In October 2026, the median home sale price in Palm Bay (32907), FL was $294,450, with homes selling in an average of 84 days — slower than the 78-day average last year, suggesting buyers have more negotiating room. A total of 150 homes sold in this period, up from 149 last year — a sign of an active market.
The median list price of Palm Bay (32907), FL, was $313,000 in October 2026, compared to $275,200 in October 2025.
Palm Bay (32907), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32907), FL, was $340,000 in October 2026, compared to $291,950 in October 2025.
Palm Bay (32907), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Palm Bay (32907), FL, was $258,500 in October 2026, compared to $0 in October 2025.
Palm Bay (32907), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Palm Bay (32907), FL, was $49,750 in October 2026, compared to $50,393 in October 2025.
Palm Bay (32907), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32907), FL, was $100,000 in October 2026, compared to $1,600,000 in October 2025.
Palm Bay (32907), FL Housing Market Analysis
There are currently 93 homes listed for sale in Palm Bay (32907), FL, an increase of 102.17% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $268,795 (down 5.14% year-over-year), and the average price per square foot is $188 compared to $183 in 2025. Properties spend an average of 168 days on the market before going under contract.
