Housing in Palm Bay, Florida
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| Median Home Age | 20.8 | 35.1 |
| Median Home Cost | $73,800 | $153,800 |
| Home Appreciation | 2.00% | 1.62% |
| Homes Owned | 64.94% | 57.69% |
| Housing Vacant | 12.69% | 11.38% |
| Homes Rented | 22.37% | 30.93% |
| Property Tax Rate | $11.04 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 1.44% | 2.72% |
| $20,000 to $39,999 | 2.76% | 4.03% |
| $40,000 to $59,999 | 9.51% | 5.58% |
| $60,000 to $79,999 | 17.46% | 7.09% |
| $80,000 to $99,999 | 24.10% | 8.80% |
| $100,000 to $149,999 | 34.69% | 21.26% |
| $150,000 to $199,999 | 7.56% | 14.87% |
| $200,000 to $299,999 | 2.20% | 16.82% |
| $300,000 to $399,999 | 0.14% | 7.83% |
| $400,000 to $499,999 | 0.09% | 4.04% |
| $500,000 to $749,999 | 0.03% | 4.05% |
| $750,000 to $999,999 | 0.00% | 1.26% |
| $1,000,000 or more | 0.01% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 27.48% | 13.71% |
| 1995 to 1998 | 19.33% | 14.31% |
| 1990 to 1994 | 19.33% | 14.31% |
| 1980 to 1989 | 36.23% | 13.87% |
| 1970 to 1979 | 11.01% | 16.17% |
| 1960 to 1969 | 4.28% | 11.70% |
| 1950 to 1959 | 1.21% | 11.08% |
| 1940 to 1949 | 0.37% | 6.02% |
| 1939 or Earlier | 0.10% | 13.15% |
The median home value in Palm Bay, FL, is $73,800. Home appreciation is 2.00% over the last year. The median age of Palm Bay, FL, real estate is 21 years.
Palm Bay, FL Apartments and Rentals
Renters make up 22.37% of the Palm Bay, FL, population. 12.69% of houses and apartments in Palm Bay, FL, are unoccupied (vacancy rate).
Palm Bay Housing SperlingViews
Home depreciation: This is a beautiful place to live. I love it here. However, we are in the mortgage industry, and due to the sharp decline in home values, we are finding it increasingly... (read more)Great place to live: this is a great place to live and raise your... (read more)Housing Prices: If housing prices are important to you, DO NOT MOVE HERE! Housing is extremely expensive, with no end in... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
