Palm Bay, FL Home Values (2026)
The median home value in Palm Bay is about $311,500 (~$196/sq ft) — 7% more expensive than the typical U.S. home. Below: how Palm Bay compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Palm Bay?
Here’s what the numbers say about housing costs in Palm Bay. A typical home runs about $311,500, which is 7% more expensive than the national median and 11% more affordable than the Florida average. At roughly $196 per square foot, a median budget here buys you around 1,590 sq ft of home.
Prices swing a lot by neighborhood: across Palm Bay’s 4 ZIP codes, the most affordable is 32905 (~$237,000) and the priciest is 32908 (~$320,000) — roughly a 1.4× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Palm Bay home value by size
Using the local rate of about $196 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $196,000 |
| 1,500 sq ft | $294,000 |
| 2,000 sq ft | $392,000 |
| 2,500 sq ft | $490,000 |
| 3,000 sq ft | $588,000 |
Estimate your specific home in Palm Bay
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Palm Bay, FL
Typical value and price per square foot for each Palm Bay ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 32908 | $320,000 | $193 |
| 32909 | $320,000 | $202 |
| 32907 | $303,000 | $199 |
| 32905 | $237,000 | $193 |
Grow your home’s value in Palm Bay
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Palm Bay stacks up against other Florida cities on the Florida home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.