5 bedroom homes for sale in Palm Bay, FL

41 Listings

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Median Sold Price

$332.6K

Avg. Sale Time

72 Days

Based on our March 2025 Market Report.

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Palm Bay, FL Real Estate Market Overview

Find your perfect 5 bedroom home in Palm Bay, FL. Browse 5 in Palm Bay, FL and connect with a Rocket Homes agent to get your dream home. The number of homes for sale in Palm Bay, FL increased by 8.3% between February 2025 and March 2025. In March 2025 median list price was $332,634 and the average listing age was 72 days. Over 20 listings were sold over their listed price in March 2025 in Palm Bay, FL. In the same period over 121 listings were sold below the listed price and 71 listings were sold for the listed price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Palm Bay, FL

Palm Bay is located in Brevard County, Florida. There are roughly 102,201 residents, living in 39,044 households. The average temperature for Palm Bay this time of the year is low of 61F and high of 81F. On average, Palm Bay gets about 2.16 inches of precipitation in April. Most residents are home owners (74%), have a high school diploma (49%) and are single, no kids (37%).

Data provided by Home Junction

Palm Bay's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The area has seen growth with new developments complementing the existing housing stock, which includes homes built from the 1970s onwards. The homeownership rate in Palm Bay is robust, reflecting a community invested in property ownership and stability.

Palm Bay is celebrated for its laid-back coastal lifestyle and natural beauty, with numerous parks and outdoor recreational opportunities. The community prides itself on a family-friendly atmosphere, with events like the Palm Bay Fair that highlight local culture and bring residents together. The city's character is further defined by its proximity to the Indian River Lagoon, appealing to those who appreciate water activities and conservation efforts.

The city of Palm Bay is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of learning preferences. Healthcare services are accessible, with facilities offering urgent care, primary care, and specialized medical services. The public library system supports lifelong learning and community engagement. Retail and dining options in Palm Bay reflect the local culture, with a mix of familiar chains and unique local establishments.

Transportation in Palm Bay includes a public bus system with established routes that connect key areas of the city. Ride-sharing services are available, providing additional options for residents and visitors. The city's layout and infrastructure support a car-dependent lifestyle, with major roads and highways facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are ongoing, aiming to improve the overall accessibility of the city.

Schools near Palm Bay, FL

Elementary Schools

  • Riviera Elementary School

    351 Riviera Dr NE

    Public District PK-6

  • Discovery Elementary School

    1275 Glendale Ave NW

    Public District PK-6

  • Palm Bay Elementary School

    1200 Alamanda Rd NE

    Public District PK-6

Middle Schools

  • Southwest Middle School

    451 Eldron Blvd SE

    Public District 7-8

  • Palm Bay Academy Charter School

    2112 Palm Bay Rd NE

    Public Charter KG-8

  • Stone Magnet Middle School

    1101 E University Blvd

    Public Magnet 7-8

High Schools

  • Heritage High School

    2351 Malabar Rd NW

    Public District 9-12

  • Palm Bay Magner High School

    101 Pirate Ln

    Public Magnet 9-12

  • Odyssey Charter School

    1755 Eldron Blvd SE

    Public Charter KG-12

Data provided by Great Schools

Housing market reports in Brevard County

Homes for sale near Palm Bay, FL

Real estate in Palm Bay neighborhoods

Top real estate cities in Florida

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IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.



IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.



IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 12:20:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.



IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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