Palm Bay Housing Information - Census

IndexPalm BayFloridaNational
Median home price$110,000$166,800$184,700
Median rent asked$949$1,032$949
Avg. people per household2.92.62.6
Owner occupied households71.2%64.8%63.6%
Renter occupied households28.8%35.2%36.4%

Palm Bay Housing Information - Zillow

IndexPalm BayFloridaNational
Zillow home value index$167,957$220,500$213,146
Year over year appreciation rate12.56%10.18%8.00%
5 year average appreciation rate15.47%10.88%6.57%
10 year average appreciation rate2.59%1.14%1.33%

Did you know?

  • The median home price in Palm Bay is 40% lower than the national average.
  • The median rent asked in Palm Bay is equal to the national average.
  • The average number of people per household in Palm Bay is 10% higher than the national average.
  • The number of owner occupied households in Palm Bay is 12% higher than the national average.
  • The number of renter occupied households in Palm Bay is 21% lower than the national average.

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Compare Palm Bay, FL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Patrick AFB, FL1,457$0100%
Micco, FL8,377$70,20062%
Melbourne, FL78,911$125,40032%
Palm Shores, FL1,242$159,30014%
June Park, FL4,209$159,60014%
Palm Bay, FL106,573$110,00040%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Everett, WA106,580$242,20031%
Highlands Ranch, CO106,596$376,000104%
Norwalk, CA106,360$350,60090%
Pearland, TX106,238$194,2005%
North Charleston, SC106,113$144,20022%
Palm Bay, FL106,573$110,00040%
Source: The Palm Bay, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.