In June 2026, the median home sale price in Palm Bay (32905), FL was $279,000, with homes selling in an average of 58 days — faster than the 74-day average last year, indicating stronger demand. A total of 69 homes sold in this period, up from 56 last year — a sign of an active market.
The median list price of Palm Bay (32905), FL, was $287,245 in June 2026, compared to $257,498 in June 2025.
Palm Bay (32905), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32905), FL, was $375,000 in June 2026, compared to $279,000 in June 2025.
Palm Bay (32905), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Palm Bay (32905), FL, was $185,000 in June 2026, compared to $165,000 in June 2025.
Palm Bay (32905), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Palm Bay (32905), FL, was $109,900 in June 2026, compared to $0 in June 2025.
Palm Bay (32905), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32905), FL, was $3,400,000 in June 2026, compared to $3,950,000 in June 2025.
Palm Bay (32905), FL Housing Market Analysis
There are currently 56 homes listed for sale in Palm Bay (32905), FL, an increase of 300.00% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $389,377 (down 39.02% year-over-year), and the average price per square foot is $174 compared to $195 in 2025. Properties spend an average of 113 days on the market before going under contract.