Stillwater Lakes
Homes for Sale in Palm Bay, FL
All 1,154 homes for sale in Palm Bay, FL · median $342,995 · 257 homes for sale in 32908 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 2 closed sales in stillwater lakes in Palm Bay, FL since 2013, the most recent in April 2017. Across Palm Bay as a whole, 398 homes closed in the last 12 months at a median of $318,325, 53 median days on market, with 179 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $4,970 ($4,340 with the full homestead exemption).
| Location | Palm Bay, Brevard County, FL · ZIP 32908 |
|---|---|
| Homes in the community | 8 (FL DOR 2025 assessment roll) |
| Years built | 2005–2023 (median 2008.0) |
| Typical living area | 4,622 sq ft (median) |
| Owner-occupied (homestead) share | 28% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2013 through 2017; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “stillwater lakes key facts,” movewithmomentum.com/neighborhoods/stillwater-lakes-palm-bay, data as of September 20, 2026.
Stillwater Lakes is a small, low-turnover pocket in Palm Bay with just 18 homes on the current MLS snapshot. What moves price here is not amenities or a name-brand address, it is the house itself: at a median living area of 4,622 square feet, these are large builds, and condition and finish are doing most of the work in what a home ultimately fetches. The single number we can stand behind is a wide, size-driven market; treat any comp as a starting point, not a rule.
With homes built between 2005 and 2023 and a median year of 2008, the stock skews newer but spans nearly two decades, so build quality and updates vary meaningfully unit to unit. The homestead share sits around 28%, which tells you a good portion of these are held as second homes or rentals rather than primary residences. For a buyer that means less emotional selling pressure and room to negotiate on the right listing; for a seller it means you are often competing on condition, not scarcity.
Nearby homes for sale
No active listings inside stillwater lakes right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Stillwater Lakes is a compact enclave of large, relatively recent homes in Palm Bay, where square footage rather than shared amenities defines the value proposition. It suits buyers who want space and a newer build over a resort-style community package.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Stillwater Lakes is best for.
Best for
- Buyers prioritizing large interior space over a resort-style amenity package
- Buyers comfortable underwriting condition and systems on a home-by-home basis
- Second-home or investment buyers seeking a newer-built, spacious property
Probably not for
- Buyers who want a gated or amenity-rich community with shared facilities
- Buyers who need many recent comparable sales to feel confident on price
- Buyers seeking a compact, lower-maintenance home rather than a large footprint
The market around Stillwater Lakes
Stillwater Lakes is too small for its own price trend, so here is the market around it.
In ZIP 32908, 362 homes are on the market and 29% are under contract — a steady corner of Palm Bay.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32908 (Palm Bay), 3,901 homes closed in the last 12 months at a median of $318K ($189/sq ft), down 1.8% year over year, with a median 51 days on market. Right now 51 active and 20 pending listings put supply at about 4.3 months - a balanced market. See the live ZIP 32908 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Stillwater Lakes specifically. Momentum Research analysis of MLS records.
The Stillwater Lakes buying strategy.
If we were buying in Stillwater Lakes 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 Stillwater Lakes.
A size-driven market with no amenity crutch
The defining fact here is scale. A 4,622-square-foot median puts Stillwater Lakes well above a typical Palm Bay footprint, and with no community amenities identified from current listings, the homes have to carry the entire value case on their own. That is not a knock - it means you are paying for interior space and lot, not for a clubhouse or gate you may never use - but it does mean pricing is driven almost entirely by condition, updates, and how a given home is presented.
Turnover is thin at 18 homes, so a single listing can shift the picture and comps are scarce. The 2005 - 2023 build window matters here: an early-run home and a near-new build can sit in the same community at very different points in their lifecycle. Buyers should underwrite each home individually - roof, systems, and finish level - rather than assume the neighborhood sets the standard.
The location and the amenities are priced into every listing in Stillwater Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this small, general averages mislead. We track Stillwater Lakes listing by listing, so we can tell you whether a given price reflects the home's condition or the seller's optimism - and where a large, older-in-the-range build may need capital you should price in before you offer. That granularity is the whole game in an 18-home community with no amenity comps to lean on.
Stillwater Lakes in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Stillwater Lakes 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 Stillwater Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Stillwater Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Stillwater Lakes home worth?
Get a no-obligation home value based on real comparable sales in Stillwater Lakes, 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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Frequently Asked Questions
How many homes are in Stillwater Lakes?
What share of Stillwater Lakes is owner-occupied?
When were the homes in Stillwater Lakes built?
Who is the best real estate agent for Stillwater Lakes?
How do I find a top Palm Bay real estate agent who knows Stillwater Lakes?
Can Momentum Realty connect me with an agent for Stillwater Lakes?
Where is Stillwater Lakes, and what county is it in?
Should you buy in Stillwater Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32908)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2013 (2 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.
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See how stillwater lakes fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Stillwater Lakes with Momentum Realty’s local guides.