Data as of April 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32907) currently shows 386 active listings, with 141 pending sales. Homes are averaging 67 days on the market before going under contract.
Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 67 days on market compared to 55 days last year.
The median listing price has risen 4.4% year-over-year, from $344,950 to $360,000.
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: 47,823 · Density: 1,042.8/mi² · Median household income: $67,002
Typical home value: $229,226 · Homeownership: 86.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32907 | Palm Bay, FL 32907 | 0.0 mi | 367 | $135,348,499 | $349,997 | $368,797 |
| 32905 | Palm Bay, FL 32905 | 5.1 mi | 211 | $62,169,462 | $262,473 | $294,642 |
| 32904 | Melbourne, FL 32904 | 6.7 mi | 187 | $80,800,269 | $425,000 | $432,087 |
| 32909 | Palm Bay, FL 32909 | 7.9 mi | 509 | $190,442,350 | $354,923 | $374,150 |
| 32903 | Indialantic, FL 32903 | 8.6 mi | 151 | $112,241,320 | $695,000 | $743,320 |
| 32949 | Grant, FL 32949 | 10.3 mi | 47 | $34,436,994 | $609,725 | $732,702 |
| 32937 | Satellite Beach, FL 32937 | 11.8 mi | 237 | $154,129,632 | $513,750 | $650,336 |
| 32940 | Melbourne, FL 32940 | 14.7 mi | 461 | $265,052,411 | $450,000 | $574,951 |
| 32958 | Sebastian, FL 32958 | 19.3 mi | 291 | $160,717,554 | $396,749 | $552,294 |
| 32952 | Merritt Island, FL 32952 | 20.9 mi | 171 | $152,546,535 | $574,000 | $892,085 |
| 32931 | Cocoa Beach, FL 32931 | 21.4 mi | 277 | $174,502,521 | $477,450 | $629,973 |
| 32967 | Vero Beach, FL 32967 | 24.9 mi | 489 | $308,978,073 | $455,800 | $631,857 |
| 34739 | Kenansville, FL 34739 | 26.8 mi | 6 | $2,869,932 | $384,675 | $478,322 |
As of April 2026, there are 386 active listings in PALM BAY, FL (zip code 32907), compared to 408 the prior year.
The median listing price in PALM BAY, FL 32907 is $360,000 as of April 2026, a 4.4% increase from $344,950 the prior year.
Homes in PALM BAY, FL 32907 spend an average of 67 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PALM BAY, FL 32907 is currently a Balanced Market. Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 67 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32907 save an estimated $7,200 compared to a typical 5% commission on the median listing price of $360,000. 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.