MONEY GLOBE XPalm Bay, FL housing market: home values, sales and rents
The typical home value in the Palm Bay, FL metro area was $342,339 in September 2026, down 0.5% over a year and up 15.7% over five years. Across the United States the typical value was $366,157 (up 1.2% over a year). Homes sold at 98.0% of their asking price, with 4.5 months of supply on the market. Typical rent was $1,887 a month. Our simple reading of these numbers: balanced market.
Updated November 04, 2026.
Reading: Balanced market
The numbers
| Measure | Latest | 1-year change | As of |
|---|---|---|---|
| Typical home value | $342,339 | -0.5% | September 2026 |
| Typical value — lower-priced third | $231,497 | -0.7% | September 2026 |
| Typical value — higher-priced third | $555,948 | +0.6% | September 2026 |
| Median sale price | $348,900 | +4.1% | August 2026 |
| Median list price | $359,900 | -4.0% | September 2026 |
| Sale price vs asking price | 98.0% | +0.6 pts | August 2026 |
| Homes sold above asking | 12% | +3.6 pts | August 2026 |
| Homes sold (month) | 912 | +1.7% | September 2026 |
| New listings (month) | 929 | -2.7% | September 2026 |
| Homes for sale | 4,095 | -14.8% | September 2026 |
| Months of supply | 4.5 months | -0.9 | September 2026 |
| Sales-to-new-listings ratio | 98% | +4.2 pts | September 2026 |
| Days to an accepted offer (median) | 38 days | -11.0 | September 2026 |
| Typical rent (all homes) | $1,887 | +1.6% | September 2026 |
| Zillow market heat index buyer's market on Zillow's scale (0–100) | 35 | +9.0 | September 2026 |
Typical home value (Zillow Home Value Index)
What the numbers say
- Zillow market heat index 35 of 100: buyer's market on Zillow's scale (0–100).
- 4.5 months of supply: normal (3 to 6).
- The typical home sells at 98.0% of its asking price.
- Homes sold equal 98% of new listings this month, close to this city's usual pace (98% on average since 2018).
- Typical home value down 0.5% over a year.
Source: Zillow Research (zillow.com/research/data).
Metro-area statistics from Zillow Research. The sales-to-new-listings ratio and months of supply are calculated by Money Globe X from Zillow's counts of homes sold, new listings and homes for sale.
Statistics for information and education only — not real estate, financial or investment advice. Figures are monthly or yearly averages for a whole metro area; a single home or neighbourhood can differ a lot.
Nearby: other places in FL
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Updated November 04, 2026. Sources: Zillow Research. Educational information only - not financial advice.