Good Investment

Home appreciation in Palm Bay, FL

Over the five years ending 2025, home prices in Palm Bay, FL grew an average of 9.4% a year.

Price growth at a glance

1-year

+0.2%

2025 over 2024. Florida: +0.7%.

5-year, per year

+9.4%

Average annual growth, 2020 to 2025. Florida: +10.3%.

10-year, per year

+9.2%

+141.6% in total since 2015. Florida: +8.9%.

How does your home compare?

Palm Bay, FL home prices rose 141.6% over the ten years to 2025, while its ZIP codes ranged from +97.1% to +181.0%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Palm Bay, FL compares with Florida

Florida averaged +10.3% a year, putting Palm Bay, FL behind the state overall. For five-year price growth, Palm Bay, FL ranks 172nd out of 409 metros nationwide and 18th out of 25 in Florida.

Index, 2005 = 100

Palm Bay-Melbourne-Titusville, FL and Florida, quarterly house price index rebased to 100 in 2005.
YearPalm Bay-Melbourne-Titusville, FLFlorida
2005 Q1100100
2005 Q2108107
2005 Q3116115
2005 Q4121121
2006 Q1124126
2006 Q2124128
2006 Q3123129
2006 Q4122130
2007 Q1118130
2007 Q2115128
2007 Q3108123
2007 Q4104120
2008 Q198115
2008 Q291107
2008 Q38499
2008 Q48094
2009 Q18195
2009 Q27790
2009 Q37385
2009 Q47083
2010 Q17181
2010 Q26979
2010 Q36780
2010 Q46679
2011 Q16375
2011 Q26173
2011 Q36273
2011 Q46174
2012 Q16173
2012 Q26172
2012 Q36274
2012 Q46375
2013 Q16576
2013 Q26678
2013 Q36780
2013 Q46982
2014 Q16983
2014 Q27286
2014 Q37388
2014 Q47589
2015 Q17891
2015 Q28093
2015 Q38396
2015 Q48598
2016 Q18799
2016 Q292102
2016 Q394105
2016 Q496106
2017 Q199108
2017 Q2102111
2017 Q3105113
2017 Q4107115
2018 Q1109117
2018 Q2111120
2018 Q3112122
2018 Q4113123
2019 Q1115125
2019 Q2116126
2019 Q3118128
2019 Q4120130
2020 Q1122132
2020 Q2124134
2020 Q3126136
2020 Q4129140
2021 Q1133144
2021 Q2143154
2021 Q3154165
2021 Q4162174
2022 Q1170184
2022 Q2186199
2022 Q3191206
2022 Q4190205
2023 Q1191206
2023 Q2193210
2023 Q3196215
2023 Q4196214
2024 Q1196217
2024 Q2197219
2024 Q3195220
2024 Q4199222
2025 Q1196220
2025 Q2196221
2025 Q3197221
2025 Q4198223
2026 Q1198224
2026 Q2201224

Chart through 2026 Q2. Annual growth figures through 2025.

Five-year and ten-year growth rates were similar, at +9.2% a year over ten years and +141.6% in total, suggesting a similar pattern over both periods.

Over this history, home prices peaked in 2006, fell 49.8% to its 2011 low, and regained the 2006 level in 2020.

The strongest year was 2022 at +24.6%, and the weakest was 2008 at -20.8%.

In 2025 alone the index moved +0.2%, against +0.7% for the state.

ZIP codes in Palm Bay, FL

Over the ten years to 2025, the 25 ZIP codes FHFA measures in this metro ranged from +97.1% in 32952 to +181.0% in 32922, while the metro as a whole rose 141.6%.

Fastest-rising ZIP codes

10-year change

  1. 32922+181.0%
  2. 32905+166.0%
  3. 32796+163.4%
  4. 32780+163.0%
  5. 32976+160.5%

