Population: 24,971 · Density: 993.8/mi² · Median household income: $54,145
Typical home value: $182,602 · Homeownership: 57.7%
Data as of January 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32905) currently shows 197 active listings, with 45 pending sales. Homes are averaging 82 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 82 days on market compared to 77 days last year.
The median listing price has risen 1.2% year-over-year, from $256,995 to $260,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32905 | Palm Bay, FL 32905 | 0.0 mi | 197 | $57,038,001 | $260,000 | $289,533 |
| 32950 | Malabar, FL 32950 | 4.1 mi | 21 | $16,195,515 | $700,000 | $771,215 |
| 32903 | Indialantic, FL 32903 | 5.4 mi | 142 | $106,123,274 | $649,900 | $747,347 |
| 32908 | Palm Bay, FL 32908 | 7.9 mi | 268 | $99,134,004 | $351,950 | $369,903 |
| 32935 | Melbourne, FL 32935 | 8.3 mi | 222 | $72,886,374 | $289,900 | $328,317 |
| 32934 | Melbourne, FL 32934 | 9.9 mi | 74 | $51,357,998 | $562,225 | $694,027 |
| 32904 | Melbourne, FL 32904 | 11.7 mi | 178 | $76,616,006 | $429,900 | $430,427 |
| 32940 | Melbourne, FL 32940 | 16.0 mi | 417 | $240,462,633 | $460,605 | $576,649 |
| 32948 | Fellsmere, FL 32948 | 18.9 mi | 20 | $15,593,880 | $707,750 | $779,694 |
| 32952 | Merritt Island, FL 32952 | 20.2 mi | 163 | $143,543,342 | $578,000 | $880,634 |
| 32967 | Vero Beach, FL 32967 | 23.6 mi | 417 | $253,542,672 | $460,000 | $608,016 |
| 32963 | Vero Beach, FL 32963 | 24.9 mi | 534 | $1,099,671,540 | $1,150,000 | $2,059,310 |
| 34773 | Saint Cloud, FL 34773 | 25.6 mi | 132 | $54,344,928 | $409,990 | $411,704 |
As of January 2026, there are 197 active listings in PALM BAY, FL (zip code 32905), compared to 206 the prior year.
The median listing price in PALM BAY, FL 32905 is $260,000 as of January 2026, a 1.2% increase from $256,995 the prior year.
Homes in PALM BAY, FL 32905 spend an average of 82 days on the market before going under contract, compared to 77 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PALM BAY, FL 32905 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 82 days on market compared to 77 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32905 save an estimated $5,200 compared to a typical 5% commission on the median listing price of $260,000. 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.