Port Malabar Unit 5 1St
Homes for Sale in Palm Bay, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
In Port Malabar Unit 5 1St, price is driven less by the community itself and more by the individual home. There are no identified shared amenities pulling values up or down, so what you pay tracks condition, updates, and square footage. The median sits at $277,000, or about $189 per square foot, and the spread around that number is condition-driven rather than location-driven within the neighborhood.
The current posture is firm but not frantic. A market heat score of 61 and a median 23 days on market say homes that are priced right and shown well move in under a month. Sellers have leverage; buyers have room to be selective but not to stall. With year-over-year up 12.2%, waiting has carried a real cost recently, though past movement is not a promise of future movement.
Port Malabar Unit 5 1St right now
🟢 Still climbing. The trailing-12-month median ($277K) is up 12.2% from the prior 12 months ($247K) and up 715% since 2012. With about 5 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 (5 and 4 sales in the two windows).
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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 5 1St market snapshot (as of July 15, 2026): the median sale price is about $277K ($189 per sq ft over the trailing 12 months of closed sales), and a median 23 days on market for closed sales. The trailing-12-month median is up 12% from the prior 12 months and up 715% since 2012, computed from record-level Space Coast MLS closed sales (5 closings in the current window).
This is a straightforward Palm Bay residential pocket in Brevard County with no shared amenities identified in current listings, which keeps the buying decision focused squarely on the individual house and lot.
Who Port Malabar Unit 5 1St is best for.
Best for
- Buyers targeting the mid-$200s who value the home itself over shared amenities
- Buyers ready to move decisively in a market that clears in about 23 days
- Renovation-minded buyers who can capture value by improving a dated property's condition
Probably not for
- Buyers who require community amenities like a pool, clubhouse, or gated access
- Buyers expecting to negotiate slowly in a market this firm
- Buyers banking on the past decade's appreciation rate continuing
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($277K) IS the median in the snapshot above, and the move from 2025 ($247K) IS the +12.2% one-year change.
Windows contain 2 to 8 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 %s through %s. Deemed reliable but not guaranteed.
The Port Malabar Unit 5 1St buying strategy.
If we were buying in Port Malabar Unit 5 1St 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Port Malabar Unit 5 1St.
What actually moves value here
The long arc is the headline: values are up 715% since 2012. That is a dramatic climb over more than a decade, and it frames why the area draws attention. But a number like that reflects where the market has been, not a guarantee of where it goes next, and anyone buying today should underwrite on current fundamentals, not the rearview mirror.
Because there are no amenities to differentiate one home from another, condition and finish do the heavy lifting. At roughly $189 per square foot against a $277,000 median, an updated, well-presented home can justify the top of the range while a dated one will sit. The 23-day median absorption tells you the market rewards realistic pricing and punishes wishful pricing quickly.
The location and the amenities are priced into every listing in Port Malabar Unit 5 1St. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Port Malabar Unit 5 1St buys, holds, and resells. Momentum Research; not an appraisal.
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 (9.7). Basis: Long-Term Appreciation +715% since 2012; Recent Direction +12.2% year-over-year; Pricing Power 100.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a neighborhood where condition sets price and there is no amenity story to lean on, pricing and presentation are the whole game. We read the current data honestly, position your home against what is actually selling, and tell buyers when a house is priced for its condition and when it is not. With a median under a month on market, the cost of a mispriced first two weeks is real, and we plan for that from day one.
Port Malabar Unit 5 1St in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Port Malabar Unit 5 1St 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 Port Malabar Unit 5 1St sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Port Malabar Unit 5 1St, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Port Malabar Unit 5 1St home worth?
Get a no-obligation home value based on real comparable sales in Port Malabar Unit 5 1St, 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 5 1St on the map →
Frequently Asked Questions
What is the median home price in Port Malabar Unit 5 1St?
How long do homes in Port Malabar Unit 5 1St take to sell?
Have Port Malabar Unit 5 1St home prices gone up?
Who is the best real estate agent for Port Malabar Unit 5 1St?
How do I find a top Palm Bay real estate agent who knows Port Malabar Unit 5 1St?
Can Momentum Realty connect me with an agent for Port Malabar Unit 5 1St?
Should you buy in Port Malabar Unit 5 1St?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Space Coast MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (119 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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