Palm Bay, Florida - Real Estate
Palm Bay is a coastal city located in Brevard County, Florida. The area’s population has grown significantly in recent years, with a 2000 estimate showing the city as having 99,345 residents.
Real estate prices in the area have been growing quickly, partially due to the increasing population, but are still more affordable than most of Florida’s beachfront communities. The median cost of a single family dwelling in the Palm Beach area currently stands at $209,500, a few thousand dollars short of the national average.
This puts Palm Beach, along with nearby Melbourne and Titusville, among the more affordable destinations on Florida’s coast. The area can, of course, still be difficult for low income retirees and first time homebuyers, but there is comfort in the knowledge that this region still has a few genuinely affordable bargains, many of them in the form of foreclosed properties and other discount listings.
To find foreclosures and rock-bottom real estate bargains in Palm Bay, Florida and other cities across America, please click here.