and listing, we were consumer by offers. Within 7 days, we had an offer that was above our expectation. Maria was on top of everything, clear and prompt communication on every opportunity / every offer! It was great working as a team with Maria thru the process!”

Kurtis M. · Rockledge, FL

Photo of Maria Kaps
RE/MAX Remax Aerospace
“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.”

Matt · Tampa, FL

Photo of Cory McMillan
Exp Realty
“Thank you for selling my house! It was a pleasure having you as my realtor!”

Teresa · Deltona, FL

Photo of C21 Alton Clark
CENTURY 21 Alton Clark
“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!”

Hannah Lefebre · Palm Bay, FL

Photo of Silvers Sell Florida
Denovo Realty
“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.”

Terrie J B. · Cocoa Beach, FL

Photo of Brad Kuhns
RE/MAX Elite
“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.”

Laura · Lake Worth, FL

Photo of The Jacques Team
Keller Williams KW Reserve Palm Beach
“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.”

Christopher · Jupiter, FL

Photo of The Greenberg Group
Coastal Real Estate Professionals LLC
“Our experience was top notch. We were connected with the best agent for our needs. Gus is superb.”

Jody W. · Melbourne, FL

Photo of Gus Marin
Coldwell Banker Residential Real Estate
“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.”

Susan A. · Haines City, FL

Photo of Christine Smith
eXp Realty
“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.”

Dot F. · Okeechobee, FL

Photo of Paul Hutton
Watson Realty Corp
“Linda was wonderful to work with. She really worked hard to push this sale, and everything progressed smoothly. I'd recommend her to anyone.”

Rose R. · Melbourne, FL

Photo of Linda Landman
LPT, Inc
“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.”

Kathleen and Joe · Wheaton, IL

Photo of Larry Lazar
Charles Rutenberg Realty Charles Rutenberg
“She did a great job, made selling very smooth.”

Chris Bouchard · FL

Photo of The Grimes Group
Keller Williams Advantage III Realty
“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.”

Michael Hathway · Lawrenceville, GA

Frequently Asked Questions

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.