Data as of September 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32905) currently shows 195 active listings, with 48 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 66 days on market compared to 68 days last year.
The median listing price has risen 5.4% year-over-year, from $250,000 to $263,500.
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 September 2026, there are 195 active listings in PALM BAY, FL (zip code 32905), compared to 210 the prior year.
The median listing price in PALM BAY, FL 32905 is $263,500 as of September 2026, a 5.4% increase from $250,000 the prior year.
Homes in PALM BAY, FL 32905 spend an average of 66 days on the market before going under contract, compared to 68 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PALM BAY, FL 32905 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 66 days on market compared to 68 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32905 save an estimated $5,270 compared to a typical 5% commission on the median listing price of $263,500. 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.