In June 2026, the median home sale price in Palm Bay (32909), FL was $289,900, with homes selling in an average of 70 days — slower than the 69-day average last year, suggesting buyers have more negotiating room. A total of 233 homes sold in this period, down from 245 last year.
The median list price of Palm Bay (32909), FL, was $242,000 in June 2026, compared to $180,499 in June 2025.
Palm Bay (32909), FL Market Trend for Houses
Median List Price
The median list price of houses in Palm Bay (32909), FL, was $359,990 in June 2026, compared to $329,900 in June 2025.
Palm Bay (32909), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Palm Bay (32909), FL, was $0 in June 2026, compared to $0 in June 2025.
Palm Bay (32909), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Palm Bay (32909), FL, was $48,912 in June 2026, compared to $47,000 in June 2025.
Palm Bay (32909), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Palm Bay (32909), FL, was $62,500 in June 2026, compared to $0 in June 2025.
Palm Bay (32909), FL Housing Market Analysis
There are currently 168 homes listed for sale in Palm Bay (32909), FL, an increase of 71.43% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $219,981 (up 11.88% year-over-year), and the average price per square foot is $199 compared to $188 in 2025. Properties spend an average of 261 days on the market before going under contract.