In August 2026, the median home sale price in Palm Bay (32907), FL was $295,000, with homes selling in an average of 81 days — slower than the 78-day average last year, suggesting buyers have more negotiating room. A total of 139 homes sold in this period, down from 158 last year.
The median list price of Palm Bay (32907), FL, was $315,999 in August 2026, compared to $270,000 in August 2025.
Palm Bay (32907), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32907), FL, was $345,000 in August 2026, compared to $291,450 in August 2025.
Palm Bay (32907), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Palm Bay (32907), FL, was $258,500 in August 2026, compared to $0 in August 2025.
Palm Bay (32907), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Palm Bay (32907), FL, was $49,946 in August 2026, compared to $48,000 in August 2025.
Palm Bay (32907), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32907), FL, was $79,900 in August 2026, compared to $1,600,000 in August 2025.
Palm Bay (32907), FL Housing Market Analysis
There are currently 93 homes listed for sale in Palm Bay (32907), FL, an increase of 106.67% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $317,297 (up 10.11% year-over-year), and the average price per square foot is $194 compared to $189 in 2025. Properties spend an average of 167 days on the market before going under contract.
