In October 2026, the median home sale price in Palm Bay (32908), FL was $267,000, with homes selling in an average of 93 days — faster than the 102-day average last year, indicating stronger demand. A total of 37 homes sold in this period, up from 20 last year — a sign of an active market.
The median list price of Palm Bay (32908), FL, was $48,413 in October 2026, compared to $52,215 in October 2025.
Palm Bay (32908), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32908), FL, was $345,000 in October 2026, compared to $399,000 in October 2025.
Palm Bay (32908), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Palm Bay (32908), FL, was $0 in October 2026, compared to $0 in October 2025.
Palm Bay (32908), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Palm Bay (32908), FL, was $45,000 in October 2026, compared to $48,856 in October 2025.
Palm Bay (32908), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32908), FL, was $34,900 in October 2026, compared to $0 in October 2025.
Palm Bay (32908), FL Housing Market Analysis
There are currently 117 homes listed for sale in Palm Bay (32908), FL, an increase of 225.00% 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 $139,245 (up 39.13% year-over-year), and the average price per square foot is $184 compared to $191 in 2025. Properties spend an average of 213 days on the market before going under contract.