Port Malabar in Palm Bay

Port Malabar
Homes for Sale in Palm Bay, FL

Community in Palm Bay · Brevard County · ZIP 32905
Median sale $242K
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily

Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $242,500, $167 per square foot, a median 36 days on market, sellers accepting 93% of original asking. Homes listed or recently sold were built 1972–1973. At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $3,780 ($3,160 with the full homestead exemption).

Live · Port Malabar Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$242K
Median sold · 12 mo
$167/sf
Sold $/sqft · 12 mo
peak $167 in 2026
93.3%
Sale vs ask
Brevard median: 95.6%
Tempo
36days
Median DOM · closed
5 days at the 2021 low
100%
Under contract
Brevard: 27% (1,495 of 5,582)
0 · 1
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 1 a year
Track record · 21 years of records
1,334sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a price-per-foot story more than a price-tag story. With a median around $242,500 and a median near $167 a square foot, what you pay here tracks closely to condition and size rather than any single premium feature. There are no community amenities identified in the current listings, so the pricing reflects the houses themselves and the Palm Bay location, not shared facilities.

At a median of 36 days on market, this is a moderate-pace segment — not a bidding-war footing, not a stall. Sellers who price to the comps and present a clean, move-in-ready home should transact in a reasonable window; those who overreach on condition-adjusted value will sit. Buyers have room to underwrite carefully and inspect without the pressure of an overheated market.

The 60-Second Overview

Port Malabar market snapshot (as of September 12, 2026): the median sale price is about $242K ($167 per sq ft over the trailing 12 months of closed sales), and a median 36 days on market for closed sales.

Port Malabar is a residential pocket of Palm Bay in Brevard County where value is driven by the individual home. With no shared amenities in the current MLS data, expect pricing to hinge on square footage, condition, and lot.

Best for

  • Buyers with a budget near the mid-$240s looking for a move-in-ready single-family home in Palm Bay
  • Value-minded buyers open to a project home who will price the condition gap into their offer
  • Sellers with a clean, updated home willing to price to condition-adjusted comps

Probably not for

  • Buyers who want resort-style or shared community amenities
  • Buyers needing a guaranteed fast sale or a precise price floor from deep comp data
  • Sellers expecting an amenity or neighborhood premium beyond what the house itself supports

Windows contain 0 to 4 sales each (4 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 2005 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.
How much local inventory is already under contract

22% of homes for sale in ZIP 32905 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).

Port Malabar Market Scorecard

Balanced

Port Malabar is currently a balanced market..

$242,500
Median sold
0/1/4
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 Port Malabar

Live MLS inventory for Port Malabar. 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 Port Malabar listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period 2005 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
  • Stone · Middle
  • Palm Bay · High

Zoned schools reflect the assignments reported on recent Port Malabar 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 Port Malabar address.

If we were buying in Port Malabar 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.

Best Buy
Buyers who want a single-family home in Palm Bay priced on the house itself, not shared amenities.
Biggest Risk
A thin sample of recent closings means the median is directional, not precise.
Sweet Spot
A condition-clean home priced to the comps, which should move in a reasonable window.
Avoid If
You need community amenities — none are identified in current listings.

What the numbers actually tell you

The median price sits at $242,500 with a median around $166.57 per square foot. Read those together: this is a market where a larger or updated home commands more not because of a neighborhood premium but because you are buying more finished space. Because we only have the median to work from, treat the spread above and below it as condition-driven — a renovated house and a project house can look very different at closing, and neither shows up as a separate published number.

The closings sample here is thin — four in the window — so lean on the median as a directional guide rather than a precise floor or ceiling. Combined with a 36-day median on market, the takeaway is a functioning, unhurried segment. Comps matter, and a single unusual sale can move the picture, so pricing and offers should be built on the specific house, not the headline stat.

The location and the amenities are priced into every listing in Port Malabar. 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 small-sample market like this one, the median only gets you so far. We underwrite the individual home — condition, square footage, lot — against the handful of relevant closings so you are not anchored to a number that may not match the property in front of you. For sellers, that means pricing to the comps and the finish level; for buyers, it means a defensible offer and clear-eyed inspection expectations.

Port Malabar in 15 seconds.

Best forBuyers who want a single-family home in Palm Bay priced on the house itself, not shared amenities.
Biggest advantageA moderate pace gives buyers room to inspect and underwrite without bidding-war pressure.
Biggest riskA thin sample of recent closings means the median is directional, not precise.
Sweet spotA condition-clean home priced to the comps, which should move in a reasonable window.
Avoid ifYou need community amenities — none are identified in current listings.

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 Port Malabar sales matched to your home.

What is your Port Malabar home worth?

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

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Port Malabar?
The median sale price in Port Malabar was $242K over the 12 months ending September 12, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Port Malabar take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 36 days on market (4 sales, Space Coast MLS).
Who is the best real estate agent for Port Malabar?
The best agent for Port Malabar 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.
How do I find a top Palm Bay real estate agent who knows Port Malabar?
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 Port Malabar and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Port Malabar?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Port Malabar purchase or sale - no call center and no pressure.
Buyers with a budget near the mid-$240s looking for a move-in-ready single-family home in Palm BayExcellent fit
Value-minded buyers open to a project home who will price the condition gap into their offerExcellent fit
Sellers with a clean, updated home willing to price to condition-adjusted compsExcellent fit
Buyers who want resort-style or shared community amenitiesProbably not
Buyers needing a guaranteed fast sale or a precise price floor from deep comp dataProbably not
Sellers expecting an amenity or neighborhood premium beyond what the house itself supportsProbably not

Nearby Communities

Explore more neighborhoods near Port Malabar with Momentum Realty’s local guides.

Rhum Cove Palm Bay0.6 mi awayPBPalm Bay Estates Mobile Home Park Co Op Of Tropic0.6 mi awayFSFairhaven Subd Palm Bay0.7 mi awayCountry Cove Malabar1.1 mi awayHiawatha Gardens Palm Bay1.6 mi awayStillwater Preserve Subdivision Malabar1.7 mi awayOROcean Ridge Melbourne Beach2.0 mi awayBWBeach Woods Stage 4 Melbourne Beach2.0 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 2005 (26 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 →

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CallFree valuation →
Thinking of selling in Port Malabar Unit 1 4Th? 4 recorded closings; median 36 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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