Read More About Palm Bay

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Palm Bay has an estimated population of 115,552 and sits in Brevard County, Florida. It has a bustling economy, with large companies like L3Harris Technologies and Intersil calling the city home. Palm Bay residents enjoy a comfortable lifestyle, with excellent housing and job opportunities as well as a low cost of living.

The median listing price in Palm Bay is $220K, at $129 per square foot. The real estate market here is quite competitive, and many homes get multiple offers. Homes tend to sell for 1.8% below the list price and stay on the market for an average of 74 days. Hot homes, though, can sell for around the list price and stay on the market for only 43 days. South Cove remains Palm Bay’s most expensive neighborhood, with a median listing price of $335.5K. On the other hand, the most affordable neighborhood is Riverview, with a median listing price of $134.9K.

Palm Bay is a great place to buy real estate due to its many affordable housing opportunities. In fact, most of the residents here own their homes. Buying a house is a big step, though, and should be treated as such. There are so many real estate scams nowadays that it is easy to fall victim to one and realize it too late.

The best way to ensure you steer clear from scams is to trust in an experienced Palm Bay real estate agent. Professionals know what they are doing, have a good grasp of the local market, and often have excellent negotiating skills. As an investor, you naturally want to get the best price for your property, and only professional real estate services can help you with that.

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