In August 2026, the median home sale price in Palm Bay (32908), FL was $289,900, with homes selling in an average of 104 days — faster than the 114-day average last year, indicating stronger demand. A total of 177 homes sold in this period, up from 170 last year — a sign of an active market.
The median list price of Palm Bay (32908), FL, was $47,000 in August 2026, compared to $47,000 in August 2025.
Palm Bay (32908), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32908), FL, was $372,500 in August 2026, compared to $364,990 in August 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 August 2026, compared to $0 in August 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 $47,000 in August 2026, compared to $47,000 in August 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 August 2026, compared to $28,000 in August 2025.
Palm Bay (32908), FL Housing Market Analysis
There are currently 245 homes listed for sale in Palm Bay (32908), FL, an increase of 71.33% 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 $113,504 (up 19.42% year-over-year), and the average price per square foot is $191 compared to $194 in 2025. Properties spend an average of 473 days on the market before going under contract.