Slowest-rising ZIP codes

10-year change

  1. 32952+97.1%
  2. 32950+110.8%
  3. 32754+117.6%
  4. 32934+119.4%
  5. 32953+119.5%
ZIP codes in Palm Bay-Melbourne-Titusville, FL ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
32922-2.3%+9.6%+10.9%+181.0%
32905+1.7%+9.5%+10.3%+166.0%
32796-3.6%+9.3%+10.2%+163.4%
32780+0.1%+9.7%+10.2%+163.0%
32976+1.7%+11.0%+10.0%+160.5%
32926+1.9%+9.5%+9.8%+153.6%
32935-7.4%+8.4%+9.6%+150.4%
32908-1.9%+10.0%+9.6%+149.9%
32927+0.1%+9.2%+9.5%+147.5%
32901+0.6%+9.9%+9.4%+146.7%
32909-1.9%+8.5%+9.4%+145.6%
32931+0.9%+11.7%+9.4%+144.8%
32920-2.2%+9.6%+9.2%+142.2%
32904+0.9%+9.7%+9.1%+139.2%
32907-2.5%+8.4%+9.1%+138.9%
32937-0.4%+9.6%+8.9%+134.1%
32949+29.8%+11.8%+8.9%+133.8%
32955-1.5%+8.4%+8.7%+130.2%
32903-4.8%+10.0%+8.6%+128.3%
32951-0.5%+9.4%+8.2%+119.5%
32953+5.3%+9.0%+8.2%+119.5%
32934+9.1%+8.5%+8.2%+119.4%
32754-3.3%+9.5%+8.1%+117.6%
32950-0.7%+8.5%+7.7%+110.8%
32952-6.0%+7.0%+7.0%+97.1%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Palm Bay-Melbourne-Titusville, FL and Florida, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006110.5+10.5%115.9
2007100.0-9.5%112.9
200879.3-20.8%93.6
200967.8-14.5%79.7
201061.4-9.5%72.0
201155.5-9.5%66.5
201255.6+0.3%66.1
201359.8+7.6%71.4
201465.0+8.6%78.0
201573.3+12.8%85.2
201682.8+13.0%93.0
201792.6+11.8%100.9
2018100.0+8.0%108.6
2019105.4+5.5%114.8
2020112.7+6.9%122.0
2021132.8+17.8%143.5
2022165.4+24.6%179.1
2023174.3+5.3%190.7
2024176.8+1.4%198.1
2025177.0+0.2%199.4

The 25 measured metros in Florida

Measured metros in Florida ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Miami-Miami Beach-Kendall, FL (metropolitan division)+3.4%+12.8%+9.8%
2West Palm Beach-Boca Raton-Delray Beach, FL (metropolitan division)+2.4%+11.7%+9.4%
3Sebring, FL+2.5%+11.5%+9.8%
4Homosassa Springs, FL+2.3%+11.4%+10.3%
5Naples-Marco Island, FL-1.2%+11.3%+8.4%
6Tampa, FL (metropolitan division)+1.3%+11.0%+9.8%
7Fort Lauderdale-Pompano Beach-Sunrise, FL (metropolitan division)+1.1%+10.7%+8.7%
8Ocala, FL+2.2%+10.7%+9.1%
9Port St. Lucie, FL+0.2%+10.7%+9.6%
10St. Petersburg-Clearwater-Largo, FL (metropolitan division)-0.6%+10.7%+9.8%
11Sebastian-Vero Beach-West Vero Corridor, FL-1.1%+10.0%+9.3%
12Lakeland-Winter Haven, FL-1.0%+9.9%+9.3%
13Orlando-Kissimmee-Sanford, FL+1.7%+9.9%+8.8%
14Jacksonville, FL+1.9%+9.7%+8.4%
15North Port-Bradenton-Sarasota, FL-2.7%+9.7%+8.3%
16Gainesville, FL+1.4%+9.6%+8.0%
17Deltona-Daytona Beach-Ormond Beach, FL-0.2%+9.4%+9.0%
18Palm Bay-Melbourne-Titusville, FL+0.2%+9.4%+9.2%
19Pensacola-Ferry Pass-Brent, FL+1.0%+9.4%+8.4%
20Panama City-Panama City Beach, FL+3.6%+8.9%+8.0%
21Cape Coral-Fort Myers, FL-5.2%+8.8%+7.5%
22Crestview-Fort Walton Beach-Destin, FL+0.7%+8.8%+7.8%
23Tallahassee, FL+1.9%+8.6%+7.0%
24Punta Gorda, FL-6.8%+8.3%+7.8%
25Wildwood-The Villages, FL-0.6%+7.6%+5.9%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Florida row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

All metrosState rankings
Share

Measured FHFA data · chart through 2026 Q2