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Palm Bay-Melbourne-Titusville Housing Market

$350,318

3.3% 1-yr

The average Palm Bay-Melbourne-Titusville home value is $350,318, down 3.3% over the past year and goes to pending in around 38 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Palm Bay-Melbourne-Titusville Key Takeaways

Typical Home Values: $350,318

1-year Value Change: -3.3%

(Data through April 30, 2025)

Palm Bay-Melbourne-Titusville Housing Market Overview

1.1%1-year Market Forecast(April 30, 2025)
5,176For sale inventory(April 30, 2025)
1,263New listings(April 30, 2025)
0.973Median sale to list ratio(March 31, 2025)
$332,167Median sale price(March 31, 2025)
$376,002Median list price(April 30, 2025)
10.1%Percent of sales over list price(March 31, 2025)
73.6%Percent of sales under list price(March 31, 2025)
38Median days to pending(April 30, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Scottsmoor

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Palm Bay-Melbourne-Titusville Rental Market Trends

$2,023Average rent in Palm Bay-Melbourne-Titusville(April 30, 2025)
$2,024National average rent(April 30, 2025)
0.3%Month-over-month change(April 30, 2025)
2.6%Year-over-year change(April 30, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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