Foreclosure Homes in Palm Bay, FL

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15 Nolan-st-ne-Palm-bay-FL-32907
$169,900 List Price

Nolan St Ne
Palm Bay, FL 32907

3 Bed | 2 Bath | 1,591 Sq. Ft.

18 Toni-st-sw-Palm-bay-FL-32908
$40,900 List Price

Toni St Sw
Palm Bay, FL 32908

5 Bed | 4 Bath | 2,424 Sq. Ft.

23 Consolata-ave-nw-Palm-bay-FL-32907
$168,000 List Price

Consolata Ave Nw
Palm Bay, FL 32907

3 Bed | 3 Bath | 1,607 Sq. Ft.

$120,814 EMV

San Servando Ave Sw
Palm Bay, FL 32908

2 Bed | 2 Bath | 960 Sq. Ft.

5 Big-cypress-st-ne-Palm-bay-FL-32905
$107,780 EMV

Big Cypress St Ne
Palm Bay, FL 32905

3 Bed | 2 Bath | 1,187 Sq. Ft.

$157,915 EMV

Erin Ct Ne
Palm Bay, FL 32905

3 Bed | 2 Bath | 1,278 Sq. Ft.

$222,750 EMV

Emerson Dr Se
Palm Bay, FL 32909

3 Bed | 2 Bath | 1,096 Sq. Ft.

$188,792 EMV

Manor Dr Ne
Palm Bay, FL 32905

3 Bed | 2 Bath | 1,496 Sq. Ft.

$65,450 EMV

Pinewood Dr Ne # 5
Palm Bay, FL 32905

| 1,036 Sq. Ft.

$239,021 EMV

Tishman Rd Se
Palm Bay, FL 32909

3 Bed | 2 Bath | 1,368 Sq. Ft.

Displaying 1 - 10 of 203

Home Value Estimator For Palm Bay, FL

There are currently 43,332 real estate properties in Palm Bay, FL, with a median automated valuation model (AVM) price of $236,900.00. 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 $242,335.00, with the most expensive house in Palm Bay, FL, topping out at $7,206,000.00 and the cheapest home in Palm Bay, FL, clocking in at $18,700.00. 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 $1,318.00. Indeed, when looking to rent in Palm Bay, FL, you can expect to pay as little as $570.00 or as much as $3,880.00, 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.

Foreclosure Homes in Palm Bay, FL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Palm Bay, FL area at Get information on foreclosure homes for rent, how to buy foreclosures in Palm Bay, FL and much more. Save thousands at closing with home foreclosure listings in Palm Bay, FL — up to 75% off market value!

Top Reasons To Live In Palm Bay, FL In 2021

Palm Bay is located in Brevard, Florida, with an estimated municipal population of 115,552 residents. All of the best foreclosed homes for sale in Palm Bay are located in the following zip code areas on 32909 32905 32907 32976 32948 32908 32902 32906 32910 32911. The estimated population per square kilometer (.62 miles) in Palm Bay is 456.

Cost Of Living In Palm Bay, FL

So, about how much do homes cost in Palm Bay? The most recent median value of resident-owned homes in Palm Bay is 152,914. An estimated 74.5 percent of households in Palm Bay own their homes, with an average family size of 3.48. The median household income in Palm Bay is 51,408, with15.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Palm Bay, the median commute time of resident workers (in minutes) is 26.6. And last, but certainly not least, are you looking for homes to rent in Palm Bay? If so, the average rent price paid by renters in Palm Bay is 1,059, according to recent statistics.

Diversity And Demographics In Palm Bay, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Palm Bay, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Palm Bay is 40.3, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Palm Bay is 45.5, with an average family size of 3.48.

The percentage of residents who report their race in Palm Bay is as follows:

White 73.7%
Black / African American 17.7%
Asian 1.6%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.1%
Other 2.3%

Looking for family-friendly neighborhoods in and/or near Palm Bay? Or maybe you are searching for 55+ active adult communities in and/or near Palm Bay?

The percentage of residents who report their age in Palm Bay is as follows:

Under 10 11.8%
Aged 10-19 13%
20s 13%
30s 11.6%
40s 10.5%
50s 14.4%
60s 13.3%
70s 7.5%
80+ 4.7%

Best Schools In Palm Bay, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Palm Bay with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Palm Bay.

Pros And Cons Of Living In Palm Bay, Florida

How do you know that living in -- or moving to -- Palm Bay is right where you need to be? Perhaps you grew up in Palm Bay or already live nearby; therefore, the decision to buy a home in Palm Bay is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Palm Bay for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Palm Bay:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Palm Bay.

Reasons To Move To Palm Bay, Florida, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Palm Bay can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Palm Bay, meanwhile, can field multiple offers from more qualified buyers.


Listing types in Palm Bay, FL

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