In July 2026, the median home sale price in Palm Bay (32905), FL was $279,390, with homes selling in an average of 59 days — faster than the 72-day average last year, indicating stronger demand. A total of 71 homes sold in this period, up from 56 last year — a sign of an active market.
The median list price of Palm Bay (32905), FL, was $297,000 in July 2026, compared to $252,500 in July 2025.
Palm Bay (32905), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32905), FL, was $375,000 in July 2026, compared to $279,500 in July 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 $175,000 in July 2026, compared to $165,000 in July 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 $107,000 in July 2026, compared to $199,500 in July 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 July 2026, compared to $3,950,000 in July 2025.
Palm Bay (32905), FL Housing Market Analysis
There are currently 52 homes listed for sale in Palm Bay (32905), FL, an increase of 188.89% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $398,128 (down 26.75% year-over-year), and the average price per square foot is $174 compared to $182 in 2025. Properties spend an average of 128 days on the market before going under contract.
