In August 2026, the median home sale price in Palm Bay (32908), FL was $277,000, with homes selling in an average of 98 days — faster than the 116-day average last year, indicating stronger demand. A total of 176 homes sold in this period, up from 169 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 $375,000 in August 2026, compared to $367,445 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 $32,400 in August 2026, compared to $28,000 in August 2025.
Palm Bay (32908), FL Housing Market Analysis
There are currently 266 homes listed for sale in Palm Bay (32908), FL, an increase of 82.19% 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 $122,252 (up 26.98% year-over-year), and the average price per square foot is $195 compared to $195 in 2025. Properties spend an average of 438 days on the market before going under contract.
