In August 2026, the median home sale price in Palm Bay (32905), FL was $280,195, with homes selling in an average of 62 days — faster than the 72-day average last year, indicating stronger demand. A total of 74 homes sold in this period, up from 55 last year — a sign of an active market.
The median list price of Palm Bay (32905), FL, was $289,000 in August 2026, compared to $269,995 in August 2025.
Palm Bay (32905), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32905), FL, was $344,500 in August 2026, compared to $294,700 in August 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 $234,950 in August 2026, compared to $175,000 in August 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 $165,750 in August 2026, compared to $199,500 in August 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 August 2026, compared to $3,950,000 in August 2025.
Palm Bay (32905), FL Housing Market Analysis
There are currently 53 homes listed for sale in Palm Bay (32905), FL, an increase of 253.33% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $407,982 (down 33.61% year-over-year), and the average price per square foot is $173 compared to $181 in 2025. Properties spend an average of 121 days on the market before going under contract.
