Palm Bay Homes
Homes for Sale in Palm Bay, FL
All 1,176 homes for sale in Palm Bay, FL · median $340,000 · 342 homes for sale in 32907 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Palm Bay Homes Subd in Palm Bay, FL has 1 home for sale. Homes listed or recently sold were built 2005–2026 with 5 new construction; 1 of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 23 ft).
Palm Bay Homes Subd is a small pocket within Palm Bay, and with only two closings in the current window there is no deep pool of comparables to lean on. In a thin-data setting like this, price is driven far more by the condition and specifics of the individual house than by any neighborhood pattern — a well-updated home and a dated one here are not telling the same story.
For a buyer, that means the list price on any given home deserves scrutiny on its own merits, not a reflexive assumption about what the area 'should' cost. For a seller, it means pricing is a judgment call built from the actual condition of your home rather than a crowded run of recent sales. Both sides should expect to negotiate off the property itself.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Palm Bay Homes right now
🔴 Seller-leaning market. 2.4 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.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 November 8, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 12, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
This is a modest, low-inventory subdivision in Palm Bay, Brevard County, where the story is about individual houses rather than a large, easily-benchmarked market.
Space Coast MLS sales records identify 5 homes in Palm Bay Homes that have changed hands since 2014, built between 1999 and 2026 (median 2008), with a median living area of about 2,076 sq ft and a typical 4-bedroom, 2.5-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Palm Bay Homes. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Palm Bay Homes
Palm Bay Homes
Palm Bay Homes
Palm Bay Homes
Palm Bay Homes
Palm Bay HomesPhotos from Space Coast MLS listings in Palm Bay Homes; content deemed reliable but not guaranteed.
Who Palm Bay Homes is best for.
Best for
- Buyers who will assess a home on condition and lot rather than lean on a dense comp set
- Value-focused buyers willing to negotiate off the specific property
- Buyers who prefer a low-inventory, low-noise pocket of Palm Bay
Probably not for
- Buyers who need on-site or shared community amenities
- Buyers who want a deep run of recent sales to benchmark price against
- Buyers seeking a large, high-turnover market with lots of active choices
The market around Palm Bay Homes
Palm Bay Homes is too small for its own price trend, so here is the market around it.
In ZIP 32907, 475 homes are on the market and 27% are under contract — a steady corner of Palm Bay.
Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).
In ZIP 32907 (Palm Bay), 693 homes closed in the last 12 months at a median of $320K ($193/sq ft), with a median 39 days on market. Right now 50 active and 10 pending listings. See the live ZIP 32907 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Palm Bay Homes specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Palm Bay Homes
Live MLS inventory for Palm Bay Homes. 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 Palm Bay Homes listings as of 2026-11-11, priced high to low. Based on information from the Space Coast MLS for the period 2026 through 2026. Tap any home to ask about it.
Palm Bay Homes on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.
Schools
- 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 Palm Bay Homes 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 Palm Bay Homes address.
Shop the zone: Homes zoned for Heritage High School
The Palm Bay Homes buying strategy.
If we were buying in Palm Bay Homes today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Palm Bay Homes.
A thin-data pocket
With just two closings in the window, Palm Bay Homes Subd does not generate the volume of activity that lets you triangulate value quickly. There are no community amenities identified from current MLS listings, so the value proposition rests on the home, the lot, and the wider Palm Bay location rather than on shared features.
That absence of amenities is not a strike against it — it simply means you are buying a house, not a lifestyle package. Expect a wide spread in condition from home to home, and treat each listing as its own negotiation rather than assuming a settled market rhythm.
The location and the amenities are priced into every listing in Palm Bay Homes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a subdivision this thin on recent activity, the mistake is treating a single sale as gospel. We work the individual property — its condition, its lot, its position within Palm Bay — and build a price argument you can actually defend at the table, whether you are buying or selling.
Palm Bay Homes in 15 seconds.
Tools for a Palm Bay Homes buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palm Bay Homes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Bay Homes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palm Bay Homes home worth?
