Port Malabar Unit 48
Homes for Sale in Palm Bay, FL

Community in Palm Bay · Brevard County
Median sale $294K
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Live Market Pulse
12/100
Market Heat
Cooler than normal
2013 → 2026 · 92 at the 2022 peak
0 is Port Malabar Unit 48's coldest market since 2013, 100 its hottest. Today: 12. How it's scored
Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · Port Malabar Unit 48 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$294K
Median sold · 12 mo
down 7.1% vs the prior 12 months
-7.1%
1-yr price change
n = 59 and 85 sales in the two windows
$183/sf
Sold $/sqft · 12 mo
peak $201 in 2024
95.8%
Sale vs ask
+329%
T12M median vs 2012
from a $68K median in 2012
Tempo
36days
Median DOM · closed
7 days at the 2022 low
59
Sold · last 12 mo
10-yr average: about 84 a year
Track record · 22 years of records
1,705sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven more by the individual home than by any premium the community itself commands. There are no identified shared amenities, so what you pay tracks condition, lot, and square footage — the median sits at $294,000, or about $183 per square foot, and the spread around that is largely a function of how updated a given property is.

The posture is a buyer's one. The market heat score is low, days on market run around 36, and prices are off 7.1% year over year. That combination gives buyers room to negotiate and time to think, while sellers should price to the current market rather than to last year's comps and expect to wait rather than field instant offers.

Port Malabar Unit 48 Housing Pulse · Momentum Research · as of July 15, 2026

Port Malabar Unit 48 right now

🟡 Off the recent peak. The trailing-12-month median ($294K) is down 7.1% from the prior 12 months ($316K) and up 329% since 2012.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending July 15. Confidence: Very High (59 and 85 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 48 market snapshot (as of July 15, 2026): the median sale price is about $294K ($183 per sq ft over the trailing 12 months of closed sales), and a median 36 days on market for closed sales. The trailing-12-month median is down 7% from the prior 12 months and up 329% since 2012, computed from record-level Space Coast MLS closed sales (59 closings in the current window).

This is a straightforward Palm Bay residential pocket in Brevard County with no shared amenities to speak of — the value proposition is the house itself, not a lifestyle package. Prices have climbed 329% since 2012, but the recent trend has softened.

Best for

  • Buyers with a budget centered near the mid-$290s looking for a single home rather than a managed community
  • Value-focused buyers willing to trade a slow market for negotiating leverage
  • Renovation-minded buyers who can price a tired home correctly and add condition themselves

Probably not for

  • Buyers who expect shared amenities like a pool or clubhouse
  • Sellers who need a fast sale at last year's pricing
  • Buyers counting on quick short-term price gains in a softening market

Windows contain 59 to 112 sales each (59 in the current window); every figure carries its sample size. 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 7.1% year over year; up 329% since 2012.
Every sale since 2004 · price vs size
$0$200K$400K1k2k3k
1,862 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 $44 in 2012 to a $201 peak in 2024; $183 now.
Median days on market · closed sales
1020304020122014201620182020202220242026
7 days at the 2022 low; 36 now.
Sale price vs original ask · median
95%98%100%102%20122014201620182020202220242026
95.8% now.
Homes sold per 12-mo window
05010020122014201620182020202220242026
59 to 112 a year; 59 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
92 at the 2022 peak, 12 in the troughs, 12 now. Same score as the hero card, full history.

If we were buying in Port Malabar Unit 48 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 48.

Best Buy
Buyers who want a standalone home in Palm Bay without paying for amenities they won't use.
Biggest Risk
Prices are down year over year, so near-term value can drift.
Sweet Spot
A well-maintained or updated home bought at or below the $294,000 median.
Avoid If
You want amenities — pools, clubhouses, gated common areas — because there are none here.

A condition-driven submarket

With no community amenities pulling values in a single direction, this is a place where the difference between an updated home and a tired one shows up plainly in price. The median of $294,000 is a midpoint, not a ceiling or a floor; expect a wide spread on either side depending on what the specific property offers.

The longer arc is worth noting: values are up 329% since 2012, a reminder that this area has seen substantial movement over more than a decade. The current 7.1% year-over-year decline is a shorter-term correction, and a 36-day median on market suggests deals are getting done — just not at the pace of a hot market. The heat score of 12 confirms that read.

The location and the amenities are priced into every listing in Port Malabar Unit 48. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.1B · Buy Score
Long-Term Appreciation10.0/10
Recent Direction4.2/10
Pricing Power7.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (7.1). Basis: Long-Term Appreciation +329% since 2012; Recent Direction -7.1% year-over-year; Pricing Power 95.8% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a submarket where condition sets price and there's no amenity story to lean on, pricing and inspection judgment do the heavy lifting. We work the Space Coast feed closely, we read the 59 recent closings against the specific home in front of you, and in a softer, slower market we know where the negotiating room actually is.

Port Malabar Unit 48 in 15 seconds.

Best forBuyers who want a standalone home in Palm Bay without paying for amenities they won't use.
Biggest advantageA buyer-favorable market with negotiating room and time to decide.
Biggest riskPrices are down year over year, so near-term value can drift.
Sweet spotA well-maintained or updated home bought at or below the $294,000 median.
Avoid ifYou want amenities — pools, clubhouses, gated common areas — because there are none here.

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 48 sales matched to your home.

What is your Port Malabar Unit 48 home worth?

Get a no-obligation home value based on real comparable sales in Port Malabar Unit 48, 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.

Frequently Asked Questions

What is the median home price in Port Malabar Unit 48?
The median sale price in Port Malabar Unit 48 was $294K over the 12 months ending July 15, 2026 (59 closed sales, Space Coast MLS).
How long do homes in Port Malabar Unit 48 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 36 days on market (59 sales, Space Coast MLS).
Have Port Malabar Unit 48 home prices gone up?
The trailing-12-month median is up 329% since 2012, from $68K to $294K (Space Coast MLS closed records).
Who is the best real estate agent for Port Malabar Unit 48?
The best agent for Port Malabar Unit 48 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 48.
How do I find a top Palm Bay real estate agent who knows Port Malabar Unit 48?
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 48 and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Port Malabar Unit 48?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Port Malabar Unit 48 purchase or sale - no call center and no pressure.
Buyers with a budget centered near the mid-$290s looking for a single home rather than a managed communityExcellent fit
Value-focused buyers willing to trade a slow market for negotiating leverageExcellent fit
Renovation-minded buyers who can price a tired home correctly and add condition themselvesExcellent fit
Buyers who expect shared amenities like a pool or clubhouseProbably not
Sellers who need a fast sale at last year's pricingProbably not
Buyers counting on quick short-term price gains in a softening marketProbably 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 2004 (1,862 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.

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