Palm Bay, FL 32907 Real Estate & Property Data

Palm Bay, FL 32907 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 945 residential properties have been sold over the past 12 months in 32907. With a median sales price of $307,500 in 32907 and a total of 20 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.

Palm Bay, FL 32907 Real Estate Market Trends
Total Residential Properties 19,047
Total Commercial Properties 229
Avg. Home Age (Single Family Home) 30 Years
Avg. Square Feet (Single Family Home) 1,674
Total 2025 Residential Sales (year-to-date) 121
% of Homes Seriously Underwater (Q2 2025) 1.05%
Total 2024 Residential Sales 884
% of Equity Rich Homes (Q2 2025) 41.33%
Effective 2024 Property Tax 0.87%
Total Foreclosure Filings (year-to-date) 25
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Palm Bay, FL 32907 Real Estate Overview

There were 945 residential properties sold in the past year in Palm Bay, FL 32907. The median home value in Palm Bay, FL 32907 is $303,031. There are a total of 19,047 residential properties in the 32907.

Median Sales Price i
$307,500
(Feb 2025)
-1.1%
year-over-year
y-o-y
  • 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 $301,450
  • July '24 Jul '24 $310,000
  • June '24 Jun '24 $327,000
  • May '24 May '24 $321,000
  • April '24 Apr '24 $329,450
  • March '24 Mar '24 $320,000
Median Down Payment i
$30,531
(Feb 2025)
+12.2%
year-over-year
y-o-y
  • 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 $19,937
  • July '24 Jul '24 $25,000
  • June '24 Jun '24 $55,990
  • May '24 May '24 $27,500
  • April '24 Apr '24 $22,500
  • March '24 Mar '24 $17,760
Number of Homes Sold i
67
(Feb 2025)
+6.3%
year-over-year
y-o-y
  • February '25 Feb '25 67
  • January '25 Jan '25 54
  • December '24 Dec '24 66
  • November '24 Nov '24 64
  • October '24 Oct '24 66
  • September '24 Sep '24 76
  • August '24 Aug '24 66
  • July '24 Jul '24 99
  • June '24 Jun '24 88
  • May '24 May '24 108
  • April '24 Apr '24 59
  • March '24 Mar '24 69
Number of Purchase Loans i
47
(Feb 2025)
-13%
year-over-year
y-o-y
  • February '25 Feb '25 47
  • January '25 Jan '25 56
  • December '24 Dec '24 61
  • November '24 Nov '24 59
  • October '24 Oct '24 57
  • September '24 Sep '24 64
  • August '24 Aug '24 54
  • July '24 Jul '24 84
  • June '24 Jun '24 67
  • May '24 May '24 78
  • April '24 Apr '24 49
  • March '24 Mar '24 49
Number of REFI Loans i
42
(Feb 2025)
-17.6%
year-over-year
y-o-y
  • February '25 Feb '25 42
  • 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
  • June '24 Jun '24 43
  • May '24 May '24 36
  • April '24 Apr '24 57
  • March '24 Mar '24 51
Number of HELOC Loans i
10
(Feb 2025)
-50%
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 16
  • December '24 Dec '24 26
  • 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
  • June '24 Jun '24 17
  • May '24 May '24 17
  • April '24 Apr '24 20
  • March '24 Mar '24 23

Palm Bay, FL 32907 Foreclosure Activity

There were a total of 20 Palm Bay, FL 32907 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 12 Palm Bay, FL 32907 properties and repossessed 2 Palm Bay, FL 32907 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
20
(Feb 2025)
+5.3%
year-over-year
y-o-y
  • February '25 Feb '25 20
  • January '25 Jan '25 5
  • December '24 Dec '24 9
  • November '24 Nov '24 4
  • October '24 Oct '24 8
  • September '24 Sep '24 12
  • August '24 Aug '24 8
  • July '24 Jul '24 13
  • June '24 Jun '24 6
  • May '24 May '24 14
  • April '24 Apr '24 11
  • March '24 Mar '24 14
Foreclosure Starts i
12
(Feb 2025)
-25%
year-over-year
y-o-y
  • February '25 Feb '25 12
  • January '25 Jan '25 4
  • December '24 Dec '24 3
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 9
  • August '24 Aug '24 7
  • July '24 Jul '24 8
  • June '24 Jun '24 5
  • May '24 May '24 12
  • April '24 Apr '24 7
  • March '24 Mar '24 11
Completed Foreclosures (REOs) i
2
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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