Get a no-obligation home value based on real comparable sales in Palm Bay Homes, 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 all homes for sale in Palm Bay →
Recently off market in Palm Bay Homes Subd
Homes in Palm Bay Homes Subd that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 4 on record.
- 1850 Viburnum Road · off market
- 199 Waukesha Avenue · off market
- 2713 Gabboys · off market
- 555 Fernwood Avenue · off market
| Location | Palm Bay, Brevard County, FL · ZIP 32907 |
|---|---|
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Carbon Monoxide Detector(s), Fire Alarm |
| For sale right now | 1 active, 0 pending · median asking $279,888 · 2.4 months of supply |
Data as of November 8, 2026. Based on information from the Space Coast MLS for the period 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Palm Bay Homes key facts,” movewithmomentum.com/neighborhoods/palm-bay-homes-subd, data as of November 8, 2026.
Every Home for Sale in Palm Bay Homes Subd Right Now (1)
All 1 active and pending Palm Bay Homes Subd listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1317 Gideon Street · $290,990 · 3 bd / 2 ba · listed Aug 13, 2026 · listed by WJH Brokerage FL LLC
Recently sold in Palm Bay Homes Subd
- 555 Fernwood Avenue · sold $425,000
- 199 Waukesha Avenue · sold $419,000
- 2713 Gabboys · sold $440,000
- 1850 Viburnum Road · sold $398,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Palm Bay home searches
- All homes for sale in Palm Bay, FL
- Homes for sale in Brevard County, FL
- Palm Bay pool homes for sale
- Gated communities in Palm Bay
- Homes under $300K in Palm Bay
- Homes from $300K to $500K in Palm Bay
- Palm Bay home values: what is my house worth?
- ZIP 32907 housing scorecard
Palm Bay guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Flood zones
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Real estate agent in Palm Bay? Join Momentum in Palm Bay: 100% commission, one $12K cap.
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Dallam Avenue NW (1 homes on record)
- Tejon Avenue SW (1 homes on record)
Email me new listings in Palm Bay Homes
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Palm Bay Homes
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Palm Bay Homes will answer, and the answer is published on this page for the next buyer.
25% of homes for sale in ZIP 32908 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-11).
Recent Developments in Palm Bay Homes Subd
Development, infrastructure, retail, and school activity affecting Palm Bay Homes Subd, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Margarita Island opens in the former El Chico building on Evans Road, Melbourne
The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.
What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The project is about 7 miles northwest of Palm Bay Homes Subd, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The project is about 16 miles northwest of Palm Bay Homes Subd, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Infrastructure
Melbourne starts a citywide road condition survey with a scanning van
City consultant Michael Baker International began driving every city-maintained road on Oct. 15 with LiDAR, 3D scanners and cameras. The survey should finish by the end of 2026, and the Pavement Management Plan will be updated by early 2027 to prioritize resurfacing.
What it may mean for the marketThe survey will set the resurfacing priority list that shapes road conditions and repair timing across Melbourne. The site is about 3 miles north of Palm Bay Homes Subd.
Source: WFTV - June 2026Development
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 6 miles northwest of Palm Bay Homes Subd, elsewhere in Brevard County.
Source: FOX 35 Orlando - June 2026Development
West Melbourne's Space Coast Town Center Expands
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 7 miles northwest of Palm Bay Homes Subd, elsewhere in Brevard County.
Source: WFTV - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 6 miles northwest of Palm Bay Homes Subd, elsewhere in Brevard County.
Source: CFL Roads (FDOT)
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
Is Palm Bay Homes a buyer's or seller's market right now?
Who is the best real estate agent for Palm Bay Homes?
How do I find a top Palm Bay real estate agent who knows Palm Bay Homes?
Can Momentum Realty connect me with an agent for Palm Bay Homes?
Where is Palm Bay Homes, and what county is it in?
Should you buy in Palm Bay Homes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: November 11, 2026) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
| Historical depth | Closed-sale records back to 2026 (1 transactions analyzed) |
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. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Palm Bay Homes Subd fits the bigger picture — live prices, inventory, and Momentum Scores: