Home / Select Cities  /  2024 Comparing Palm Bay, FL vs. New Smyrna Beach, FL

2024 Compare Cities Housing:
Palm Bay, FL vs New Smyrna Beach, FL

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Highlights
- The median age of a home in Palm Bay is 9.7% younger than the median age of a home in New Smyrna Beach.

Housing
 Palm Bay, FLNew Smyrna Beach, FLUnited States
 Median Home Age313442
 Median Home Cost$301,500$446,300$338,100
 Home Appr. Last 12 months26.8%25.7%16.6%
 Home Appr. Last 5 yrs.85.7%79.3%57.0%
 Home Appr. Last 10 yrs.211.6%146.5%101.1%
 Property Tax Rate$6.8$9.0$11.0
 Homes Owned71.0%55.2%57.4%
 Housing Vacant9.3%30.3%11.2%
 Homes Rented19.7%14.5%31.4%
 space
 Avg Rent For Home Or Apartment
 Palm Bay, FLNew Smyrna Beach, FLUnited States
 Average Rent$1,860$1,900$1,840
 Studio Apartment$990$970$1,080
 1 Bedroom Home or Apartment$1,170$1,190$1,180
 2 Bedroom Home or Apartment$1,420$1,460$1,430
 3 Bedroom Home or Apartment$1,890$1,930$1,860
 4 Bedroom Home or Apartment$2,240$1,990$2,160
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 Vacant Housing
 Palm Bay, FLNew Smyrna Beach, FLUnited States
 Vacant For Rent1.1%3.1%1.9%
 Vacant Rented0.4%0.3%0.4%
 Vacant For Sale0.6%0.9%0.7%
 Vacant Sold0.5%0.5%0.4%
 Vacant Vacation4.5%22.9%3.6%
 Vacant Other2.3%2.6%4.1%
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 Owner-Occupied Housing Value
 Palm Bay, FLNew Smyrna Beach, FLUnited States
 Less Than $20,0002.5%2.3%2.6%
 $20,000 to $39,9990.8%1.5%2.4%
 $40,000 to $59,9991.7%0.9%2.8%
 $60,000 to $79,9992.8%0.8%3.9%
 $80,000 to $99,9995.2%1.9%4.5%
 $100,000 to $149,99915.3%5.8%11.3%
 $150,000 to $199,99930.0%13.2%13.0%
 $200,000 to $299,99931.5%28.9%20.1%
 $300,000 to $399,9997.6%16.9%13.6%
 $400,000 to $499,9991.5%10.9%8.3%
 $500,000 to $749,9990.4%9.2%9.7%
 $750,000 to $999,9990.5%3.5%3.9%
 $1,000,000 to $1,499,9990.1%1.8%2.2%
 $1,500,000 to $1,999,9990.0%1.4%0.8%
 $2,000,000 and over0.1%1.0%1.1%
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 Housing Units By Year Built
 Palm Bay, FLNew Smyrna Beach, FLUnited States
 2015 and Newer0.2%0.5%0.2%
 2010 to 201426.6%20.9%13.6%
 2000 to 200926.6%20.9%13.6%
 1990 to 199917.9%12.0%13.6%
 1980 to 198933.6%20.1%13.2%
 1970 to 197911.4%15.7%14.8%
 1960 to 196917.9%12.0%13.6%
 1950 to 19591.0%10.5%10.0%
 1940 to 19490.3%1.6%4.7%
 1939 or Earlier0.2%3.9%12.2%

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Reviews for Palm Bay    27 Reviews

I moved to Palm Bay in 2020 and the cost of living has skyrocketed! A two bedroom apartment was around $900/month in 2020. Now it's $1600 and up. Mostly up. A three  More

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My family of 4 have lived here in NW Palm Bay for over 10 years. My wife and my son from another marriage lived here for over 7 before that. I myself have lived here for  More

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I lived in Palm Bay for 12 years. It's a very unfriendly and crowded place to live. It's well into the 90's from late April till right around the 10th of November. The  More

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Reviews for New Smyrna Beach    7 Reviews

I am originally from CT. I moved to Estero ( near Naples, FL) in 2002. It was nice but there was barely any cool weather in the Winter. I was 40 when I moved there and  More

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Over 14 years ago

Houses are more here because of the coastline (beechside very expensive). Inlanf Florida offers better deals and lower  More

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Over 15 years ago

My wife and i are relocating the the east central coast of Florida very soon, most likely somewhere between Port Orange and Vero Beach. I just find it incredible that  More

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ZIPS IN PALM BAY, FLORIDA
32907 32909 32905 32908
ZIPS IN NEW SMYRNA BEACH, FLORIDA
32168 32169

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