Oakwood Village Palm Bay in Palm Bay

Oakwood Village Palm Bay
Homes for Sale in Palm Bay, FL

Community in Palm Bay · Brevard County
23 homesBuilt 1969–2024
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Oakwood Village 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
12.0mo
Supply
3 to 6 months is the balanced band
33%
Under contract
Brevard: 28% (1,397 of 4,982)
2 · 1
For sale · pending
live counts, refreshed twice daily
Ownership and context
39%
Owner-occupied · Oakwood Village Palm Bay
9 of 23 parcels homesteaded (FL DOR 2025)
61%
Non-owner-occupied · Oakwood Village Palm Bay
incl. 9% trust or LLC-held · 13% out-of-state
23
Homes in the community
23 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1969
Community established
homes built 1969-2024, median 1985 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Oakwood Village Palm Bay sits in a buyer-leaning market with twelve months of supply and two active listings against a base of twenty-three homes. That's a thin absolute inventory, but the months-supply figure tells you sellers face real negotiating pressure. Homes here span from 1969 to 2024, with a median build year of 1985 and median living area of 1,146 square feet - expect a mix of original condition and updated units, and price will turn heavily on which you're looking at.

Just under forty percent of owners homestead here, so you're buying into a blend of full-time residents and investors or seasonal holders. The amenity set - clubhouse, pool, tennis, pickleball, shuffleboard, playground, car wash, on-site management - reads like a classic Florida community package, but verify what's actually operational and what fees cover before you make an offer. In this supply environment, inspection contingencies and repair negotiations carry real weight.

Oakwood Village Palm Bay Housing Pulse · Momentum Research · as of July 15, 2026

Oakwood Village Palm Bay right now

🟢 Buyer-leaning market. 12.0 months of supply and 33% of the inventory already under contract give buyers above-average negotiating leverage.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 (3 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 a sub-1,200-square-foot footprint with pool and pickleball access and are comfortable evaluating renovations and system age home by home.
  • Investors or second-home buyers comfortable with a thirty-nine percent homestead share and willing to underwrite each unit as a distinct asset.
  • Cost-conscious primary-residence buyers who value Palm Bay proximity and shared amenities more than new construction uniformity.

Probably not for

  • Buyers who want a large, recently built community where every home meets a consistent age and finish standard.
  • Anyone unwilling to perform deep due diligence on HOA reserves, deferred capex, and individual-unit condition before closing.
  • Households seeking a seller's market with fast appreciation; twelve months of supply means price growth will be muted until inventory tightens.

The market around Oakwood Village Palm Bay

Oakwood Village 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 Oakwood Village Palm Bay specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Oakwood Village Palm Bay

Live MLS inventory for Oakwood Village 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 Oakwood Village 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
  • Riviera · Elementary
  • Stone · Middle
  • Palm Bay · High

Zoned schools reflect the assignments reported on recent Oakwood Village 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 Oakwood Village Palm Bay address.

If we were buying in Oakwood Village 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Oakwood Village Palm Bay.

Best Buy
Buyers who want Palm Bay affordability with shared amenities and the patience to evaluate each home on its own merits.
Biggest Risk
A five-decade build span means condition varies wildly; you can easily overpay if you don't adjust for deferred maintenance and systems age.
Sweet Spot
Finding a well-maintained 1980s or newer unit where the seller has already handled the big-ticket updates and priced realistically for the current supply.
Avoid If
You need turnkey consistency across the community or want a neighborhood where every home was built to the same standard in the same era.

What you're actually buying

Oakwood Village Palm Bay is twenty-three homes built between 1969 and 2024, with a median vintage of 1985 and median footprint of 1,146 square feet. That spread means some units carry original finishes and systems from the early decades, while others have been remodeled or built out more recently. You cannot treat this as a homogeneous product - condition, updates, and lot position will drive price and livability more than the community name alone.

The amenity roster is broad: clubhouse, pool, tennis and pickleball courts, shuffleboard, playground, car wash area, on-site management, and grounds maintenance included in the regime. MLS data aggregates these across listings, so confirm with the HOA which facilities are currently maintained, what the assessment covers, and whether any special assessments or deferred capital projects are pending. Small communities can surprise you with sudden levies when roofs or paving come due.

