Homes, values and local insight for Palm Bay, Brevard County, Florida. Typical home value $304,000.
Reviewed and updated October 3, 2026 by Ryan and Megan Winslow, Winslow Homes
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Palm Bay is the most populous city in Brevard County and the largest by land area, with 119,760 residents at the 2020 census. It is home to a major L3Harris Technologies campus on Palm Bay Road. Locals know it for Turkey Creek, the Indian River waterfront, and freshwater fishing and trails on the west side of town.
The Ais people lived at the mouth of Turkey Creek long before John Tillman settled there in the late 1870s and ran a steamboat wharf. The settlement was renamed Palm Bay in the 1920s. In 1959 General Development Corporation platted the huge Port Malabar project, and the city incorporated on January 16, 1960. Palm Bay is a large, spread-out city of single-family homes split into four quadrants, with the busiest, most urban area in the Northeast and rural land in the Southwest. Daily life runs along Malabar Road, Palm Bay Road and Babcock Street, with quick I-95 access to the rest of the Space Coast.
The historic riverfront section at the mouth of Turkey Creek along US 1 and the Indian River. It is the most urban part of the city, close to the Turkey Creek Sanctuary, riverfront restaurants and the L3Harris campus. ( source )
The large residential plat that General Development Corporation laid out starting in 1959. It covers much of the city's grid of single-family streets and gives its name to Port Malabar Boulevard and Port Malabar Elementary. ( source )
A planned community built starting in 1999 in the southwest part of the city, east of The Compound. Bayside High School serves the area. ( source )
The most rural quadrant of the city, with larger undeveloped tracts and many unpaved roads west of DeGroodt Road. Buyers find space and lower density here, with longer drives to shopping. ( source )
An equestrian community known for rural living and wildlife, built on a former citrus grove and completed in 1983. It sits outside city limits but uses a Palm Bay 32909 mailing address. ( source )
Family-owned since May 8, 1987, serving homestyle breakfast and lunch through three generations. ( source )
American pub fare · Palm Bay Rd NEA locals' lunch and dinner spot since 1981 with a Friday fish fry and live bands every Friday and Saturday. ( source )
Seafood and steaks · 4845 Dixie Hwy NEA Palm Bay landmark on the Indian River since the 1950s, with a Sunday prime rib night and seating inside and out. ( source )
Seafood and sushi · Dixie Hwy NEWaterfront dining on the Indian River with a tiki bar, tropical drinks and live music. ( source )
Farm-to-table Southern breakfast and lunch · Palm BayA seasonal menu that changes as local ingredients peak, with Southern comfort classics done bistro style. ( source )
BBQ and sports bar · Babcock StA 7,300 square foot beer-themed sports bar known for its smoked barbecue and Wednesday rib special. ( source )
Casual grill · Palm BaySurf-themed local chain serving fish, burgers and craft beer, with a Palm Bay location. ( source )
American, comfort food · 905 US Hwy 1, MalabarNext door in Malabar on US 1, known for comfort food with a flair and water views. ( source )
Open since 1990 on Malabar Rd NE, with local bands every weekend, burgers, wings, darts, billiards and cornhole. ( source )
Bowling center on Dairy Rd with automatic scoring, bumpers, an arcade and a bar and grill. ( source )
Full-service marina on Turkey Creek. Paddlers can go from the marina to the sanctuary and back in about three hours, watching for manatees and alligators. ( source )
The city pool, which hosts open swims and seasonal events like the fall Pumpkin Plunge for kids. ( source )
An 18-hole course of open and wooded holes on flat ground, next to the Ted Whitlock Community Center off Malabar Road. ( source )
Old Florida cracker-style outdoor store with a 16,000-gallon aquarium, fish and gator feedings, and boats, swamp buggies and ATVs on display. ( source )
Family u-pick flower farm in NW Palm Bay whose farm store sells chicken and duck eggs, honey, seasonal produce and fresh ground peanut butter. No admission needed to shop. ( source )
A 750,000 square foot open-air center at I-95 and Palm Bay Road with a movie theater, restaurants and many stores. ( source )
Regional mall open since 1982 with more than 125 national and local retailers plus dining and events. ( source )
Walkable downtown with independent shops like The Irish Shop and Indian River Soap, about 20 places to eat, and free monthly events. ( source )
A nature reserve with boardwalk trails along a blackwater creek, sand pine ridge and hammock habitat, and the Margaret Hames Nature Center. Watch for manatees, turtles and migrating birds. ( source )
in townThe city's largest park at 200 acres, with soccer fields, lakes for fishing, a disc golf course, grills and the 18,000 square foot Ted Whitlock Community Center. ( source )
west Palm BayOff-the-beaten-path fishing, canoeing, kayaking and a dirt trail for walking or biking, connected to the Thomas O. Lawton Recreation Area. ( source )
next door in MalabarA 577-acre Brevard County Environmentally Endangered Lands preserve with trails through scrub habitat home to gopher tortoises and scrub jays. ( source )
south on A1A, Melbourne BeachNearest state park beach, famous for the surf breaks First Peak and Monster Hole, jetty fishing, sea turtle nesting and the McLarty Treasure Museum. ( source )
south of Palm Bay in FellsmereOpen longleaf pine forest with more than 60 miles of multi-use trails for hiking, biking and horseback riding, plus paddling on the St. Sebastian River. ( source )
south of Palm Bay near SebastianThe nation's first national wildlife refuge, established by Theodore Roosevelt in 1903, with loop trails and an observation tower over the Indian River Lagoon. ( source )
