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Foreclosure Homes in Palm Bay, FL

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Palm Bay, FL Foreclosures

Current Market Conditions in in Palm Bay, FL As of June 2026?
Home values: +0.58% MoM; rent: +0.00% MoM.
How much do homes sell for in Palm Bay, FL?
The average home price is currently $301,944.
In Palm Bay, FL, how many homes are available?
There are currently 3 active home listings available in Palm Bay.
What’s the average rental cost in Palm Bay, FL?
The average rental price in Palm Bay is $1,319.
What is the most expensive home in Palm Bay?
The most expensive home sold in Palm Bay had a price of $73,154,576.
What is currently the cheapest priced home in Palm Bay, FL?
The cheapest home for sale in Palm Bay is priced at $10,147.

Living in Palm Bay, FL

Palm Bay is a large Space Coast city with suburban housing, access to Melbourne-area jobs, outdoor recreation, and Atlantic beaches, making it a practical market for investors seeking a mix of affordability, rental demand, and long-term regional growth.

Buyer vs Seller Market in Palm Bay, FL

Median home value: $281,395 as of 2026-05-14.

Median rent: $1,330 as of 2026-05-14.

Home values: +0.58% MoM, -1.20% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Palm Bay, FL

There are currently 45,216 real estate properties in Palm Bay, FL, with a median automated valuation model (AVM) price of $281,395.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palm Bay, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palm Bay, FL, is $301,944.00, with the most expensive house in Palm Bay, FL, topping out at $73,154,576.00 and the cheapest home in Palm Bay, FL, clocking in at $10,147.00. In other words, there’s something for every potential homebuyer or savvy investor in Palm Bay, FL!

Rent Prices In Palm Bay, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palm Bay, FL, is on a rollercoaster ride. The average rent price in Palm Bay, FL, is $1,319.00. Indeed, when looking to rent in Palm Bay, FL, you can expect to pay as little as $570.00 or as much as $4,200.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Palm Bay, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Palm Bay, FL Foreclosures

Market Trend for Palm Bay, FL

Total Listings Available: 3

Market Values:

Home Prices from $10,147 to $73,154,576

Average Sales Price: $301,944

Rental Values:

Rental from $570 to $4,200

Average Rent Value: $1,319 / month

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