In August 2026, the median home sale price in Palm Bay (32907), FL was $290,000, with homes selling in an average of 81 days — slower than the 77-day average last year, suggesting buyers have more negotiating room. A total of 135 homes sold in this period, down from 156 last year.
The median list price of Palm Bay (32907), FL, was $329,250 in August 2026, compared to $269,900 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 $354,900 in August 2026, compared to $282,250 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 $49,262 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 $44,600 in August 2026, compared to $1,600,000 in August 2025.
Palm Bay (32907), FL Housing Market Analysis
There are currently 84 homes listed for sale in Palm Bay (32907), FL, an increase of 95.35% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $317,490 (up 15.87% year-over-year), and the average price per square foot is $199 compared to $189 in 2025. Properties spend an average of 167 days on the market before going under contract.
