In October 2026, the median home sale price in Palm Bay (32909), FL was $299,888, with homes selling in an average of 66 days — faster than the 71-day average last year, indicating stronger demand. A total of 167 homes sold in this period, up from 164 last year — a sign of an active market.
The median list price of Palm Bay (32909), FL, was $250,000 in October 2026, compared to $222,450 in October 2025.
Palm Bay (32909), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32909), FL, was $332,450 in October 2026, compared to $309,950 in October 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 October 2026, compared to $245,000 in October 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 October 2026, compared to $50,978 in October 2025.
Palm Bay (32909), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32909), FL, was $42,300 in October 2026, compared to $0 in October 2025.
Palm Bay (32909), FL Housing Market Analysis
There are currently 149 homes listed for sale in Palm Bay (32909), FL, an increase of 91.03% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $209,802 (up 6.01% year-over-year), and the average price per square foot is $189 compared to $185 in 2025. Properties spend an average of 288 days on the market before going under contract.