In July 2026, the median home sale price in Palm Bay (32907), FL was $285,000, with homes selling in an average of 80 days — slower than the 71-day average last year, suggesting buyers have more negotiating room. A total of 131 homes sold in this period, down from 156 last year.
The median list price of Palm Bay (32907), FL, was $329,750 in July 2026, compared to $253,750 in July 2025.
Palm Bay (32907), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32907), FL, was $356,900 in July 2026, compared to $275,500 in July 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 July 2026, compared to $0 in July 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 $49,450 in July 2026, compared to $46,500 in July 2025.
Palm Bay (32907), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32907), FL, was $44,900 in July 2026, compared to $1,600,000 in July 2025.
Palm Bay (32907), FL Housing Market Analysis
There are currently 86 homes listed for sale in Palm Bay (32907), FL, an increase of 126.32% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $319,192 (up 37.24% year-over-year), and the average price per square foot is $198 compared to $185 in 2025. Properties spend an average of 155 days on the market before going under contract.
