Falls Of Palm Bay Palm Bay in Palm Bay

Falls Of Palm Bay Palm Bay
Homes for Sale in Palm Bay, FL

Community in Palm Bay · Brevard County
95 homesBuilt 2016–2018
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Photo courtesy of Compass Florida LLC · via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Falls Of Palm Bay Palm Bay Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
3.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
2 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
68%
Owner-occupied · Falls Of Palm Bay Palm Bay
65 of 95 parcels homesteaded (FL DOR 2025)
32%
Non-owner-occupied · Falls Of Palm Bay Palm Bay
incl. 6% trust or LLC-held · 4% out-of-state
95
Homes in the community
95 residential parcels (FL DOR 2025)
Track record · years of records
Est. 2016
Community established
homes built 2016-2018, median 2017 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Falls Of Palm Bay is a gated, ninety-five-home subdivision built in a tight 2016 - 2018 window, and that uniformity shows up in the footprints: the median home runs 2,396 square feet, and nearly seventy percent carry homestead exemptions. Price in this neighborhood is primarily a function of condition and finish upgrades - you're comparing identical floorplans with different counters, flooring, and landscaping - so small differences in presentation drive wide swings in value.

With two actives serving ninety-five homes, inventory sits at three months - textbook balanced. Neither urgency nor leverage favors one side. Buyers have time to compare the handful of available homes and negotiate inspections; sellers who price to condition will move, but there's no feeding frenzy pushing bids over ask. If you're buying here, budget for the median and know that what you see is what the neighborhood offers - no older bargains, no grand estate lots, just 2017-vintage single-family homes behind a gate.

Falls Of Palm Bay Palm Bay Housing Pulse · Momentum Research · as of July 15, 2026

Falls Of Palm Bay Palm Bay right now

🟡 Balanced market. 3.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Low (2 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Best for

  • Buyers who want turnkey 2016 - 2018 construction with predictable systems and no major renovation budget.
  • Households prioritizing a gated entry and managed grounds over resort pools or clubhouse programming.
  • Owners planning to homestead who value neighborhood stability and uniform product over design uniqueness.

Probably not for

  • Bargain hunters expecting discounted fixer inventory or entry-level pricing below the median.
  • Buyers seeking walkable retail, varied architecture, or custom floorplans on larger lots.
  • Investors looking for cash-flow rentals in a market with seventy-percent owner-occupancy and newer price points.

The market around Falls Of Palm Bay Palm Bay

Falls Of Palm Bay Palm Bay is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Falls Of Palm Bay Palm Bay specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Falls Of Palm Bay Palm Bay

Live MLS inventory for Falls Of Palm Bay Palm Bay. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Falls Of Palm Bay Palm Bay listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Jupiter · Elementary
  • Central · Middle
  • Heritage · High

Zoned schools reflect the assignments reported on recent Falls Of Palm Bay Palm Bay listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Falls Of Palm Bay Palm Bay address.

If we were buying in Falls Of Palm Bay Palm Bay today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Falls Of Palm Bay Palm Bay.

Best Buy
Buyers who want newer construction in a gated setting without paying for amenities they won't use.
Biggest Risk
Zero age diversity means no entry-level fixer discount - condition is the only negotiating axis.
Sweet Spot
Owner-occupants who value a stable, homesteaded community over resort features or walkable urbanism.
Avoid If
You need architectural variety, acreage, or sub-median pricing on older stock.

New construction, gated, same vintage

The entire neighborhood went up in a two-year build cycle, so you're looking at a product cohort - not a mix of decades and styles. Homes cluster tightly around the median size, and the gated entry, playground, park, and grounds maintenance are managed off-site with full-time oversight. There's no resort pool or clubhouse; amenities are straightforward and family-use oriented.

Nearly seventy percent of owners homestead here, which keeps the community stable and owner-maintained rather than investor-cycled. Brevard County's tax structure and insurance markets matter more than in subdivisions with older construction, and because everything is post-2016, you won't find pre-Hurricane Irma building codes or dated systems. Condition variability comes down to original builder options and how the first owner treated the home - landscaping maturity, interior finishes, and deferred maintenance are your price levers, not age or layout diversity.

The market is balanced: three months of supply means neither panic nor stagnation. Sellers need to price accurately and present well; buyers can be methodical without losing out to blind bids. If you want newer construction in a gated setting without custom-home price tags or resort amenities you won't use, this is the play. If you need walkability, acreage, or architectural variety, look elsewhere.

The location and the amenities are priced into every listing in Falls Of Palm Bay Palm Bay. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a same-vintage subdivision, pricing comes down to condition forensics and comp discipline - exactly where broker skill separates smooth closings from stalled deals. Momentum's team knows Brevard's gated inventory, understands how builder-grade versus owner upgrades move the needle in communities like this, and will walk you through HOA docs, insurance requirements, and whether the home you're eyeing is priced to its actual condition or to a seller's wishful comp three streets over. We don't oversell gates and playgrounds; we help you decide if this specific house, at this number, makes sense for your goals.

Falls Of Palm Bay Palm Bay in 15 seconds.

Best forBuyers who want newer construction in a gated setting without paying for amenities they won't use.
Biggest advantageTight build window means no legacy deferred maintenance and uniform post-2016 systems and codes.
Biggest riskZero age diversity means no entry-level fixer discount - condition is the only negotiating axis.
Sweet spotOwner-occupants who value a stable, homesteaded community over resort features or walkable urbanism.
Avoid ifYou need architectural variety, acreage, or sub-median pricing on older stock.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Falls Of Palm Bay Palm Bay sales matched to your home.

What is your Falls Of Palm Bay Palm Bay home worth?

Get a no-obligation home value based on real comparable sales in Falls Of Palm Bay Palm Bay, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Falls Of Palm Bay Palm Bay on the map →

Real comps, not an automated estimate.

Falls of Palm Bay Market Scorecard

Buyer-Leaning Market (limited data)

Falls of Palm Bay is currently a buyer-leaning market (limited data). About 3.0 months of supply, a median asking price of $411,250.

3.0
Months supply
$411,250
Median list
$306,000
Median sold
$167
Per sqft
n/a
Days on mkt
2/0/8
Active/Pend/Sold

Typical home value in the 32909 ZIP is $320,013, about 16.5% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Falls Of Palm Bay Palm Bay a buyer's or seller's market right now?
As of July 15, 2026, Falls Of Palm Bay Palm Bay is roughly balanced: 3.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Falls Of Palm Bay Palm Bay?
The Florida DOR 2025 assessment roll shows 95 homes in Falls Of Palm Bay Palm Bay (public records).
What share of Falls Of Palm Bay Palm Bay is owner-occupied?
68% of Falls Of Palm Bay Palm Bay parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Falls Of Palm Bay Palm Bay built?
Homes in Falls Of Palm Bay Palm Bay were built between 2016 and 2018, with a median year built of 2017 (FL DOR 2025 roll).
Who is the best real estate agent for Falls Of Palm Bay Palm Bay?
The best agent for Falls Of Palm Bay Palm Bay is one who actively works Palm Bay and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Falls Of Palm Bay Palm Bay.
How do I find a top Palm Bay real estate agent who knows Falls Of Palm Bay Palm Bay?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Falls Of Palm Bay Palm Bay and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Falls Of Palm Bay Palm Bay?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Falls Of Palm Bay Palm Bay purchase or sale - no call center and no pressure.
Buyers who want turnkey 2016 - 2018 construction with predictable systems and no major renovation budget.Excellent fit
Households prioritizing a gated entry and managed grounds over resort pools or clubhouse programming.Excellent fit
Owners planning to homestead who value neighborhood stability and uniform product over design uniqueness.Excellent fit
Bargain hunters expecting discounted fixer inventory or entry-level pricing below the median.Probably not
Buyers seeking walkable retail, varied architecture, or custom floorplans on larger lots.Probably not
Investors looking for cash-flow rentals in a market with seventy-percent owner-occupancy and newer price points.Probably not

Nearby Communities

Explore more neighborhoods near Falls Of Palm Bay Palm Bay with Momentum Realty’s local guides.

SPSloneridge Palm BayPalm Bay, FL · 0.3 miSCSanibel Cove Palm BayPalm Bay, FL · 1.3 miASAvery Springs Palm BayPalm Bay, FL · 1.3 miCKCoral Key Palm BayPalm Bay, FL · 1.5 miELEmerald Lakes Palm BayPalm Bay, FL · 1.5 miLALockmar Acres Palm BayPalm Bay, FL · 1.8 miBLBrentwood Lakes Palm BayPalm Bay, FL · 2.0 miPWParkside West Palm BayPalm Bay, FL · 2.1 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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