Palm Bay, FL - The Compound, Palm Bay, FL
Palm Bay, FL - The Compound — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Palm Bay, FL - The Compound, Palm Bay, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Palm Bay, FL - The Compound Neighborhood Overview
The Compound is a residential neighborhood located in the 32905 ZIP code of Palm Bay, Florida. Situated near the Indian River Lagoon, it offers a suburban atmosphere within the broader Space Coast region. The area provides a quiet, community-focused environment for its residents.
Lifestyle & Amenities
Residents enjoy a relaxed suburban lifestyle with convenient access to local shopping and dining along Babcock Street. The neighborhood is in proximity to natural areas like the Turkey Creek Sanctuary, offering trails and wildlife viewing. Daily needs are met by nearby plazas and supermarkets serving the Palm Bay community.
Real Estate Market
The real estate market in The Compound is characterized by affordability, with a median home value of $180,700. Homes spend an average of 136 days on the market, and the median monthly rent is $1,249. The homeownership rate is 58%, indicating a mix of owners and renters in the area.
Schools & Education
The neighborhood is served by the Brevard Public Schools district. Families have access to a range of public educational institutions from elementary through high school. Specific school assignments and ratings can vary within the Palm Bay area.
Transportation & Connectivity
Major roadways like Babcock Street and Palm Bay Road provide efficient connections throughout the city and to Interstate 95. This allows for reasonable commutes to employment centers in Melbourne, Palm Bay, and the broader Space Coast. Public transportation options are available through Space Coast Area Transit services.
Why Choose Palm Bay, FL - The Compound
The Compound appeals to homebuyers and renters seeking an affordable entry into the Palm Bay housing market, with a median household income of $54,145. It offers a balance of suburban tranquility and practical convenience near major thoroughfares. The neighborhood represents a value-oriented choice for those looking to live on Florida's Space Coast.
Palm Bay, FL - The Compound Market Data
| Metric | Value |
|---|---|
| Median Home Price | $181K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $54K |
| Homeownership Rate | 57.7% |
| Renter-Occupied | 42.3% |
| Rental Vacancy Rate | 4.1% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 32905 |
Top Real Estate Agents in Palm Bay, FL - The Compound, Palm Bay
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Palm Bay, FL - The Compound, Palm Bay, FL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Florida Department of Business & Professional Regulation (DBPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12