Data as of July 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32905) currently shows 191 active listings, with 57 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 74 days on market compared to 75 days last year.
The median listing price has fallen 5.1% year-over-year, from $268,750 to $255,000.
Whether you are buying or selling in PALM BAY, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 24,971 · Density: 993.8/mi² · Median household income: $54,145
Typical home value: $182,602 · Homeownership: 57.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32905 | Palm Bay, FL 32905 | 0.0 mi | 211 | $62,169,462 | $262,473 | $294,642 |
| 32950 | Malabar, FL 32950 | 4.1 mi | 25 | $18,758,250 | $675,000 | $750,330 |
| 32903 | Indialantic, FL 32903 | 5.4 mi | 151 | $112,241,320 | $695,000 | $743,320 |
| 32908 | Palm Bay, FL 32908 | 7.9 mi | 301 | $114,076,291 | $359,975 | $378,991 |
| 32935 | Melbourne, FL 32935 | 8.3 mi | 273 | $93,803,892 | $289,450 | $343,604 |
| 32934 | Melbourne, FL 32934 | 9.9 mi | 77 | $57,537,018 | $570,613 | $747,234 |
| 32904 | Melbourne, FL 32904 | 11.7 mi | 187 | $80,800,269 | $425,000 | $432,087 |
| 32940 | Melbourne, FL 32940 | 16.0 mi | 461 | $265,052,411 | $450,000 | $574,951 |
| 32948 | Fellsmere, FL 32948 | 18.9 mi | 25 | $18,795,225 | $697,750 | $751,809 |
| 32952 | Merritt Island, FL 32952 | 20.2 mi | 171 | $152,546,535 | $574,000 | $892,085 |
| 32967 | Vero Beach, FL 32967 | 23.6 mi | 489 | $308,978,073 | $455,800 | $631,857 |
| 32963 | Vero Beach, FL 32963 | 24.9 mi | 570 | $1,181,160,270 | $1,150,000 | $2,072,211 |
| 34773 | Saint Cloud, FL 34773 | 25.6 mi | 132 | $55,219,032 | $409,990 | $418,326 |
As of July 2026, there are 191 active listings in PALM BAY, FL (zip code 32905), compared to 217 the prior year.
The median listing price in PALM BAY, FL 32905 is $255,000 as of July 2026, a 5.1% decrease from $268,750 the prior year.
Homes in PALM BAY, FL 32905 spend an average of 74 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PALM BAY, FL 32905 is currently a Seller's Market. Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 74 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32905 save an estimated $5,100 compared to a typical 5% commission on the median listing price of $255,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.