Palm Bay home values (September 2026)
The typical home in the Palm Bay, FL metro is worth $342,339, -0.5% over the last 12 months. Updated monthly from Zillow Research data.
- Typical value
- $342,339
- 1-year change
- -0.5%
- 5-year change
- +15.7%
- 10-year change
- +88.7%
Where Palm Bay stands
- #59 most expensive of the 100 largest U.S. metros; #80 by 1-year price growth.
- 6.3% below its peak of $365,244 in April 2024.
Home equity in Palm Bay
At an 85% combined loan-to-value cap, a typical $342,339 home supports up to $290,988 of total borrowing. With a typical mortgage still owed, about $99,278 of equity would be available as a line of credit. Run your own numbers in the HELOC calculator.
Compare nearby metros
- Miami, FL — $476,815 (+0.3% 1-yr)
- Tampa, FL — $356,843 (-0.9% 1-yr)
- Orlando, FL — $383,302 (-1.4% 1-yr)
- Jacksonville, FL — $350,574 (-0.1% 1-yr)
- Albuquerque, NM — $348,674 (+1.5% 1-yr)
- Tucson, AZ — $335,747 (-1.8% 1-yr)
Frequently asked questions
What is the typical home value in Palm Bay?
The typical home in the Palm Bay, FL metro area is worth about $342,339 as of September 2026, according to the Zillow Home Value Index (mid-tier homes, seasonally adjusted). That ranks #59 of the 100 largest U.S. metros.
Are home prices in Palm Bay going up or down?
Over the past 12 months the typical value changed -0.5% (#80 of 100 large metros by 1-year growth). Over 5 years it changed +15.7%, and over 10 years +88.7%. Values are 6.3% below the peak of $365,244 set in April 2024.
How much home equity could a Palm Bay homeowner borrow against?
Lenders typically cap combined loan-to-value at about 85%. On a typical $342,339 home that's $290,988 of total borrowing; after a typical existing mortgage (about 56% of value) roughly $99,278 would remain as a line of credit. This is an illustration, not an offer — your figure depends on your own balance, credit and appraisal.
Data: Zillow Research, Zillow Home Value Index (all homes, mid tier, smoothed and seasonally adjusted), September 2026. Equity figures are illustrative. Download the full dataset.