Property prices for sale in Palm Bay (Florida)

The prices in real estate in Palm Bay, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$195,909.83
Average price last 6 months
$166.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Palm Bay has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $317. In the following month the price per sq.feet decreased considerably to $148. The price for the following two months in (October, November) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $181.25 to $136.5 during December, and January.

Average price

Based upon to the price in Palm Bay (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $99,818. During September the price went through a considerable rise reaching $203,802. During the following two months (October, November) the average price had a considerable increase of 143 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 35 % cheaper than the average price of $145,708 in Palm Bay. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 61 % more costly than the average price of ($221 / sq.feet) in Palm Bay. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 61 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $225,416 it is 37 % cheaper than the average price in Palm Bay. "Apartment" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $145,708 it is 80 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $121 / sq.feet followed by "Commercial" priced at $201 / sq.feet. "Apartment" is the most costly type of property with a $221 / sq.feet cost followed by "Commercial" with an average price of $201 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Palm Bay
Number of properties used in region Florida
$225,416
$137
9,028
2,148,586
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Palm Bay, Fl. 4 Bed, 2 Bath
 50
Brand New Home In Palm Bay, Fl. 4 Bed, 2 Bath
$335,900
Palm Bay, Florida - For Sale - House - 4 bedrooms - 2 bathrooms
Homes, and is located in the community of the palm bay at 1162 barbados st. Se, palm bay, fl-32909. This single family inventory home is priced at $335,900 and has...
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 28
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$319,900
Palm Bay, Florida - For Sale - House - 2,339 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the villa saraceno plan by palladio homes, and is located in the community of the palm bay. This single family plan home is priced from $319,900 and has...
4 Bed, 3 Bath New Home Plan In Palm Bay, Fl
 27
4 Bed, 3 Bath New Home Plan In Palm Bay, Fl
$329,900
Palm Bay, Florida - For Sale - House - 2,642 sq.feet - 4 bedrooms - 3 bathrooms
This to-be-built home is the villa barbaro plan by palladio homes, and is located in the community of the palm bay. Hot home: hot home. This single family plan home is priced...
Brand New Home In Palm Bay, Fl. 3 Bed, 2 Bath
 26
Brand New Home In Palm Bay, Fl. 3 Bed, 2 Bath
$270,900
Palm Bay, Florida - For Sale - House - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the godi plan by palladio homes, and is located in the community of the palm bay at 1110 commerce rd se, palm bay, fl-32909...
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 34
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$262,900
Palm Bay, Florida - For Sale - House - 1,856 sq.feet - 4 bedrooms - 2 bathrooms
This to-be-built home is the villa cerato ii plan by palladio homes, and is located in the community of the palm bay. This single family plan home is priced from $262,900 and has...
Pavilions At Monterey 1 Bedroom Apartment For Rent At 1635 Monterey Drive Northeast, Palm ...
 15
Pavilions At Monterey 1 Bedroom Apartment For Rent At 1635 Monterey Drive Northeast, Palm ...
$975
Palm Bay, Florida - For Rent - Apartment - 1 bedroom - 1 bathroom
The pavilions at monterey conveniently located in quaint palm bay, florida... One bedroom palm bay, fl apartments for rent just minutes from the beach, your new home...
Madalyn Landing 1 Bedroom Apartment For Rent At 500 Malabar Rd Sw, Palm Bay, Fl 32907
 20
Madalyn Landing 1 Bedroom Apartment For Rent At 500 Malabar Rd Sw, Palm Bay, Fl 32907
$1,080
Palm Bay, Florida - For Rent - Apartment - 713 sq.feet - 1 bedroom - 1 bathroom
Pricing and availability change daily. *flexible lease terms available. *deposit terms may vary based on credit screening. Madalyn landing apartments present...
3 Bedroom Home For Rent At 950 Mina Ave Ne, Palm Bay, Fl 32907
 23
3 Bedroom Home For Rent At 950 Mina Ave Ne, Palm Bay, Fl 32907
$1,799
Palm Bay, Florida - For Rent - House - 1,773 sq.feet - 3 bedrooms - 2 bathrooms
Stunning home! This home features a light, bright, and spacious floor plan with tile and carpet flooring throughout the generous living space. The kitchen has...
4 Bedroom Home For Rent At 568 Americana Blvd Nw, Palm Bay, Fl 32907
 21
4 Bedroom Home For Rent At 568 Americana Blvd Nw, Palm Bay, Fl 32907
$1,725
Palm Bay, Florida - For Rent - House - 1,710 sq.feet - 4 bedrooms - 2 bathrooms
Be the first to live in this charming, brand new 4br/2ba home on an oversized lot located in the lovely community of palm bay! This home was built for the convenience...
3 Bedroom Home For Rent At 1786 Hydrangea Rd Nw, Palm Bay, Fl 32907
 2
3 Bedroom Home For Rent At 1786 Hydrangea Rd Nw, Palm Bay, Fl 32907
$1,399
Palm Bay, Florida - For Rent - House - 1,202 sq.feet - 3 bedrooms - 2 bathrooms
Don’t miss out on this charming home! Inside, you’ll find plenty of living space to spread out and make memories. The beautiful kitchen includes updated...