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1 / 19#19. Micco, FL
- Typical home value: $206,962
- 1-year price change: -1.3%
- 5-year price change: +8.6%
Cities with the most expensive homes in the Palm Bay metro area
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Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Palm Bay metro area using data from . Charts show the monthly typical home value since January 2018. All 19 cities and towns with data available were included in the list.
You may also like: Palm Bay's 2025 housing market year in review
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2 / 19#18. Titusville, FL
- Typical home value: $272,395
- 1-year price change: -0.8%
- 5-year price change: +18.9%
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3 / 19#17. Cocoa, FL
- Typical home value: $297,820
- 1-year price change: +0.2%
- 5-year price change: +19.3%
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4 / 19#16. Palm Bay, FL
- Typical home value: $303,910
- 1-year price change: -1.7%
- 5-year price change: +16.7%
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5 / 19#15. Cape Canaveral, FL
- Typical home value: $316,658
- 1-year price change: -1.8%
- 5-year price change: +9.9%
You may also like: What type of home sells the fastest in Palm Bay in 2026?
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6 / 19#14. Melbourne, FL
- Typical home value: $356,996
- 1-year price change: -1.0%
- 5-year price change: +18.2%
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7 / 19#13. West Melbourne, FL
- Typical home value: $371,234
- 1-year price change: -1.2%
- 5-year price change: +13.4%
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8 / 19#12. Mims, FL
- Typical home value: $392,730
- 1-year price change: +1.8%
- 5-year price change: +25.7%
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9 / 19#11. Rockledge, FL
- Typical home value: $396,142
- 1-year price change: -0.6%
- 5-year price change: +18.6%
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10 / 19#10. Melbourne Village, FL
- Typical home value: $429,376
- 1-year price change: +3.2%
- 5-year price change: +27.5%
You may also like: How many homes are getting built in Palm Bay in 2026?
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11 / 19#9. Merritt Island, FL
- Typical home value: $430,609
- 1-year price change: +0.5%
- 5-year price change: +18.2%
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12 / 19#8. Palm Shores, FL
- Typical home value: $453,487
- 1-year price change: -0.5%
- 5-year price change: +21.6%
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13 / 19#7. Cocoa Beach, FL
- Typical home value: $454,088
- 1-year price change: -0.1%
- 5-year price change: +15.7%
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14 / 19#6. Indian Harbour Beach, FL
- Typical home value: $454,286
- 1-year price change: +0.9%
- 5-year price change: +19.1%
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15 / 19#5. Satellite Beach, FL
- Typical home value: $513,382
- 1-year price change: +0.3%
- 5-year price change: +20.8%
You may also like: Most expensive homes for sale in Palm Bay
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16 / 19#4. Malabar, FL
- Typical home value: $538,080
- 1-year price change: +2.4%
- 5-year price change: +26.9%
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17 / 19#3. Grant-Valkaria, FL
- Typical home value: $543,044
- 1-year price change: +2.9%
- 5-year price change: +28.3%
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18 / 19#2. Indialantic, FL
- Typical home value: $611,638
- 1-year price change: +3.1%
- 5-year price change: +18.5%
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19 / 19#1. Melbourne Beach, FL
- Typical home value: $616,583
- 1-year price change: +0.0%
- 5-year price change: +24.8%
