New Home Sales in Palm Bay (New Construction)
Last Updated: January 21, 2026
Sales Overview (First Half of 2025)
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Recent coverage notes that in the first half of 2025, new construction sales in Palm Bay ranged between $244,900 and $825,000 (the $825K price being an outlier), with the average sales price at $357,114 and the median at $350,000. Home sizes varied significantly, from about 1,239 sq ft to 3,422 sq ft—average size was 1,880 sq ft, median 1,828 sq ft.
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The most active zip codes for these new-sales were 32909, 32907, and 32908.
Current Listings (Active New Construction for Sale)
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Redfin reports there are approximately 266 new construction homes for sale in Palm Bay, with a median listing price of around $340,000. Homes stay on the market for about 80 days, receiving on average 1 offer.
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A similar figure from Redfin states there are 609–612 new homes for sale, with a median listing price of $340,000, and again the same market speed metrics (80 days on market, 1 offer).
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Realtor.com indicates that there are roughly 844 new construction homes for sale in Palm Bay, with a median listing price of $279,000.
NewHomeSource Snapshot
According to NewHomeSource:
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51 new home communities in Palm Bay
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669 homes available for sale
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Starting prices from about $239,990
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Average price around $349,669
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Price per square foot averages $169
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Builders: Lennar, KB Home, K. Hovnanian Homes, D.R. Horton, Maronda, Landsea, LGI, Century Complete, and more.
Summary Table
| Metric | Value |
|---|---|
| Average sale price (H1 2025) | ~$357,114 |
| Median sale price (H1 2025) | ~$350,000 |
| Price range (H1 2025) | $244,900 – $825,000 (outlier high) |
| Average home size (sale) | ~1,880 sq ft |
| Current listings (Redfin) | ~266 homes, median listing price ~$340,000 (80 days on market) |
| Listings (Realtor.com) | ~844 homes, median listing price ~$279,000 |
| NewHomeSource listings | 669 homes, average price ~$349,669, starting ~$239,990 |
| Typical price per sq ft | ~$169 (NewHomeSource) |
| Top builders | Lennar, KB Home, K. Hovnanian, D.R. Horton, Maronda, Landsea, LGI… |
Insights & Context
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The market is active but mixed—listing volumes vary across platforms, with Realtor.com showing a higher count (844) versus Redfin’s ~266.
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Median listing prices also differ: ~$279K (Realtor.com) vs. ~$340K (Redfin), likely due to differences in listing pools and timing.
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Actual sales (H1 2025) averaged around $357K, slightly above listing medians, which suggests strong movement in higher-quality or larger homes.
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Builders offer varied price tiers, starting under $240K but extending into the $400–450K range depending on community and floorplan amenities.
All Florida New Homes Communities
