Neighborhood · Palm Bay, Florida
The Compound
New-build value in Palm Bay's growing corridor
29
Homes for sale
$390,900
Median list price
$195
Avg price / sqft
55
Median days on market
The Compound sits in the middle of Palm Bay's steady push southwest, a neighborhood where newer construction is reshaping the streets and buyers get more square footage for the money than they'd find closer to the coast. It shares the same practical Brevard County appeal as nearby communities like Bayside Lakes and Port Malabar — space to spread out, quiet streets, and easy reach into the wider Palm Bay homes for sale market. Homes here run around 1,963 square feet at the median, which is real family-sized living.
For a buyer today, the numbers are refreshingly grounded. The median list price is $390,900 with 29 active listings, and 20 of those are new construction — so if a fresh floor plan is the goal, this is a rare pocket of inventory. Sellers have been getting 100% of asking on average over the last year, so come prepared, but the 55-day median on market gives you room to think. Browse the current listings on the live map to see how fast the new builds move.
The Compound is a community in Palm Bay, Florida.
Quick facts
$319,888 – $470K price range
1,963 sqft median home
$2,750/mo median rent
31 sold in 12 months
On the market now
Homes for sale in The Compound
View all 29 →
$469,000
2969 Lakeland Avenue SW, Palm Bay FL 32908, PALM BAY
3 bd · 3 ba · 2,237 sqft
$440,000
2769 HAGUE STREET SW, PALM BAY
4 bd · 3 ba · 2,431 sqft
$399,900
3189 FRANTZ AVENUE SW, PALM BAY
4 bd · 3 ba · 1,952 sqft
$399,000
3121 LA FRANCE AVENUE SW, PALM BAY
4 bd · 3 ba · 1,952 sqft
$399,000
3181 LAFRANCE AVENUE SW, PALM BAY
4 bd · 3 ba · 1,952 sqft
$379,888
601 YARDLEY STREET SW, PALM BAY
4 bd · 2 ba · 1,788 sqft
$375,995
335 FRANZING ST SW, PALM BAY
4 bd · 2 ba · 1,775 sqft
$450,000
242 HERITAGE ST STREET SW, PALM BAY
4 bd · 3 ba · 2,396 sqft
$450,000
229 Fitchburg ST SW, Palm Bay FL 32908, PALM BAY
4 bd · 3 ba · 2,306 sqft
$338,990
3221 FITZPATRICK AVENUE SW, PALM BAY
3 bd · 2 ba · 1,808 sqft
$374,800
567 Mimosa Street SW, Palm Bay FL 32908, PALM BAY
3 bd · 2 ba · 2,064 sqft
$365,000$376,000
383 Hanford Road SW, Palm Bay FL 32809, PALM BAY
4 bd · 2 ba
Every active listing inside the The Compound boundary
Open full map search →Find your fit
Browse The Compound
By feature — on the live map
Where the market lives
The numbers that matter
The The Compound market
31
Sold, last 12 months
$320,990
Median sold price
100%
Sale-to-list ratio
What sellers actually get vs asking
53 days
Median time to sell
The Compound vs Palm Bay
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 16.0% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the The Compound boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools The Compound is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median The Compound home
≈ $2,305/mo
$390,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$2,750/mo
Median rent
Homes for rent inside the boundary
Population
2,892
Median age
39
Median income
$60,410
Median home value
$265,758
Beyond the listings
Living in The Compound
Active
Top 8% in the U.S.Fitness Obsession
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Hobbies & Interests
Top 9% in the U.S.Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Lifestyles
Top 10% in the U.S.Nerd Culture
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
Active
Top 11% in the U.S.Organized Sports
From tryouts and casual pick-up games, to varsity tournaments and intramural matches, this population includes people who participate in organized athletics. Often through schools or public recreational areas.
Entertainment
Top 11% in the U.S.Competitive Nature
These folks have their head in the game. Whether it's creating a card game tournament with friends or cheering on the home team, these people want to win.
Beliefs
Top 12% in the U.S.Local Engagement
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
Straight answers
The Compound FAQs
Is The Compound a good place to live?+
It's a practical, family-oriented pocket of Palm Bay with newer homes averaging 1,963 square feet and quiet residential streets. It connects easily to established neighbors like Port Malabar, so you get room to grow while staying plugged into the wider community. Buyers who want a newer home without coastal pricing tend to like it here.
Is The Compound expensive?+
It's mid-range for Palm Bay — the median list price is $390,900, with active homes running from $319,888 up to $469,900. At about $195 per square foot for larger homes, it delivers solid value compared to waterfront pockets elsewhere in Brevard. There's nothing over $1M on the market here right now.
What do homes cost in The Compound?+
Active listings have a median list price of $390,900, while homes that sold over the past 12 months closed at a median of $320,990 — the gap reflects the wave of newer, larger construction now on the market. You'll find plenty of options in the $320K to $470K band. Rentals run around $2,750 a month for those weighing buying versus renting.
How is the market in The Compound?+
It's steady and seller-favorable: 31 homes sold in the last year and sellers averaged 100% of their asking price. Homes take a median of 55 days to sell, so it's active without being frantic, and with 20 new-construction listings there's real choice right now. Check the live map for the latest inventory.
What about HOA fees and property taxes?+
Property taxes are notably low here, with a median of just $422 per year. HOA data isn't consistently reported for this neighborhood, so confirm any dues on a specific listing before you write an offer. Overall, the carrying costs make it easier to stretch into a newer, larger home.
Keep exploring
More Palm Bay neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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