Shire The Palm Bay
Homes for Sale in Palm Bay, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
Shire The Palm Bay is a small enclave of 68 homes, most built in the mid-1970s, with a median living area of 684 square feet. These are compact, older residences - many originally built as starter homes or investment properties. Condition and updates drive everything here; two otherwise identical floor plans can trade tens of thousands of dollars apart depending on kitchen, roof, and HVAC work. The homestead share of 34% tells you this is a mixed neighborhood: some long-term owner-occupants, a solid investor contingent, and turnover that keeps things liquid.
With just one active listing and 2.4 months of supply, the market leans seller today. That tightness doesn't mean bidding wars - it means limited choice and less negotiating room than you'd find in a deeper inventory pool. Buyers looking for move-in ready will wait or pay a premium; those comfortable with deferred maintenance can still find opportunity if they move when something decent hits.
Shire The Palm Bay 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 July 15, 2026. Confidence: Low (2 active and pending listings, 0 closed sales in 12 months).
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 setting & the homes.
Aerial and on-site photos of Shire The Palm Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Shire The Palm BayPhotos from Space Coast MLS listings in Shire The Palm Bay; content deemed reliable but not guaranteed.
Who Shire The Palm Bay is best for.
Best for
- First-time buyers with repair skills and a tight budget who can trade sweat equity for affordability
- Small-scale investors targeting Brevard rental inventory with proven tenant demand and manageable rehab scopes
- Downsizers seeking minimal square footage, low purchase price, and proximity to Palm Bay services who can manage older-home maintenance
Probably not for
- Buyers expecting turnkey condition, modern open floor plans, or granite-and-stainless finishes without a full renovation
- Anyone requiring three bedrooms and two full baths in original configuration - most homes here are smaller
- Investors relying on rapid appreciation or luxury-rental rents; this is a working-class price band with modest rent ceilings
The market around Shire The Palm Bay
Shire The Palm Bay is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Shire The Palm Bay specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Shire The Palm Bay
Live MLS inventory for Shire The Palm Bay. 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 Shire The Palm Bay listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.
Shire The Palm Bay on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Palm Bay Elem · Elementary
- Stone · Middle
- Palm Bay · High
Zoned schools reflect the assignments reported on recent Shire The Palm Bay 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 Shire The Palm Bay address.
The Shire The Palm Bay buying strategy.
If we were buying in Shire The Palm Bay 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 Shire The Palm Bay.
Small footprints, big condition spread
Sixty-eight homes, median build year 1975, median living area 684 square feet. These are not sprawling ranch plans - think two-bedroom, one-bath footprints, sometimes stretched to three bedrooms in a long rectangle. Construction quality is typical late-century concrete block; what matters now is how much deferred maintenance the current owner tackled. A few homes have been substantially renovated or rebuilt (the range runs to 2020), but the median tells the story: you are shopping a neighborhood that came of age fifty years ago.
The low homestead share - 34% - signals that many of these properties cycle through as rentals or flips. That can mean inconsistent upkeep and a mix of pride-of-ownership alongside purely transactional owners. For a buyer, it means due diligence on every system and surface. For an investor, it means rental comps are plentiful and tenant demand is established, but you will compete with other investor bids when something priced right appears.
One active listing in a 68-home community produces a 2.4-month supply and a seller-leaning posture. Practically, that means limited selection and less room to negotiate repairs or price. If you are hunting for exactly this size and exactly this budget in Palm Bay, you may wait weeks between suitable listings. If you need to close on a timeline, be ready to move decisively when inventory appears - and bring a contractor's eye or a good inspection budget.
The location and the amenities are priced into every listing in Shire The Palm Bay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 68-home neighborhood with one active listing, you need an agent who monitors off-market whispers, knows which properties are about to list, and can walk you through condition red flags before you write an offer. Momentum's Brevard team understands the difference between a cosmetic refresh and a roof-and-plumbing overhaul, and we will tell you when a deal that looks cheap is actually expensive. We also know the investor playbook here - what rents for how much, which rehab dollars come back, and when to walk away. Whether you are buying to live or buying to lease, we make sure the numbers and the timeline work before you commit.
Shire The Palm Bay 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 Shire The Palm Bay 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 Shire The Palm Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Shire The Palm Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Shire The Palm Bay home worth?
Get a no-obligation home value based on real comparable sales in Shire The Palm Bay, 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 Shire The Palm Bay on the map →
The Shire Market Scorecard
The Shire is currently a balanced market (limited data). About 2.4 months of supply, a median asking price of $235,000.
Typical home value in the 32905 ZIP is $236,751, about 16.3% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Based on information from the Space Coast MLS for the period 2026 through 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Shire The Palm Bay a buyer's or seller's market right now?
How many homes are in Shire The Palm Bay?
What share of Shire The Palm Bay is owner-occupied?
When were the homes in Shire The Palm Bay built?
Who is the best real estate agent for Shire The Palm Bay?
How do I find a top Palm Bay real estate agent who knows Shire The Palm Bay?
Can Momentum Realty connect me with an agent for Shire The Palm Bay?
Should you buy in Shire The Palm Bay?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Shire The Palm Bay with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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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