In August 2026, the median home sale price in Palm Bay (32905), FL was $279,390, with homes selling in an average of 57 days — faster than the 75-day average last year, indicating stronger demand. A total of 71 homes sold in this period, up from 54 last year — a sign of an active market.
The median list price of Palm Bay (32905), FL, was $274,390 in August 2026, compared to $250,000 in August 2025.
Palm Bay (32905), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32905), FL, was $359,500 in August 2026, compared to $294,700 in August 2025.
Palm Bay (32905), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Palm Bay (32905), FL, was $189,950 in August 2026, compared to $175,000 in August 2025.
Palm Bay (32905), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Palm Bay (32905), FL, was $86,500 in August 2026, compared to $45,000 in August 2025.
Palm Bay (32905), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32905), FL, was $3,400,000 in August 2026, compared to $3,950,000 in August 2025.
Palm Bay (32905), FL Housing Market Analysis
There are currently 51 homes listed for sale in Palm Bay (32905), FL, an increase of 200.00% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $392,503 (down 28.31% year-over-year), and the average price per square foot is $170 compared to $181 in 2025. Properties spend an average of 130 days on the market before going under contract.
