Palm Bay Homes Subd in Palm Bay

Palm Bay Homes Subd
Homes for Sale in Palm Bay, FL

Community in Palm Bay · Brevard County · ZIP 32905
Median sale $419K
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily

As of September 2026, Palm Bay Homes Subd in Palm Bay, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $419,000, $203 per square foot, a median 129 days on market, sellers accepting 100% of original asking. Homes listed or recently sold were built 2005–2026 with 6 new construction; 1 of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 23 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,540 ($5,920 with the full homestead exemption).

Live · Palm Bay Homes Subd Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$419K
Median sold · 12 mo
$203/sf
Sold $/sqft · 12 mo
peak $203 in 2026
99.8%
Sale vs ask
Brevard median: 95.6%
Tempo
2.4mo
Supply
3 to 6 months is the balanced band
129days
Median DOM · closed
129 days at the 2026 low
50%
Under contract
Brevard: 27% (1,495 of 5,582)
1 · 1
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 1 a year
Track record · 22 years of records
2,000sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

Palm Bay Homes Subd Housing Pulse · Momentum Research · as of September 12, 2026

Palm Bay Homes Subd right now

🔴 Seller-leaning market. 2.4 months of supply and 50% 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 September 12, 2026. Confidence: Medium (2 active and pending listings, 5 closed sales in 12 months).

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

Updated September 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

Palm Bay Homes Subd market snapshot (as of September 12, 2026): the median sale price is about $419K ($203 per sq ft over the trailing 12 months of closed sales), a median 129 days on market for closed sales, and 2.4 months of supply, a seller-leaning market.

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.

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

Windows contain 0 to 5 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2004 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 5 in the current window.
How much local inventory is already under contract

31% 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 (2026-09-12).

Palm Bay Homes Subd Market Scorecard

Seller-leaning

Palm Bay Homes Subd is currently a seller-leaning market. About 2.4 months of supply, a median asking price of $299,990.

2.4
Months supply
$299,990
Median list
$419,000
Median sold
$238
List $/sqft
1/1/5
Active/Pend/Sold

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

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Palm Bay Homes Subd

Live MLS inventory for Palm Bay Homes Subd. 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 Subd listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period 2004 through 2026. Tap any home to ask about it.

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

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 Palm Bay Homes Subd 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 Subd address.

If we were buying in Palm Bay Homes Subd 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Palm Bay Homes Subd.

Best Buy
Buyers comfortable evaluating a home on its own merits rather than a busy comp set.
Biggest Risk
Thin sales data makes valuation property-specific and harder to benchmark.
Sweet Spot
A well-condition home priced honestly against its own features.
Avoid If
You want community amenities or a large, easily-comparable market.

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 Subd. 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 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 Subd in 15 seconds.

Best forBuyers comfortable evaluating a home on its own merits rather than a busy comp set.
Biggest advantageA quieter, low-inventory pocket where the house, not a crowd of listings, sets the terms.
Biggest riskThin sales data makes valuation property-specific and harder to benchmark.
Sweet spotA well-condition home priced honestly against its own features.
Avoid ifYou want community amenities or a large, easily-comparable market.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Palm Bay Homes Subd sales matched to your home.

What is your Palm Bay Homes Subd home worth?

Get a no-obligation home value based on real comparable sales in Palm Bay Homes Subd, 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 Palm Bay Homes Subd on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Palm Bay Homes Subd?
The median sale price in Palm Bay Homes Subd was $419K over the 12 months ending September 12, 2026 (5 closed sales, Space Coast MLS).
How long do homes in Palm Bay Homes Subd take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 129 days on market (5 sales, Space Coast MLS).
Is Palm Bay Homes Subd a buyer's or seller's market right now?
As of September 12, 2026, Palm Bay Homes Subd leans toward sellers: 2.4 months of supply at the current sales pace (Space Coast MLS live counts).
Who is the best real estate agent for Palm Bay Homes Subd?
The best agent for Palm Bay Homes Subd 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 Palm Bay Homes Subd.
How do I find a top Palm Bay real estate agent who knows Palm Bay Homes Subd?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palm Bay Homes Subd and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Palm Bay Homes Subd?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm Bay Homes Subd purchase or sale - no call center and no pressure.
Buyers who will assess a home on condition and lot rather than lean on a dense comp setExcellent fit
Value-focused buyers willing to negotiate off the specific propertyExcellent fit
Buyers who prefer a low-inventory, low-noise pocket of Palm BayExcellent fit
Buyers who need on-site or shared community amenitiesProbably not
Buyers who want a deep run of recent sales to benchmark price againstProbably not
Buyers seeking a large, high-turnover market with lots of active choicesProbably not

Nearby Communities

Explore more neighborhoods near Palm Bay Homes Subd with Momentum Realty’s local guides.

SCSanibel Cove Palm Bay0.9 mi awaySPSloneridge Palm Bay1.1 mi awayASAvery Springs Palm Bay1.3 mi awayFOFalls Of Palm Bay Palm Bay1.5 mi awayTPTillman Palm Bay1.5 mi awayRCRichmond Cove Palm Bay1.6 mi awayPWParkside West West Melbourne2.3 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 12, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2004 (19 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. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll 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.

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CallFree valuation →
Thinking of selling in Palm Bay Homes Subd? 5 recorded closings; median 129 days on market (window ending 2026-09-12). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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