With twelve months of supply and only two homes on the market right now, you're looking at a buyer-leaning dynamic in a shallow pool. That means negotiating room exists, but your comps will be sparse and every home will need individual underwriting. The homestead share of thirty-nine percent suggests a mix of primary residents and non-homesteaded owners - expect some turnover and some long-term neighbors, but not the stability of a near-total owner-occupant enclave.

The location and the amenities are priced into every listing in Oakwood Village 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

Oakwood Village Palm Bay requires forensic comp work and condition assessment across a fifty-year build range, and our Brevard agents know how to separate original-condition units from genuine updates. We'll pull HOA documents before you write the offer, flag deferred maintenance or pending assessments, and help you model what that 1,146-square-foot median really means when one home is 1969 and another is a decade old. In a two-listing market with twelve months of supply, you need someone who can negotiate from strength without overpaying for amenities you may not use - we'll tell you when to walk.

Oakwood Village Palm Bay in 15 seconds.

Best forBuyers who want Palm Bay affordability with shared amenities and the patience to evaluate each home on its own merits.
Biggest advantageTwelve months of supply gives you negotiating leverage and time to inspect thoroughly before committing.
Biggest riskA five-decade build span means condition varies wildly; you can easily overpay if you don't adjust for deferred maintenance and systems age.
Sweet spotFinding a well-maintained 1980s or newer unit where the seller has already handled the big-ticket updates and priced realistically for the current supply.
Avoid ifYou need turnkey consistency across the community or want a neighborhood where every home was built to the same standard in the same era.

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 Oakwood Village Palm Bay sales matched to your home.

What is your Oakwood Village Palm Bay home worth?

Get a no-obligation home value based on real comparable sales in Oakwood Village 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.

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Real comps, not an automated estimate.

Oakwood Village Market Scorecard

Buyer-Leaning Market (limited data)

Oakwood Village is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $167,500.

12.0
Months supply
$167,500
Median list
$156,250
Median sold
$177
Per sqft
n/a
Days on mkt
2/1/2
Active/Pend/Sold

Typical home value in the 32905 ZIP is $236,751, about 16.3% 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 Oakwood Village Palm Bay a buyer's or seller's market right now?
As of July 15, 2026, Oakwood Village Palm Bay leans toward buyers: 12.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Oakwood Village Palm Bay?
The Florida DOR 2025 assessment roll shows 23 homes in Oakwood Village Palm Bay (public records).
What share of Oakwood Village Palm Bay is owner-occupied?
39% of Oakwood Village 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 Oakwood Village Palm Bay built?
Homes in Oakwood Village Palm Bay were built between 1969 and 2024, with a median year built of 1985 (FL DOR 2025 roll).
Who is the best real estate agent for Oakwood Village Palm Bay?
The best agent for Oakwood Village 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 Oakwood Village Palm Bay.
How do I find a top Palm Bay real estate agent who knows Oakwood Village 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 Oakwood Village Palm Bay and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Oakwood Village Palm Bay?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Oakwood Village Palm Bay purchase or sale - no call center and no pressure.
Buyers who want a sub-1,200-square-foot footprint with pool and pickleball access and are comfortable evaluating renovations and system age home by home.Excellent fit
Investors or second-home buyers comfortable with a thirty-nine percent homestead share and willing to underwrite each unit as a distinct asset.Excellent fit
Cost-conscious primary-residence buyers who value Palm Bay proximity and shared amenities more than new construction uniformity.Excellent fit
Buyers who want a large, recently built community where every home meets a consistent age and finish standard.Probably not
Anyone unwilling to perform deep due diligence on HOA reserves, deferred capex, and individual-unit condition before closing.Probably not
Households seeking a seller's market with fast appreciation; twelve months of supply means price growth will be muted until inventory tightens.Probably not

Nearby Communities

Explore more neighborhoods near Oakwood Village Palm Bay with Momentum Realty’s local guides.

PEPinewood Estates Palm BayPalm Bay, FL · 0.5 miSWSonesta Walk MelbournePalm Bay, FL · 0.5 miRKRiviera Key Palm BayPalm Bay, FL · 0.6 miSLSouthampton Lakes MelbournePalm Bay, FL · 0.7 miCCCountry Club Estates Palm BayPalm Bay, FL · 0.7 miReserve At Country Club Lakes Estates Palm BayPalm Bay, FL · 0.9 miAKAlamanda Key Phase I MelbournePalm Bay, FL · 0.9 miTGThe Gables At Lake In The Woods Ph Ii MelbournePalm Bay, FL · 1.0 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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