In October 2026, the median home sale price in Palm Bay (32905), FL was $262,500, with homes selling in an average of 73 days — slower than the 21-day average last year, suggesting buyers have more negotiating room. A total of 10 homes sold in this period, up from 4 last year — a sign of an active market.
The median list price of Palm Bay (32905), FL, was $277,945 in October 2026, compared to $212,500 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 $329,750 in October 2026, compared to $250,000 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 $212,500 in October 2026, compared to $175,000 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 $55,000 in October 2026, compared to $0 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 $3,950,000 in October 2025.
Palm Bay (32905), FL Housing Market Analysis
There are currently 30 homes listed for sale in Palm Bay (32905), FL, an increase of 650.00% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $490,929 (down 56.84% year-over-year), and the average price per square foot is $177 compared to $203 in 2025. Properties spend an average of 160 days on the market before going under contract.