Market report, updated

Explore homes for sale and recent closings in Palm Bay Colony.

Condo, Manufactured Home, Single Family Residential, Townhome search in the subdivisions of Palm Bay Colony Sec 1, Palm Bay Colony Sec 2, Palm Bay Colony Sec 3, and other subdivisions

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Palm Bay, Florida · Neighborhood market report

Your window into Palm Bay Colony.

See what is available, what has sold and how quickly properties are moving in Palm Bay Colony. Compare asking prices with actual closing prices below.

Summary verified November 10, 2026Neighborhood: Palm Bay ColonyDaily summary · live listing tables below

Homes for sale

13

Active inventory on the update date

Under contract

2

Pending listings on the update date

Months of supply

3.9

Based on the trailing 6-month sales pace

Closed sales

20

Trailing 6 months; 35 in 12 months

Median sold price

$143,000

Trailing 12 months; 35 sale events

Median days on market

70 days

Closed listings; trailing 12 months

Median sale-to-list

98.5%

Sale price / displayed final list price

Median asking price

$145,000

Active listings; separate from sale prices

Which way is activity moving?

Closed-sale activity held steady: 10 sales in Aug-Oct 2026, compared with 10 in May-Jul 2026 (+0%). Median selling time was 54.5 days versus 91.5 days. These measures describe recent activity; they do not establish a price trend or predict future values.

There are 13 active listings against 3.3 closings per month over the trailing six months. That equals approximately 3.9 months of supply at that pace. Individual home condition, size and pricing still matter.

Closed sales by month

Six completed calendar months. Current partial month excluded.

A quieter month alone does not establish a trend.

How these numbers are calculated
  • Source: this site's MLS feed, restricted to the following MLS subdivision names: Palm Bay Colony Sec 1; Palm Bay Colony Sec 2; Palm Bay Colony Sec 3; Palm Bay Colony Sec 4. Residential home, condo, townhome and manufactured-home categories are included. Land and rentals are excluded. Coverage is limited to participating MLS listings.
  • Active and pending counts are current inventory at the verification time. Closed sales cover rolling 3-, 6- and 12-month windows ending November 10, 2026.
  • Months of supply = active listings / (closed sales in the trailing 6 months / 6). Here: 13 / (20 / 6) = 3.9. With no closings, supply is shown as unavailable.
  • Median sold price, median DOM and median sale-to-list ratio use all 35 sale events in the trailing 12 months. DOM is the feed's reported days on market, not independently reconstructed cumulative DOM. Sale-to-list uses the displayed final list price; concessions and original asking price are not available here.
  • The activity comparison uses Aug-Oct 2026 versus May-Jul 2026, excluding the current partial month. A direction label is withheld when either comparison has fewer than 10 closings. A different mix of homes can change median prices without proving appreciation or depreciation.
  • Separate sales of the same address on different closing dates count as separate sale events. New construction and resale are combined unless the feed provides a verified classification.
  • The summary is a dated daily snapshot; listing tables refresh through Real Geeks and may change sooner. Delayed or missing MLS records can affect all calculations.

About Palm Bay Colony

This Palm Bay Colony report combines the four MLS subdivision sections and includes qualifying manufactured homes.

Compare similar home sizes and condition, and confirm ownership terms, association rules, and any fees for the specific property.

Example MLS property record · Request a property-specific comparison

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Expired listings: this public feed exposes active, pending and sold records. Expired counts and properties are unavailable and are not inferred from homes disappearing from the market.

Explore the live listing tables

Use the tabs below to browse listings by status. The Real Geeks charts and tables use averages. The summary above labels its medians.

Sold Properties - Trailing 12 months (35)

Market at a glance

Over the last 12 months, homes sold for 94.6% of list price in 94 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $157K Sold · $153K
$190K$160K$130K$100K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 6 sales in Jun. Last month: 3.

Where the market stands

All homes in this report, by status.

50homes
Active14 · 28%
Under contract2 · 4%
Sold (12 mo)34 · 68%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$142K
Under contract$98K
Sold$129K

Average days on market

Active90 days
Under contract30 days
Sold94 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 14
Average list price $141,864
Avg. days on market 90 days
Avg. price per ft² $130
Avg. living area 1,121 ft²
Avg. beds / baths 2.1 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$300K$200K$100K$0

Price vs. living area: 14 homes plotted, up to $300K and 1,500 ft².

0 ft²5001,0001,500 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

1925 Live Oak Street NE$185
1801 Sago Palm Street NE$184
1919 Live Oak Street NE$181
1966 Live Oak Street NE$150
1818 Big Cypress Street NE$135
1884 Mango Street NE$128
2344 Royal Palm Drive NE$126

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1801 Sago Palm Street NEPalm Bay, FL 32905 22839$155,000$1844 days
2344 Royal Palm Drive NEPalm Bay, FL 32905 321,276$162,000$12621 days
1919 Live Oak Street NEPalm Bay, FL 32905 22828$149,900$18126 days
1805 Seagrape Street NEPalm Bay, FL 32905 221,152$110,000$9533 days
1925 Live Oak Street NEPalm Bay, FL 32905 221,026$189,900$18538 days
1967 Big Cypress Street NEPalm Bay, FL 32905 221,292$159,500$12341 days
1884 Mango Street NEPalm Bay, FL 32905 221,049$135,000$12856 days
1818 Coco Plum Street NEPalm Bay, FL 32905 221,372$110,000$8071 days
2374 Royal Palm Drive NEPalm Bay, FL 32905 221,104$125,000$11379 days
1848 Seagrape Street NEPalm Bay, FL 32905 321,104$139,900$126146 days
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