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Real Estate Market Trends and Analytics in Palm Bay (32905), FL

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.
View all properties for sale in Palm Bay (32905), FL

Palm Bay (32905), FL Market Trend

Median List Price
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.
45
for sale
4
for rent
78
sold
Median Price
$259K
Median SQFT Price
$171
SF Range
744 - 2,860 SF
Beds
2 - 5
Avg. Dom
159 days
Year Built
1963 - 2026
Monthly brief
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Properties in Palm Bay (32905), FL

New
For Sale
$200,000
House
3 bds · 2 ba · 1,428 sqft
POWELLS SUB, PALM BAY
2162 HENRY STREET NE
New
For Sale
$185,000
House
3 bds · 2 ba · 744 sqft
SHIRE, THE FIRST ADDITION, Palm Bay
2591 AMBERLY Road NE, Palm Bay FL 32905
New
For Sale
$377,900
House
4 bds · 3 ba · 1,825 sqft
PORT MALABAR UNIT 05, PALM BAY
767 ARAGON AVENUE NE
New
For Sale
$129,900
2 bds · 2 ba · 1,302 sqft
PALM BAY COLONY SEC 02, PALM BAY
1837 COCO PLUM STREET NE
New
For Sale
$429,500
House
4 bds · 3 ba · 2,210 sqft
RESERVE AT COUNTRY CLUB LAKES ESTATES, PALM BAY
992 BANFF NE DRIVE NE
For Sale
$377,900
House
4 bds · 3 ba · 1,825 sqft
PORT MALABAR UNIT 5, Palm Bay
767 Aragon Avenue NE, Palm Bay FL 32905
For Sale
$325,000
House
4 bds · 2 ba · 2,158 sqft
PORT MALABAR UNIT 04 PT REP, PALM BAY
942 CHACE LANE NE
For Sale
$55,000
Lots/Land
0.10 acres
PALM BAY
GOLDEN CIRCLE NW

Market Trends nearby