The median home value in Palm Bay, FL is $301,500. This is lower than the county median home value of $357,500. The national median home value is $338,100. The average price of homes sold in Palm Bay, FL is $301,500. Approximately 70.99% of Palm Bay homes are owned, compared to 19.7% rented, while 9.32% are vacant. Palm Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palm Bay real estate agent to arrange a tour today!
Palm Bay, Florida 32908 has a population of 118,709. Palm Bay 32908 is more family-centric than the surrounding county with 27.91% of the households containing married families with children. The county average for households married with children is 24.34%.
The median household income in Palm Bay, Florida 32908 is $55,963. The median household income for the surrounding county is $63,632 compared to the national median of $69,021. The median age of people living in Palm Bay 32908 is 40.9 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 54 inches per year, with 0 inches of snow per year.