Seasonal u-pick sunflower and wildflower farm in NW Palm Bay with animal viewing, a fish pond, a fall crop maze and pumpkin patch. ( source )
Candy-themed indoor playground with a two-story candy maze, carousel, ball pits and a ninja course. Online booking required. ( source )
A 2.5-mile BMX and mountain bike trail network in rural SW Palm Bay, kept up by the Brevard Mountain Biking Association. Intermediate to advanced riding with jumps and step-ups. ( source )
Community-built zoo with more than 500 animals where you can kayak through the Expedition Africa habitat past giraffes and zebras. ( source )
Museum on the 1715 Spanish treasure fleet shipwreck, inside Sebastian Inlet State Park. ( source )
Free city festival at Fred Poppe Regional Park with world music, dance, food trucks, a kids' zone and an art show at the Ted Whitlock Community Center. ( source )
MayCity-run trail race through Turkey Creek Sanctuary that supports the sanctuary's preservation. ( source )
July 4Free evening event at the Eastern Florida State College Palm Bay campus with live music, food trucks, a kids' zone and fireworks. ( source )
OctoberA Ghosts and Giggles zone for young kids and a Trail of Terror for ages 10 and up in the sanctuary. ( source )
Early DecemberA 3-mile night parade of lighted floats and marching bands from the EFSC Palm Bay campus along Malabar Road to City Hall. ( source )
Columbia Elementary, Discovery Elementary, Jupiter Elementary, Lockmar Elementary, McAuliffe Elementary, Palm Bay Elementary, Port Malabar Elementary, Riviera Elementary, Sunrise Elementary, Turner Elementary, Westside Elementary
MiddleSouthwest Middle
HighBayside High, Heritage High
Listed for reference, not ranked. Confirm school zoning for any address with the district. ( source )
I-95 (exits at St. Johns Heritage Parkway, Malabar Road and Palm Bay Road), US 1, Babcock Street (SR 507), Malabar Road (CR 514), Palm Bay Road (CR 516), Minton Road (CR 509) and the St. Johns Heritage Parkway
AirportsMelbourne Orlando International Airport (MLB) is about 6 miles away. Orlando International (MCO) is about 66 miles and Orlando Sanford (SFB) about 79 miles.
Melbourne Orlando International Airport: about 6 miles Orlando International Airport: about 66 miles Orlando Sanford International Airport: about 79 milesRyan and Megan Winslow, broker owners of Winslow Homes. REALTOR® since 2009, 3,000+ homes sold, broker in FL, MA, CT and RI, U.S. Army Retired.
Call 386-690-5858 Email Ryan and Megan Get pre-approvedResearched and verified 2026-09-28. Businesses change; call ahead.
The typical home in Palm Bay is worth $304,000, 11% below the Brevard County typical value of $342,000 and 19% below the Florida typical value of $375,000.
Zillow Home Value Index for Palm Bay, August 2026. The middle of the market for single family homes and condos.
Home values in Palm Bay moved +16.7% over five years and +97.7% over ten.
Median gross rent in Palm Bay. Useful for investors running rental numbers.
Share of occupied homes in Palm Bay lived in by the owner.
A newer housing stock means fewer surprises at inspection.
Median household income in Palm Bay.
Ryan and Megan are mortgage bankers with The Federal Savings Bank, lending in all 50 states. You get the home and the loan from one team. On a typical Palm Bay home of $304,000:
Ryan and Megan price Palm Bay homes from recent sales, not guesses. Send your address and you get a free market analysis, with no obligation.
Typical value $538,000 · 3,175 residents
Area guide →Typical value $543,000 · 5,730 residents
Area guide →Typical value $371,000 · 31,378 residents
Area guide →Typical value $429,000 · 683 residents
Area guide →Typical value $617,000 · 3,273 residents
Area guide →Typical value $357,000 · 87,561 residents
Area guide →See the full Brevard County real estate guide or the Florida real estate guide.
The Zillow Home Value Index for Palm Bay was $304,000 in August 2026, -1.7% over the past year.
Palm Bay is in Brevard County, Florida.
About 142,023 people as of the 2024 Census Bureau estimate, up from 119,751 in 2020.
Ryan and Megan Winslow of Winslow Homes have sold over 3,000 homes since 2009 and are licensed in Florida, Massachusetts, Connecticut and Rhode Island. Call or text 386-690-5858.
Apply at www.winslowloan.com. Ryan and Megan are mortgage bankers with The Federal Savings Bank and lend in all 50 states, including FHA, VA and conventional loans.
79% of occupied homes in Palm Bay are owner occupied, based on the 2019 to 2023 American Community Survey.
17 years, over 3,000 homes sold, and one team for the home and the loan. Call or text 386-690-5858.
Sources: U.S. Census Bureau 2024 population estimates and 2019 to 2023 American Community Survey; Zillow Home Value Index, August 2026. Numbers update as new data is released. Talk to Ryan and Megan for current sold prices on your street.
No in-person meeting or phone call needed for most addresses. See your estimated value, price range and value trend in seconds.
Get coming-soon homes, pocket listings and price drops in Palm Bay, FL before they hit the big home search sites.
The typical home in Palm Bay is worth $317,453 as of August 2026, across 4 ZIP codes ranging from $235,039 in 32905 to $318,029 in 32908. Values moved -1.7% over the last 12 months at the middle ZIP code.
| ZIP | Typical value | 12 months | 5 years | Median sale, Mar to May 2026 | Days on market |
|---|---|---|---|---|---|
| 32905 | $235,039 | -4.4% | +13.5% | $262,000 | 64 |
| 32907 | $302,787 | -1.7% | +15.1% | $325,000 | 75 |
| 32908 | $318,029 | -1.6% | +19.1% | ||
| 32909 | $317,453 | -1.8% | +16.9% | $325,000 | 83 |
Sources: Zillow Home Value Index through August 2026 and the Redfin Data Center ZIP code tracker, March to May 2026. Ask Ryan and Megan for a value for your own home.
