Palm Bay Real Estate
The median home value in Palm Bay, FL is $332,500. This is higher than the county median home value of $202,800. The national median home value is $219,700. The average price of homes sold in Palm Bay, FL is $332,500. Approximately 61.89% of Palm Bay homes are owned, compared to 25.49% rented, while 12.62% are vacant. Palm Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palm Bay real estate agent to arrange a tour today!
Palm Bay, Florida has a population of 107,802. Palm Bay is more family-centric than the surrounding county with 26.55% of the households containing married families with children. The county average for households married with children is 23.28%.
The median household income in Palm Bay, Florida is $45,811. The median household income for the surrounding county is $51,536 compared to the national median of $57,652. The median age of people living in Palm Bay is 40.4 years.
Palm Bay Weather
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 49.2 degrees. The average rainfall is approximately 53.2 inches per year, with 0 inches of snow per year.