In August 2026, the median home sale price in Palm Bay (32909), FL was $298,000, with homes selling in an average of 72 days — slower than the 67-day average last year, suggesting buyers have more negotiating room. A total of 229 homes sold in this period, down from 245 last year.
The median list price of Palm Bay (32909), FL, was $225,000 in August 2026, compared to $239,500 in August 2025.
Palm Bay (32909), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32909), FL, was $348,995 in August 2026, compared to $329,450 in August 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 August 2026, compared to $245,000 in August 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 $48,902 in August 2026, compared to $47,000 in August 2025.
Palm Bay (32909), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32909), FL, was $55,000 in August 2026, compared to $0 in August 2025.
Palm Bay (32909), FL Housing Market Analysis
There are currently 161 homes listed for sale in Palm Bay (32909), FL, an increase of 87.21% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $204,145 (down 0.15% year-over-year), and the average price per square foot is $193 compared to $187 in 2025. Properties spend an average of 273 days on the market before going under contract.
