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FL area data

Palm Bay, FL

Aggregated across 4 ZIP codes in Palm Bay.

Population: 132,211 (Census ACS)

The typical home value in Palm Bay, FL is $293,327 — down 2.4% over the past year. Homes sell for a median $318,981 after a median 74 days on market. Typical rent runs $1,933/month. 20 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with hurricane, lightning, inland flooding the top-rated hazards. Cost of living is 3.4% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$293,327

Typical home value

-2.4%

1-year change

74

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Typical home value
$293,327
1-year appreciation
-2.4%
3-year appreciation
-7.3%
5-year appreciation
+16.1%
10-year appreciation
+98.4%
Peak value since 2000 (Mar 2024)
$323,323
House Price Index (state)
552.0 (+0.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$318,981
Median list price
$323,239
Median price per sqft
$186
1-year sale-price change
+4.5%
Median days on market
74 days
Homes sold (recent period)
891
For-sale inventory
923
Sale-to-list ratio
98.0%
Active listings
1,219
1-year forecast
-0.5%
Days to pending
74 days
New listings (monthly)
222

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,933/mo
1-year rent change
+2.0%
Studio fair-market rent
$1,327/mo
1BR fair-market rent
$1,525/mo
2BR fair-market rent
$1,779/mo
3BR fair-market rent
$2,382/mo
4BR fair-market rent
$2,707/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
103.4 (100 = US avg)
Electricity rate (state-level)
15.2¢/kWh
Natural gas rate (state-level)
$25.50/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
20
Elementary schools
15
Middle schools
1
High schools
2
Charter schools
6
Avg student-teacher ratio
16.7 : 1
Schools include
PALM BAY ELEMENTARY SCHOOL, RIVIERA ELEMENTARY SCHOOL, PALM BAY ACADEMY CHARTER SCHOOL, PORT MALABAR ELEMENTARY SCHOOL, LOCKMAR ELEMENTARY SCHOOL

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
hurricane, lightning, inland flooding, strong wind, tornado
Notable hazard ratings (county)
hurricane: Very High · lightning: Very High · tornado: Relatively High · strong wind: Relatively High · inland flooding: Relatively High · heat wave: Relatively Moderate
Most common flood zone among NFIP claims (varies by location)
Zone X
NFIP flood claims on record
388
Wildfire risk to homes (county)
Higher than 98% of US counties
Buildings in wildfire direct-exposure zone
24.1%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Harris Corp. (Palm Bay Plant) (0.1 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
73.7°F
Average high
82.7°F
Average low
64.3°F
Annual precipitation
56.1 in
USDA plant hardiness zone
10a (extreme annual low 30 to 35°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
38
Days with Good air quality
333
Days with Moderate air quality
32
Highest AQI recorded (year)
80

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
10.0 / 20
Transit service frequency
-49,593
Jobs reachable by car (30 min)
15,250
Jobs reachable by transit (45 min)
18,414

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Canaveral National Seashore (53 mi)
Airports within 30 mi
22
Nearest airport
Valkaria Airport (5 mi)
Nearest major airport
Melbourne Orlando International Airport (MLB) (6 mi)
Hospitals in or near a typical ZIP here
13
Hospitals include
HOLMES REGIONAL MEDICAL CENTER, CIRCLES OF CARE, INC, PARRISH MEDICAL CENTER
Avg hospital rating (CMS)
3.2 / 5
Best hospital rating nearby (CMS)
4.5 / 5
EV charging stations (within 10 mi)
42
Solar radiation rating
Good (4.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+6,872 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1995
Housing built before 1970
4.4%
Housing built 2000 or later
42.6%
Median annual property tax
$1,718
Mean commute to work
24 min
Households with broadband internet
82.2%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
214,525
Average weekly wage
$1,362
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
4,624

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Palm BayState medianUS median
Typical home value$293,327$343,854$288,527
Median sale price$318,981$359,990$325,000
Median days on market74 days72 days51 days
Typical rent$1,933/mo$2,085/mo$1,809/mo
Median annual property tax$1,718$2,388$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Palm Bay, FL?
$293,327.
What is the median sale price in Palm Bay, FL?
$318,981.
How long do homes take to sell in Palm Bay, FL?
Median days on market: 74 days.
What is typical rent in Palm Bay, FL?
Typical rent: $1,933/month.
What is the natural-hazard risk in Palm Bay, FL?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: hurricane, lightning, inland flooding, strong wind, tornado.
Is Palm Bay, FL in a flood zone?
Flood zones vary by property across the city. 388 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is X. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Palm Bay, FL?
Risk to homes is higher than 98% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Palm Bay, FL?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Palm Bay, FL?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Harris Corp. (Palm Bay Plant), 0.1 mi.
How many schools serve Palm Bay, FL?
20 schools (15 elementary, 1 middle, 2 high) (NCES, 2024-25).
Is Palm Bay, FL walkable?
Walkability index: 10.0/20 (EPA Smart Location Database).
What is the air quality in Palm Bay, FL?
Good. Median AQI: 38. (EPA AQI).
What is the cost of living in Palm Bay, FL?
Regional Price Parity: 103.4 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP codes in Palm Bay

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents