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Palm Bay, FL 32905 Real Estate & Property Data

Palm Bay, FL 32905 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 627 residential properties have been sold over the past 12 months in 32905. With a median sales price of $294,100 in 32905 and a total of 6 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.

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Total Residential Properties 9,550

Total Commercial Properties 484

Avg. Home Age (Single Family Home) 45 Years

Avg. Square Feet (Single Family Home) 1,489

Total 2025 Residential Sales (year-to-date) 97

% of Homes Seriously Underwater (Q2 2025) 0.72%

Total 2024 Residential Sales 563

% of Equity Rich Homes (Q2 2025) 36.12%

Effective 2024 Property Tax 0.86%

Total Foreclosure Filings (year-to-date) 7

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Palm Bay, FL 32905 Real Estate Overview

There were 627 residential properties sold in the past year in Palm Bay, FL 32905. The median home value in Palm Bay, FL 32905 is $254,676. There are a total of 9,550 residential properties in the 32905.

Median Sales Price i

$294,100

(Feb 2025)

-0.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $294,100
January '25 Jan '25 $275,000
December '24 Dec '24 $280,200
November '24 Nov '24 $294,000
October '24 Oct '24 $349,900
September '24 Sep '24 $309,950
August '24 Aug '24 $302,000
July '24 Jul '24 $290,000
June '24 Jun '24 $262,598
May '24 May '24 $260,000
April '24 Apr '24 $288,500
March '24 Mar '24 $297,500

Median Down Payment i

$17,000

(Feb 2025)

-42.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $17,000
January '25 Jan '25 $26,575
December '24 Dec '24 $23,500
November '24 Nov '24 $11,410
October '24 Oct '24 $31,773
September '24 Sep '24 $50,000
August '24 Aug '24 $44,100
July '24 Jul '24 $71,000
June '24 Jun '24 $16,040
May '24 May '24 $39,250
April '24 Apr '24 $26,000
March '24 Mar '24 $18,000

Number of Homes Sold i

(Feb 2025)

-9.6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 47
January '25 Jan '25 50
December '24 Dec '24 45
November '24 Nov '24 31
October '24 Oct '24 28
September '24 Sep '24 44
August '24 Aug '24 65
July '24 Jul '24 69
June '24 Jun '24 44
May '24 May '24 46
April '24 Apr '24 62
March '24 Mar '24 44

Number of Purchase Loans i

(Feb 2025)

-14.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 23
January '25 Jan '25 31
December '24 Dec '24 32
November '24 Nov '24 16
October '24 Oct '24 19
September '24 Sep '24 19
August '24 Aug '24 34
July '24 Jul '24 31
June '24 Jun '24 25
May '24 May '24 26
April '24 Apr '24 32
March '24 Mar '24 25

Number of REFI Loans i

(Feb 2025)

+42.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 20
January '25 Jan '25 18
December '24 Dec '24 18
November '24 Nov '24 18
October '24 Oct '24 16
September '24 Sep '24 25
August '24 Aug '24 17
July '24 Jul '24 13
June '24 Jun '24 14
May '24 May '24 20
April '24 Apr '24 17
March '24 Mar '24 16

Number of HELOC Loans i

(Feb 2025)

-16.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 5
January '25 Jan '25 4
December '24 Dec '24 8
November '24 Nov '24 5
October '24 Oct '24 9
September '24 Sep '24 6
August '24 Aug '24 8
July '24 Jul '24 5
June '24 Jun '24 7
May '24 May '24 3
April '24 Apr '24 9
March '24 Mar '24 6

Palm Bay, FL 32905 Real Estate Market Overview

Last 30 days

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Palm Bay, FL 32905 Foreclosure Activity

There were a total of 6 Palm Bay, FL 32905 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 4 Palm Bay, FL 32905 properties and repossessed 1 Palm Bay, FL 32905 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

-14.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years