In October 2026, the median home sale price in Palm Bay (32908), FL was $289,900, with homes selling in an average of 116 days — slower than the 89-day average last year, suggesting buyers have more negotiating room. A total of 140 homes sold in this period, up from 106 last year — a sign of an active market.
The median list price of Palm Bay (32908), FL, was $47,000 in October 2026, compared to $47,000 in October 2025.
Palm Bay (32908), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32908), FL, was $340,000 in October 2026, compared to $315,000 in October 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 October 2026, compared to $0 in October 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 October 2026, compared to $47,000 in October 2025.
Palm Bay (32908), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32908), FL, was $34,950 in October 2026, compared to $0 in October 2025.
Palm Bay (32908), FL Housing Market Analysis
There are currently 216 homes listed for sale in Palm Bay (32908), FL, an increase of 46.94% 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 $111,214 (up 17.36% year-over-year), and the average price per square foot is $186 compared to $177 in 2025. Properties spend an average of 524 days on the market before going under contract.
