In July 2026, the median home sale price in Palm Bay (32909), FL was $298,000, with homes selling in an average of 71 days — slower than the 66-day average last year, suggesting buyers have more negotiating room. A total of 233 homes sold in this period, down from 250 last year.
The median list price of Palm Bay (32909), FL, was $225,000 in July 2026, compared to $180,500 in July 2025.
Palm Bay (32909), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32909), FL, was $350,000 in July 2026, compared to $329,000 in July 2025.
Palm Bay (32909), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Palm Bay (32909), FL, was $0 in July 2026, compared to $0 in July 2025.
Palm Bay (32909), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Palm Bay (32909), FL, was $49,000 in July 2026, compared to $47,000 in July 2025.
Palm Bay (32909), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32909), FL, was $62,500 in July 2026, compared to $0 in July 2025.
Palm Bay (32909), FL Housing Market Analysis
There are currently 151 homes listed for sale in Palm Bay (32909), FL, an increase of 64.13% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $209,302 (up 8.28% year-over-year), and the average price per square foot is $198 compared to $189 in 2025. Properties spend an average of 281 days on the market before going under contract.
