Port Malabar Unit 1
Homes for Sale in Palm Bay, FL

Community in Palm Bay · Brevard County
Median sale $235K
Free · No obligation
Talk to a Port Malabar Unit 1 Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · Port Malabar Unit 1 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$235K
Median sold · 12 mo
down 25.4% vs the prior 12 months
-25.4%
1-yr price change
n = 3 and 3 sales in the two windows
$194/sf
Sold $/sqft · 12 mo
peak $216 in 2025
96.0%
Sale vs ask
Brevard median: 96.2%
Tempo
9days
Median DOM · closed
2 days at the 2016 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 21 years of records
1,192sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

In Port Malabar Unit 1, price is driven far more by the individual home than by the address. With a median around $235,000 and a median near $194 per square foot, what separates one sale from the next is condition, updates, and lot — not a community premium, because there are no shared amenities carrying value here.

The posture right now is fast but softening. A median of 9 days on market says clean, correctly priced homes move quickly, while the year-over-year median down 25.4% tells sellers the comps have reset lower. Buyers have leverage on price; sellers who anchor to last year's numbers will sit. Read the drop with caution — the closing window is only 3 sales, so a couple of transactions swing the median.

Port Malabar Unit 1 Housing Pulse · Momentum Research · as of July 15, 2026

Port Malabar Unit 1 right now

🔴 Off the recent peak. The trailing-12-month median ($235K) is down 25.4% from the prior 12 months ($315K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending July 15. Confidence: Low (3 and 3 sales in the two windows).

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

The 60-Second Overview

Port Malabar Unit 1 market snapshot (as of July 15, 2026): the median sale price is about $235K ($194 per sq ft over the trailing 12 months of closed sales), and a median 9 days on market for closed sales. The trailing-12-month median is down 25% from the prior 12 months, computed from record-level Space Coast MLS closed sales (3 closings in the current window).

This is a straightforward Palm Bay residential pocket in Brevard County with no amenity structure — you are buying the house and the location, not a lifestyle package, and pricing reflects that.

Best for

  • Buyers targeting a mid-$200s single-family home who value price over shared amenities
  • Value-focused buyers willing to move fast and act on inspections and financing quickly
  • Renovation-minded buyers hunting condition-driven discounts in a softening market

Probably not for

  • Buyers who want pools, clubhouses, or gated amenities as part of the purchase
  • Buyers who need a deep set of recent comps before feeling confident on price
  • Sellers unwilling to price to current, reset comps rather than last year's numbers

Windows contain 0 to 5 sales each (3 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 %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K20122014201620182020202220242026
Down 25.4% year over year.
Every sale since 2005 · price vs size
$0$100K$200K$300K0k1k2k2k
46 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$150$20020122014201620182020202220242026
Up from $59 in 2012 to a $216 peak in 2025; $194 now.
Median days on market · closed sales
05020122014201620182020202220242026
2 days at the 2016 low; 9 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
96.0% now vs Brevard 96.2%.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 3 in the current window.

If we were buying in Port Malabar Unit 1 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 Port Malabar Unit 1.

Best Buy
Buyers who want a standalone home in Palm Bay without amenity fees baked into the price.
Biggest Risk
A thin sample of recent sales makes the median and year-over-year figure volatile.
Sweet Spot
An updated, move-in-ready home priced to the reset comps near the mid-$200s.
Avoid If
You need community amenities or a large, deep pool of comparable sales for confidence.

Reading a thin, fast market

Two data points define the current snapshot: homes are turning over in about 9 days, and the median has come down 25.4% from a year ago. That combination usually means the market has repriced and is now clearing at the new level rather than stalling. For a buyer, the speed means you need financing and inspections lined up before you tour; for a seller, it means the reward goes to the listing that is priced to today, not yesterday.

The important caveat is sample size. With only 3 closings in the measured window, both the median price and the year-over-year figure are sensitive to the mix of what happened to sell. A single dated or premium home can tug these numbers hard. Treat the 25.4% as a directional signal — softer, buyer-favorable — rather than a precise mark on any one property. We price against the specific comps that fit your house.

The location and the amenities are priced into every listing in Port Malabar Unit 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A three-sale window and a fast clock reward local reading over algorithms. We work Port Malabar Unit 1 directly, so we can tell you whether a given median reflects your home or a couple of outliers, and we price and time accordingly. For buyers, that means moving decisively on the right house without overpaying into a softening trend; for sellers, it means positioning to capture the quick-sale speed instead of chasing the market down.

Port Malabar Unit 1 in 15 seconds.

Best forBuyers who want a standalone home in Palm Bay without amenity fees baked into the price.
Biggest advantageHomes here move quickly when priced right, and buyers currently hold pricing leverage.
Biggest riskA thin sample of recent sales makes the median and year-over-year figure volatile.
Sweet spotAn updated, move-in-ready home priced to the reset comps near the mid-$200s.
Avoid ifYou need community amenities or a large, deep pool of comparable sales for confidence.

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 Port Malabar Unit 1 sales matched to your home.

What is your Port Malabar Unit 1 home worth?

Get a no-obligation home value based on real comparable sales in Port Malabar Unit 1, 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 Port Malabar Unit 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Port Malabar Unit 1?
The median sale price in Port Malabar Unit 1 was $235K over the 12 months ending July 15, 2026 (3 closed sales, Space Coast MLS).
How long do homes in Port Malabar Unit 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 9 days on market (3 sales, Space Coast MLS).
Who is the best real estate agent for Port Malabar Unit 1?
The best agent for Port Malabar Unit 1 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 Port Malabar Unit 1.
How do I find a top Palm Bay real estate agent who knows Port Malabar Unit 1?
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 Port Malabar Unit 1 and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Port Malabar Unit 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Port Malabar Unit 1 purchase or sale - no call center and no pressure.
Buyers targeting a mid-$200s single-family home who value price over shared amenitiesExcellent fit
Value-focused buyers willing to move fast and act on inspections and financing quicklyExcellent fit
Renovation-minded buyers hunting condition-driven discounts in a softening marketExcellent fit
Buyers who want pools, clubhouses, or gated amenities as part of the purchaseProbably not
Buyers who need a deep set of recent comps before feeling confident on priceProbably not
Sellers unwilling to price to current, reset comps rather than last year's numbersProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (46 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 your area 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.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Talk to a Local Port Malabar Unit 1 Expert
Call Get Listings