Data as of September 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32907) currently shows 411 active listings, with 131 pending sales. Homes are averaging 67 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 67 days on market compared to 59 days last year.
The median listing price has risen 2.8% year-over-year, from $339,950 to $349,500.
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 September 2026, there are 411 active listings in PALM BAY, FL (zip code 32907), compared to 404 the prior year.
The median listing price in PALM BAY, FL 32907 is $349,500 as of September 2026, a 2.8% increase from $339,950 the prior year.
Homes in PALM BAY, FL 32907 spend an average of 67 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PALM BAY, FL 32907 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 67 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32907 save an estimated $6,990 compared to a typical 5% commission on the median listing price of $349,500. 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.