Momentum Housing Data · Palm Bay
“Best” depends on what you’re optimizing for — so instead of one opinion, here are four rankings of Palm Bay’s neighborhoods, each computed from recorded MLS data with its criterion printed on top. 14 Palm Bay communities cleared the data bar (at least 8 recorded closings); every row links the community’s full data guide.
Criterion: recorded closings, trailing 12 months — where homes actually change hands
| # | Neighborhood | Median sold | Closings (12 mo) | Metric |
|---|---|---|---|---|
| 1 | Port Malabar · values | $315,000 | 1,841 | 1,841 closings |
| 2 | Port Malabar | $315,990 | 1,725 | 1,725 closings |
| 3 | Port Malabar Country Club · values | $275,000 | 84 | 84 closings |
| 4 | Palm Bay Colony · values | $147,850 | 34 | 34 closings |
| 5 | Gardens At Waterstone · values | $350,000 | 24 | 24 closings |
| 6 | Port Malabar Holiday Park · values | $84,950 | 20 | 20 closings |
| 7 | Sandy Pines Preserve · values | $287,000 | 20 | 20 closings |
| 8 | Preserves At Stonebriar · values | $323,000 | 13 | 13 closings |
| 9 | Woodside At Port Malabar Condo · values | $119,000 | 12 | 12 closings |
| 10 | Courtyards At Sandy Pines Preserve · values | $276,995 | 10 | 10 closings |
| 11 | Waterstone · values | $315,000 | 10 | 10 closings |
| 12 | Waterstone Plat 1 Pud · values | $315,000 | 10 | 10 closings |
| 13 | Palm Bay Estates Mobile Home Park Co/Op Of Tropic · values | $69,500 | 9 | 9 closings |
| 14 | Bridgewater At Bayside Lakes · values | $337,500 | 8 | 8 closings |
Criterion: median sold-price change vs. prior year (recorded closings only)
| # | Neighborhood | Median sold | Closings (12 mo) | Metric |
|---|---|---|---|---|
| 1 | Waterstone · values | $315,000 | 10 | +5.3% |
| 2 | Waterstone Plat 1 Pud · values | $315,000 | 10 | +5.3% |
| 3 | Port Malabar Country Club · values | $275,000 | 84 | -1.8% |
| 4 | Port Malabar | $315,990 | 1,725 | -2.8% |
| 5 | Port Malabar · values | $315,000 | 1,841 | -3.1% |
| 6 | Gardens At Waterstone · values | $350,000 | 24 | -6.5% |
| 7 | Palm Bay Colony · values | $147,850 | 34 | -7.0% |
| 8 | Preserves At Stonebriar · values | $323,000 | 13 | -7.4% |
| 9 | Sandy Pines Preserve · values | $287,000 | 20 | -9.6% |
| 10 | Bridgewater At Bayside Lakes · values | $337,500 | 8 | -10.0% |
| 11 | Woodside At Port Malabar Condo · values | $119,000 | 12 | -21.2% |
| 12 | Port Malabar Holiday Park · values | $84,950 | 20 | -24.2% |
| 13 | Palm Bay Estates Mobile Home Park Co/Op Of Tropic · values | $69,500 | 9 | -46.1% |
Criterion: average days on market, trailing window — demand in its purest form
| # | Neighborhood | Median sold | Closings (12 mo) | Metric |
|---|---|---|---|---|
| 1 | Palm Bay Colony · values | $147,850 | 34 | 38 days avg |
| 2 | Woodside At Port Malabar Condo · values | $119,000 | 12 | 40 days avg |
| 3 | Preserves At Stonebriar · values | $323,000 | 13 | 41 days avg |
| 4 | Port Malabar Country Club · values | $275,000 | 84 | 44 days avg |
| 5 | Courtyards At Sandy Pines Preserve · values | $276,995 | 10 | 48 days avg |
| 6 | Sandy Pines Preserve · values | $287,000 | 20 | 52 days avg |
| 7 | Port Malabar · values | $315,000 | 1,841 | 54 days avg |
| 8 | Port Malabar | $315,990 | 1,725 | 55 days avg |
| 9 | Waterstone · values | $315,000 | 10 | 55 days avg |
| 10 | Waterstone Plat 1 Pud · values | $315,000 | 10 | 55 days avg |
| 11 | Bridgewater At Bayside Lakes · values | $337,500 | 8 | 70 days avg |
| 12 | Gardens At Waterstone · values | $350,000 | 24 | 74 days avg |
| 13 | Port Malabar Holiday Park · values | $84,950 | 20 | 79 days avg |
| 14 | Palm Bay Estates Mobile Home Park Co/Op Of Tropic · values | $69,500 | 9 | 135 days avg |
Criterion: median sold price at or below the citywide community median, ranked by sales activity
| # | Neighborhood | Median sold | Closings (12 mo) | Metric |
|---|---|---|---|---|
| 1 | Port Malabar · values | $315,000 | 1,841 | $315,000 |
| 2 | Port Malabar Country Club · values | $275,000 | 84 | $275,000 |
| 3 | Palm Bay Colony · values | $147,850 | 34 | $147,850 |
| 4 | Port Malabar Holiday Park · values | $84,950 | 20 | $84,950 |
| 5 | Sandy Pines Preserve · values | $287,000 | 20 | $287,000 |
| 6 | Woodside At Port Malabar Condo · values | $119,000 | 12 | $119,000 |
| 7 | Courtyards At Sandy Pines Preserve · values | $276,995 | 10 | $276,995 |
| 8 | Waterstone · values | $315,000 | 10 | $315,000 |
| 9 | Waterstone Plat 1 Pud · values | $315,000 | 10 | $315,000 |
| 10 | Palm Bay Estates Mobile Home Park Co/Op Of Tropic · values | $69,500 | 9 | $69,500 |
How to read these: a neighborhood on multiple lists is liquid, appreciating, and moving fast — that combination is what most buyers mean by “best.” One caution the data forces: last year’s hottest appreciation list is often next year’s cooled market, so treat the price-performance table as history, not prophecy. Costs differ too — many newer communities carry CDD assessments older ones don’t.
Tell us your budget and must-haves and a Momentum agent will run the same data these rankings use — against every Palm Bay community, not just the top 15.
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Rankings computed from recorded MLS data (medians and counts for the stated windows) via the criteria printed above each table — no editorial scoring, no demographic factors. Compiled from MLS records; deemed reliable but not guaranteed; figures change as new sales record. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures