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Palm Bay Housing Market 2019: Home Prices, Trends & Forecasts

Palm Bay, FL Real Estate Market 2019 Statistics

If you are looking at buying a house in Palm Bay as a potential investment opportunity, you must read till the end. Home prices in the Palm Bay real estate market are expected to rise by 3.7% in 2020. Palm Bay is a city in Florida well north of hotter markets like Miami and Orlando. The city is several hours north of famous cities like Palm Beach, and it is a modest distance southeast of Orlando. This city shouldn’t be confused with the much more famous and expensive Palm Beach to the south.

If you are a home buyer or real estate investor, Palm Bay definitely has a track record of being one of the best long term real estate investments through the last ten years. Palm Bay has a population of around a hundred thousand people. However, the Palm Beach housing market is much larger than this. The Palm Bay metropolitan area is home of over half a million people. The 32095 zip code sits on the shore, while the rest of the metro area is inland. Let us now discuss the latest Palm Bay housing market trends and forecasts for 2019 & 2020 and find out why you should invest in this cash flow rental market.


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