Area data
Palm bay, FL — ZIP 32908
Population: 16,535 (Census ACS)
Home values & appreciation
- Median home value
- $320,296
- 1-year appreciation
- -2.0%
- 3-year appreciation
- -4.7%
- 5-year appreciation
- +22.0%
- 10-year appreciation
- +102.9%
- All-time peak (2022-09)
- $345,986
- House Price Index
- 542.2 (-2.6% YoY)
Market activity
- Median sale price
- $330,000
- Median list price
- $343,990
- Median days on market
- 96 days
- Sale-to-list ratio
- 98.6%
- Active listings
- 245
- 1-year forecast
- -0.1%
- Days to pending
- 66 days
- New listings (monthly)
- 30
Rents
- Typical rent
- $2,089/mo
- 1-year rent change
- +3.5%
- 1BR fair-market rent
- $1,750/mo
- 3BR fair-market rent
- $2,750/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
- 3
- Elementary schools
- 2
- Middle schools
- 0
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- hurricane, lightning, inlandFlooding, strongWind, tornado
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 73.0°F
- Average high
- 83.0°F
- Average low
- 63.0°F
- Annual precipitation
- 53.3 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 43
- Days with Good air quality
- 279
Walkability & transit
- Walkability index
- 6.3 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Canaveral National Seashore (58 mi)
- Nearest airport
- Valkaria Airport (9 mi)
- Nearest major airport
- Melbourne Orlando International Airport (MLB) (11 mi)
- Hospitals nearby (~15 mi)
- 5
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Good (4.9 kWh/m²/day)
Migration
- Net migration
- +6,872 tax filers
Housing stock
- Median year housing built
- 2,003
- Median annual property tax
- $1,825
- Mean commute to work
- 24 min
- Households with broadband internet
- 86.5%
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 →