Momentum Housing Data · Home Values · Brevard County
Every figure below is from recorded MLS closings in Palm Bay Colony (Palm Bay, FL) — not an algorithm’s estimate. Medians, the 15-year price history, market time, and what the record says about selling here now. Window ending 2026-07-15; refreshes as new closings record.
In the current window, sellers accepted a median 93.4% of original asking; the median sale took 38 days (window ending 2026-07-15).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $147,850 | $133 | 38 | 34 |
| 2025 | $159,000 | $148 | 32 | 34 |
| 2024 | $170,000 | $136 | 33 | 29 |
| 2023 | $175,000 | $136 | 21 | 37 |
| 2022 | $145,750 | $118 | 11 | 38 |
| 2021 | $116,000 | $95 | 45 | 33 |
| 2020 | $96,500 | $87 | 23 | 24 |
| 2019 | $89,000 | $76 | 30 | 35 |
| 2018 | $80,000 | $65 | 40 | 25 |
| 2017 | $70,150 | $59 | 45 | 22 |
| 2016 | $53,128 | $45 | 34 | 36 |
| 2015 | $47,000 | $40 | 46 | 38 |
| 2014 | $47,000 | $37 | 68 | 20 |
| 2013 | $43,500 | $36 | 72 | 23 |
| 2012 | $32,000 | $29 | 65 | 31 |
Over the recorded series, Palm Bay Colony’s median sold price moved from $32,000 (2012) to $147,850 (12 months ending 2026-07-15) — +362% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $32,000. The 2020–22 run-up did what it did everywhere — Palm Bay Colony’s median moved +64% from 2019 to 2022. Against the 2023 peak of $175,000, the current median stands at -16%. Annual sales volume here has ranged from 20 to 38 closings a year (10-yr average 31.1). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.
Momentum’s market-heat index for Palm Bay Colony reads 38/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.
The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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More Palm Bay Colony: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs
Based on information from the Space Coast MLS for the period %s through %s. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures