In July 2026, the median home sale price in Palm Bay (32908), FL was $287,450, with homes selling in an average of 97 days — faster than the 117-day average last year, indicating stronger demand. A total of 174 homes sold in this period, down from 175 last year.
The median list price of Palm Bay (32908), FL, was $47,000 in July 2026, compared to $47,000 in July 2025.
Palm Bay (32908), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32908), FL, was $374,999 in July 2026, compared to $359,995 in July 2025.
Palm Bay (32908), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Palm Bay (32908), FL, was $0 in July 2026, compared to $0 in July 2025.
Palm Bay (32908), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Palm Bay (32908), FL, was $47,000 in July 2026, compared to $47,000 in July 2025.
Palm Bay (32908), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32908), FL, was $20,000 in July 2026, compared to $0 in July 2025.
Palm Bay (32908), FL Housing Market Analysis
There are currently 261 homes listed for sale in Palm Bay (32908), FL, an increase of 80.00% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $120,829 (up 23.41% year-over-year), and the average price per square foot is $195 compared to $193 in 2025. Properties spend an average of 435 days on the market before going under contract.
