Property prices for sale in Palm Bay (Florida)

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

$285,942.83
Average price last 6 months
$170
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Palm Bay has increased strongly during the last 6 months. In November, the average price per sq.feet was $151. In the following month the price per sq.feet increased to $166. In the following two months the price per sq.feet has barely changed, going from $158.5 to $163 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $160.75 to $188.5 during March, and April.

Average price

Based upon to the price in Palm Bay (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $258,196. In December This price remains at $264,289. In the following two months the average price has remained the same with regard to the previous two months from $261,242.5 to $268,729. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $332,510 they are 68 % more affordable than the average price for Palm Bay. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $310,020.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $173 / sq.feet, with an average $192 / sq.feet price in Palm Bay. The properties with the highest average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $189 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $332,510 it is 58 % cheaper than the average price in Palm Bay. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $218,455 it is 2 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $78 / sq.feet followed by "Condo" priced at $181 / sq.feet. "House" is the most costly type of property with a $193 / sq.feet cost followed by "Commercial" with an average price of $186 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Palm Bay
Number of properties used in region Florida
$332,510
$192
13,976
1,520,772
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
5 Bed, 3 Bath New Home Plan In Palm Bay, Fl
 20
5 Bed, 3 Bath New Home Plan In Palm Bay, Fl
$406,900
Palm Bay, Florida - For Sale - House - 1,984 sq.feet - 5 bedrooms - 3 bathrooms
Of the palm bay. Hot home: massive new home with five bedrooms!. Special offer!: new... The highly sought-after city of palm bay, this home is more than move-in ready. This one...
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 21
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$388,900
Palm Bay, Florida - For Sale - House - 1,680 sq.feet - 3 bedrooms - 2 bathrooms
Of the palm bay. Hot home: new-construction with included upgrades!. Special offer!: new... Even more desirable. Best of all, the city of palm bay offers residents a premier...
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 12
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$328,990
Palm Bay, Florida - For Sale - House - 1,936 sq.feet - 4 bedrooms - 2 bathrooms
This to-be-built home is the hartford plan by lennar, and is located in the community of the tillman lakes - heritage at tillman lakes. This single family plan...
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 40
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$471,100
Palm Bay, Florida - For Sale - House - 3,230 sq.feet - 4 bedrooms - 2 bathrooms
This to-be-built home is the columbus plan by maronda homes, and is located in the community of the courtyards at waterstone. This plan home is priced from...
Brand New Home In Palm Bay, Fl. 3 Bed, 2 Bath
 55
Brand New Home In Palm Bay, Fl. 3 Bed, 2 Bath
$279,990
Palm Bay, Florida - For Sale - House - 1,237 sq.feet - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the 1273 plan by focus homes, and is located in the community of the palm bay at 547 saragassa ave sw, palm bay, fl-32908...