In October 2026, the median home sale price in Palm Bay (32905), FL was $296,795, with homes selling in an average of 54 days — faster than the 72-day average last year, indicating stronger demand. A total of 78 homes sold in this period, up from 37 last year — a sign of an active market.
The median list price of Palm Bay (32905), FL, was $259,000 in October 2026, compared to $279,445 in October 2025.
Palm Bay (32905), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32905), FL, was $348,350 in October 2026, compared to $303,250 in October 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 $226,145 in October 2026, compared to $239,445 in October 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 $88,500 in October 2026, compared to $199,500 in October 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 October 2026, compared to $2,172,500 in October 2025.
Palm Bay (32905), FL Housing Market Analysis
There are currently 45 homes listed for sale in Palm Bay (32905), FL, an increase of 150.00% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $406,075 (down 29.59% year-over-year), and the average price per square foot is $171 compared to $191 in 2025. Properties spend an average of 159 days on the market before going under contract.