Momentum Housing Data · Home Values · Brevard County
Palm Bay Colony (Palm Bay, FL): 34 recorded closings in the 12 months ending 2026-07-15, a 15-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
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 | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $147,850 | $133 | 38 | 93.4% | 34 |
| 2025 | $159,000 | $148 | 32 | 91.7% | 34 |
| 2024 | $170,000 | $136 | 33 | 95.8% | 29 |
| 2023 | $175,000 | $136 | 21 | 97.1% | 37 |
| 2022 | $145,750 | $118 | 11 | 100.0% | 38 |
| 2021 | $116,000 | $95 | 45 | 90.1% | 33 |
| 2020 | $96,500 | $87 | 23 | 93.9% | 24 |
| 2019 | $89,000 | $76 | 30 | 93.6% | 35 |
| 2018 | $80,000 | $65 | 40 | 92.9% | 25 |
| 2017 | $70,150 | $59 | 45 | 90.9% | 22 |
| 2016 | $53,128 | $45 | 34 | 92.4% | 36 |
| 2015 | $47,000 | $40 | 46 | 85.7% | 38 |
| 2014 | $47,000 | $37 | 68 | 86.8% | 20 |
| 2013 | $43,500 | $36 | 72 | 86.0% | 23 |
| 2012 | $32,000 | $29 | 65 | 78.2% | 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).
Of the 84 recorded Palm Bay Colony closings since 2024, half landed between $128,250 and $175,000 (the middle two quartiles); the lowest recorded sale was $52,000 and the highest $227,500. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $75,000 | 7 (8%) | |
| $75,000 – $116,667 | 9 (11%) | |
| $116,667 – $158,333 | 26 (31%) | |
| $158,333 – $200,000 | 36 (43%) | |
| None and up | 6 (7%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($160 vs $131) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 780–1,012 sq ft | $160 | $145,000 | $52,000 – $194,500 | 28 |
| Mid-size homes 1,026–1,301 sq ft | $134 | $158,950 | $70,000 – $185,000 | 28 |
| Larger homes 1,302–1,498 sq ft | $131 | $177,500 | $85,000 – $227,500 | 28 |
From the live MLS feed as of 2026-09-03: 15 active listings (plus 4 pending) asking from $89,900 to $224,900, median $144,900; the homes listed or recently sold were built between 1975 and 2005 (median 1981); 8 of 31 listed or recently sold homes report an HOA, median $45/mo; 2 state no HOA; none of the 26 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 23 ft); the features listings here most often name are Tennis Court(s), Clubhouse, Shuffleboard Court, Pickleball, Fitness Center and Maintenance Grounds. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Palm Bay Colony listings →
At Palm Bay Colony’s $147,850 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $2,310 a year in property tax before exemptions, or about $1,680 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Brevard County tax page.
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).
The table above is the closed-sale record to price a Palm Bay Colony home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local 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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Communities buyers shopping Palm Bay Colony are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Vista Oaks West Palm Bay | $160,270 | $130 | 61 | 11 |
| Windsor Park Townhomes Palm Bay | $188,500 | $126 | 122 | 6 |
| South Lakes Phase I Melbourne | $319,500 | $189 | 31 | 4 |
| The Gables At Lake In The Woods Ph Ii Melbourne | $166,000 | $144 | 92 | 7 |
More Palm Bay Colony: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
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
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.