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.
$283,678
-5.3%
Since Jul 2024
Range: $250,408-$317,106
Evaluated June 4, 2025
1 Year
5 Years
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Property Facts
281 Hammock Rd SE, Palm Bay, FL is a single family home that contains 1,480 Sq. Ft. and was built in 1991. It contains 3 bedrooms and 2 bathrooms.
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County:BREVARD
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Year Built:1991
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Living Area:1,480 Sq. Ft.
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Lot Size:10,019 Sq. Ft.
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Zone:-
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Parcel:29-37-18-JR-02673.0-0016.00
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Bedrooms:3
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Bathrooms:2
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Owner:BARRETT, JAMES JOSEPH
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Property History
Tax History
Year
Taxes
Total Assessment
2024
$670 (0%)
$69,080 (+3%)
2023
$670 (+1.21%)
$67,070 (+2.99%)
2022
$662 (+4.09%)
$65,120 (+2.99%)
2021
$636 (-3.05%)
$63,230 (+1.4%)
2020
$656 (+0.92%)
$62,360 (+2.3%)
2019
$650 (-19.75%)
$60,960 (+1.89%)
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Market Trends
Palm Bay
32909
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.
Jun 2024
$333,990
May 2025
$325,000
Change
-2.7%
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.
Jun 2024
111 Days
May 2025
114 Days
Change
+2.7%
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.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (32909)
City (Palm Bay)
Population
30,468
118,709
Population Density
702.9
1,213.7
People Per Household
3
2.8
Median Age
39.6
40.9
Median Household Income
$56,811
$55,963
Average Income
$33,852
$27,695
Economy
ZIP (32909)
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
98.5
96.8
Environment
ZIP (32909)
City (Palm Bay)
Altitude
25
16
Rainfall (Inches Annually)
54.1
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
122
121
Days Mostly Sunny Annually
236
238
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
9-12
0.8 mi
PK-6
1.8 mi
7-8
2.2 mi
2-12
2.9 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
