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Palm Bay, Florida Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
801
Sold (12M)
914
Median Price
$40K
Market Condition
Strong Buyer's Market

Palm Bay, Florida Market Meter

Buyer'sSeller's
Strong Buyer's Market

13.9 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$40K
Avg Price/Acre
$169K
Avg Days on Market
77
Months of Supply
13.9
YoY Price Change
+3.8%
New Listings (3M)
224

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres451664068761,9752,813
1-2 acres-1151429
2-5 acres235204267
5-10 acres--1247
10-20 acres---134
20-50 acres------
50-100 acres------
100+ acres112333
TOTAL481714159072,0412,923
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres876 sold / 750 listed
1-2 acres5 sold / 10 listed
2-5 acres20 sold / 22 listed
5-10 acres2 sold / 2 listed
10-20 acres1 sold / 3 listed
100+ acres3 sold / 1 listed

Median Price by Acreage

$0$288K$575K
0- 1
1- 2
2- 5
5- 10
10- 20
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$87.3M
Last 12 months
Active Listings
801
Current inventory
Avg Days on Market
77
Time to sell
Price Trend (YoY)
+3.8%
Year over year

Palm Bay, Florida Land Market Analysis

How much is land worth in Palm Bay, Florida?

The median price for land in Palm Bay, Florida is currently $169K per acre. For a typical parcel, the median sale price is $40K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $21K while premium lots reached $335K.

Is now a good time to buy land in Palm Bay, Florida?

Palm Bay, Florida is currently a strong buyer's market with 13.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 3.8% year-over-year.

What is the months of supply for land in Palm Bay, Florida?

Palm Bay, Florida currently has 13.9 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the total amount sold in Palm Bay, Florida last year?

Over the past 12 months, Palm Bay, Florida saw 914 properties sold, totaling $87.3M in sales volume. In just the last 3 months, 173 properties changed hands.

How long does it take to sell land in Palm Bay, Florida?

Land in Palm Bay, Florida typically sells within 77 days of listing. The median time on market is 44 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the total land for sale in Palm Bay, Florida?

There are currently 801 active listings in Palm Bay, Florida. 224 new listings have hit the market in the last 90 days. The median asking price is $47K.

What is the median land price in Palm Bay, Florida?

The median land price in Palm Bay, Florida stands at $40K. This translates to roughly $169K per acre for the typical parcel size. The average price is $95K, indicating some higher-priced properties pulling up the average.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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