Area data
Palm bay, FL — ZIP 32907
Population: 49,080 (Census ACS)
Home values & appreciation
- Median home value
- $304,197
- 1-year appreciation
- -2.2%
- 3-year appreciation
- -6.8%
- 5-year appreciation
- +17.4%
- 10-year appreciation
- +96.5%
- All-time peak (2022-09)
- $336,741
- House Price Index
- 542.2 (-2.6% YoY)
Market activity
- Median sale price
- $325,000
- Median list price
- $340,900
- Median days on market
- 75 days
- Sale-to-list ratio
- 97.8%
- Active listings
- 323
- 1-year forecast
- -0.2%
- Days to pending
- 67 days
- New listings (monthly)
- 79
Rents
- Typical rent
- $2,139/mo
- 1-year rent change
- +4.3%
- 1BR fair-market rent
- $1,670/mo
- 3BR fair-market rent
- $2,630/mo
Affordability
- Cost of living index (Above Average)
- 101.0 (100 = US avg)
- Electricity rate (state-level)
- 15.2¢/kWh
- Natural gas rate (state-level)
- $25.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 6
- Elementary schools
- 4
- Middle schools
- 0
- High schools
- 1
- Charter schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- hurricane, lightning, inlandFlooding, strongWind, tornado
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 54.0 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 43
- Days with Good air quality
- 279
Walkability & transit
- Walkability index
- 12.8 / 20
- Transit service frequency
- 628
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Canaveral National Seashore (53 mi)
- Nearest airport
- Melbourne Orlando International Airport (MLB) (6 mi)
- Nearest major airport
- Melbourne Orlando International Airport (MLB) (6 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 4.0 / 5
- EV charging stations (within 10 mi)
- 72
- Solar radiation rating
- Good (4.9 kWh/m²/day)
Migration
- Net migration
- +6,872 tax filers
Housing stock
- Median year housing built
- 1,992
- Median annual property tax
- $1,654
- Mean commute to work
- 25 min
- Households with broadband internet
- 81.0%
Employment & development
- Total county employment
- 210,348
- Average weekly wage
- $1,250
- Top industries (by employment)
- Health Care, Accommodation & Food, Professional Services
- Annual residential building permits (county)
- 3,754
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →