Palm Bay, FL 32905 Real Estate & Property Data

Palm Bay, FL 32905 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 619 residential properties have been sold over the past 12 months in 32905. With a median sales price of $284,500 in 32905 and a total of 7 foreclosures in Palm Bay, FL 32905. Discover market trends and get the granular level real estate data for Palm Bay, FL 32905 to keep your pulse on the housing market. Curate compelling home reports for Palm Bay, FL 32905 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Palm Bay, FL 32905 Real Estate Market Trends
Total Residential Properties 9,478
Total Commercial Properties 490
Avg. Home Age (Single Family Home) 44 Years
Avg. Square Feet (Single Family Home) 2,056
Total 2024 Residential Sales (year-to-date) 87
% of Homes Seriously Underwater (Q2 2024) 0.7%
Total 2023 Residential Sales 569
% of Equity Rich Homes (Q2 2024) 38.33%
Effective 2023 Property Tax 0.81%
Total Foreclosure Filings (year-to-date) 13
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Palm Bay, FL 32905 Real Estate Overview

There were 619 residential properties sold in the past year in Palm Bay, FL 32905. The median home value in Palm Bay, FL 32905 is $248,295. There are a total of 9,478 residential properties in the 32905.

Median Sales Price i
$284,500
(Feb 2024)
+9.4%
year-over-year
y-o-y
  • February '24 Feb '24 $284,500
  • January '24 Jan '24 $280,000
  • December '23 Dec '23 $272,950
  • November '23 Nov '23 $243,000
  • October '23 Oct '23 $262,000
  • September '23 Sep '23 $292,150
  • August '23 Aug '23 $255,000
  • July '23 Jul '23 $260,000
  • June '23 Jun '23 $270,000
  • May '23 May '23 $265,000
  • April '23 Apr '23 $273,500
  • March '23 Mar '23 $260,000
Median Down Payment i
$9,150
(Feb 2024)
-63.3%
year-over-year
y-o-y
  • February '24 Feb '24 $9,150
  • January '24 Jan '24 $7,957
  • December '23 Dec '23 $23,750
  • November '23 Nov '23 $70,225
  • October '23 Oct '23 $39,875
  • September '23 Sep '23 $44,150
  • August '23 Aug '23 $7,624
  • July '23 Jul '23 $14,221
  • June '23 Jun '23 $57,500
  • May '23 May '23 $15,519
  • April '23 Apr '23 $26,000
  • March '23 Mar '23 $24,500
Number of Homes Sold i
53
(Feb 2024)
+32.5%
year-over-year
y-o-y
  • February '24 Feb '24 53
  • January '24 Jan '24 34
  • December '23 Dec '23 45
  • November '23 Nov '23 36
  • October '23 Oct '23 41
  • September '23 Sep '23 43
  • August '23 Aug '23 48
  • July '23 Jul '23 51
  • June '23 Jun '23 48
  • May '23 May '23 56
  • April '23 Apr '23 54
  • March '23 Mar '23 70
Number of Purchase Loans i
28
(Feb 2024)
+3.7%
year-over-year
y-o-y
  • February '24 Feb '24 28
  • January '24 Jan '24 18
  • December '23 Dec '23 29
  • November '23 Nov '23 20
  • October '23 Oct '23 17
  • September '23 Sep '23 29
  • August '23 Aug '23 37
  • July '23 Jul '23 23
  • June '23 Jun '23 23
  • May '23 May '23 39
  • April '23 Apr '23 27
  • March '23 Mar '23 42
Number of REFI Loans i
14
(Feb 2024)
+27.3%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 15
  • December '23 Dec '23 20
  • November '23 Nov '23 13
  • October '23 Oct '23 14
  • September '23 Sep '23 9
  • August '23 Aug '23 19
  • July '23 Jul '23 15
  • June '23 Jun '23 24
  • May '23 May '23 19
  • April '23 Apr '23 13
  • March '23 Mar '23 13
Number of HELOC Loans i
6
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 5
  • December '23 Dec '23 7
  • November '23 Nov '23 5
  • October '23 Oct '23 7
  • September '23 Sep '23 6
  • August '23 Aug '23 11
  • July '23 Jul '23 7
  • June '23 Jun '23 11
  • May '23 May '23 9
  • April '23 Apr '23 5
  • March '23 Mar '23 8

Palm Bay, FL 32905 Foreclosure Activity

There were a total of 7 Palm Bay, FL 32905 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
7
(Feb 2024)
+133.3%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 6
  • December '23 Dec '23 9
  • November '23 Nov '23 8
  • October '23 Oct '23 6
  • September '23 Sep '23 7
  • August '23 Aug '23 6
  • July '23 Jul '23 5
  • June '23 Jun '23 4
  • May '23 May '23 16
  • April '23 Apr '23 12
  • March '23 Mar '23 1
Foreclosure Starts i
4
(Feb 2024)
+33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 4
  • December '23 Dec '23 6
  • November '23 Nov '23 5
  • October '23 Oct '23 5
  • September '23 Sep '23 2
  • August '23 Aug '23 6
  • July '23 Jul '23 5
  • June '23 Jun '23 2
  • May '23 May '23 14
  • April '23 Apr '23 12
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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