Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$279,075
-0.4%
Since Aug 2024
Range: $243,527-$317,047
Evaluated June 25, 2025
1 Year
5 Years
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Property Facts
2525 Spence Dr NE, Palm Bay, FL is a single family home that contains 1,125 Sq. Ft. and was built in 1960. It contains 3 bedrooms and 2 bathrooms. This home last sold for $270,000 on 1/9/2024.
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County:BREVARD
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Year Built:1960
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Living Area:1,125 Sq. Ft.
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Lot Size:9,583 Sq. Ft.
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Zone:-
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Parcel:28-37-11-76-0000F.0-0006.00
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Bedrooms:3
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Bathrooms:2
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Owner:BROOKS, ESTHER FAYE (TRUSTEE)
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Property History
Price History
Date
Event
Price
Source
1/9/2024
Sold
$270,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$2,991 (0%)
$201,610 (+346.53%)
2023
$2,991 (+897%)
$45,150 (+2.99%)
2022
$300 (-12.79%)
$43,840 (+2.98%)
2021
$344 (+2.69%)
$42,570 (+1.38%)
2020
$335 (+3.72%)
$41,990 (+2.29%)
2019
$323 (-30.69%)
$41,050 (+1.89%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
2525 Spence Dr NE
Palm Bay, FL 32905
This Property
-
3 Bed
2 Bath
1,125 Sq. Ft.
1960 Year Built
1
2279 Washington Street
Palm Bay, FL 32905
$178,000
4 Bed
0 Bath
1,149 Sq. Ft.
2006 Year Built
2
2566 NE Spence Drive
Palm Bay, FL 32905
$284,250
3 Bed
0 Bath
1,100 Sq. Ft.
1952 Year Built
3
2525 Spence Drive
Palm Bay, FL 32905
$270,000
3 Bed
0 Bath
1,437 Sq. Ft.
1960 Year Built
4
2550 Vernon Drive
Palm Bay, FL 32905
$235,000
3 Bed
0 Bath
1,140 Sq. Ft.
1957 Year Built
5
905 Poplar Lane
Melbourne, FL 32901
$231,500
4 Bed
0 Bath
1,161 Sq. Ft.
1970 Year Built
6
2560 Clinton Drive
Palm Bay, FL 32905
$299,900
3 Bed
0 Bath
1,293 Sq. Ft.
1960 Year Built
7
2524 Spence Drive
Palm Bay, FL 32905
$204,000
2 Bed
0 Bath
1,054 Sq. Ft.
1952 Year Built
8
3312 Plummer Circle
Melbourne, FL 32901
$210,000
3 Bed
2 Bath
1,440 Sq. Ft.
1967 Year Built
9
912 S South Fork Circle
Melbourne, FL 32901
$323,000
2 Bed
0 Bath
1,430 Sq. Ft.
1988 Year Built
10
906 S South Fork Circle
Melbourne, FL 32901
$212,000
2 Bed
0 Bath
1,095 Sq. Ft.
1988 Year Built
Sales in a non-disclosure state
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Market Trends
Palm Bay
32905
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Jul 2024
$334,450
Jun 2025
$325,000
Change
-2.8%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jul 2024
110 Days
Jun 2025
117 Days
Change
+6.4%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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2 Years
5 Years
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Area Statistics
People
ZIP (32905)
City (Palm Bay)
Population
23,848
118,709
Population Density
2,510.3
1,213.7
People Per Household
2.4
2.8
Median Age
41.6
40.9
Median Household Income
$48,299
$55,963
Average Income
$24,045
$27,695
Economy
ZIP (32905)
City (Palm Bay)
Unemployment
2.40%
2.70%
Recent Job Growth
2.04%
2.04%
Future Job Growth
50.62%
50.17%
Sales Tax
7.00%
7.00%
Income Tax
0.00%
0.00%
Cost of Living Index
90.2
96.8
Environment
ZIP (32905)
City (Palm Bay)
Altitude
20
16
Rainfall (Inches Annually)
54
54
Snowfall (Inches Annually)
0
0
January Avg. Low Temp
49.3
49.3
July Avg. High Temp
90.7
90.7
Days of Precipitation Annually
121
121
Days Mostly Sunny Annually
236
238
Comfort Index (During Hot Weather)
6
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
7-8
0.5 mi
9-12
1.6 mi
PK-6
2.2 mi
1-12
0.5 mi
9-12
1.6 mi
K-7
2.9 mi
K-6
3 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
