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Palm Bay, FL 32907 Real Estate & Property Data

Palm Bay, FL 32907 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 1,021 residential properties have been sold over the past 12 months in 32907. With a median sales price of $305,000 in 32907 and a total of 14 foreclosures in Palm Bay, FL 32907. Discover market trends and get the granular level real estate data for Palm Bay, FL 32907 to keep your pulse on the housing market. Curate compelling home reports for Palm Bay, FL 32907 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 19,107

Total Commercial Properties 232

Avg. Home Age (Single Family Home) 30 Years

Avg. Square Feet (Single Family Home) 1,674

Total 2025 Residential Sales (year-to-date) 459

% of Homes Seriously Underwater (Q3 2025) 1.37%

Total 2024 Residential Sales 923

% of Equity Rich Homes (Q3 2025) 39.92%

Effective 2024 Property Tax 0.87%

Total Foreclosure Filings (year-to-date) 83

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Palm Bay, FL 32907 Real Estate Overview

There were 1,021 residential properties sold in the past year in Palm Bay, FL 32907. The median home value in Palm Bay, FL 32907 is $297,314. There are a total of 19,107 residential properties in the 32907.

Median Sales Price i

$305,000

(Jun 2025)

-6.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $305,000
May '25 May '25 $315,500
April '25 Apr '25 $297,000
March '25 Mar '25 $292,000
February '25 Feb '25 $307,500
January '25 Jan '25 $300,000
December '24 Dec '24 $312,450
November '24 Nov '24 $305,000
October '24 Oct '24 $300,000
September '24 Sep '24 $307,000
August '24 Aug '24 $300,000
July '24 Jul '24 $310,000

Median Down Payment i

$10,540

(Jun 2025)

-81.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $10,540
May '25 May '25 $16,450
April '25 Apr '25 $26,191
March '25 Mar '25 $37,500
February '25 Feb '25 $30,531
January '25 Jan '25 $18,700
December '24 Dec '24 $22,411
November '24 Nov '24 $34,577
October '24 Oct '24 $24,361
September '24 Sep '24 $20,819
August '24 Aug '24 $20,500
July '24 Jul '24 $25,000

Number of Homes Sold i

(Jun 2025)

-7.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 82
May '25 May '25 87
April '25 Apr '25 75
March '25 Mar '25 74
February '25 Feb '25 82
January '25 Jan '25 59
December '24 Dec '24 82
November '24 Nov '24 79
October '24 Oct '24 67
September '24 Sep '24 76
August '24 Aug '24 70
July '24 Jul '24 99

Number of Purchase Loans i

(Jun 2025)

-9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 61
May '25 May '25 61
April '25 Apr '25 56
March '25 Mar '25 54
February '25 Feb '25 55
January '25 Jan '25 61
December '24 Dec '24 77
November '24 Nov '24 75
October '24 Oct '24 57
September '24 Sep '24 64
August '24 Aug '24 57
July '24 Jul '24 84

Number of REFI Loans i

(Jun 2025)

+23.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 53
May '25 May '25 46
April '25 Apr '25 62
March '25 Mar '25 49
February '25 Feb '25 43
January '25 Jan '25 54
December '24 Dec '24 50
November '24 Nov '24 44
October '24 Oct '24 48
September '24 Sep '24 46
August '24 Aug '24 53
July '24 Jul '24 46

Number of HELOC Loans i

(Jun 2025)

-23.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 13
May '25 May '25 20
April '25 Apr '25 21
March '25 Mar '25 19
February '25 Feb '25 10
January '25 Jan '25 16
December '24 Dec '24 27
November '24 Nov '24 10
October '24 Oct '24 14
September '24 Sep '24 18
August '24 Aug '24 16
July '24 Jul '24 17

Palm Bay, FL 32907 Real Estate Market Overview

Last 30 days

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Palm Bay, FL 32907 Foreclosure Activity

There were a total of 14 Palm Bay, FL 32907 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 9 Palm Bay, FL 32907 properties and repossessed 1 Palm Bay, FL 32907 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

+133.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years