Data as of September 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32908) currently shows 293 active listings, with 101 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 74 days on market compared to 78 days last year.
The median listing price has risen 3.2% year-over-year, from $351,973 to $363,225.
Population: 14,172 · Density: 284.9/mi² · Median household income: $63,043
Typical home value: $227,932 · Homeownership: 90.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32908 | Palm Bay, FL 32908 | 0.0 mi | 301 | $114,076,291 | $359,975 | $378,991 |
| 32909 | Palm Bay, FL 32909 | 4.4 mi | 509 | $190,442,350 | $354,923 | $374,150 |
| 32950 | Malabar, FL 32950 | 7.4 mi | 25 | $18,758,250 | $675,000 | $750,330 |
| 32949 | Grant, FL 32949 | 9.3 mi | 47 | $34,436,994 | $609,725 | $732,702 |
| 32951 | Melbourne Beach, FL 32951 | 11.2 mi | 193 | $207,179,131 | $740,750 | $1,073,467 |
| 32934 | Melbourne, FL 32934 | 12.4 mi | 77 | $57,537,018 | $570,613 | $747,234 |
| 32935 | Melbourne, FL 32935 | 13.4 mi | 273 | $93,803,892 | $289,450 | $343,604 |
| 32937 | Satellite Beach, FL 32937 | 16.0 mi | 237 | $154,129,632 | $513,750 | $650,336 |
| 32940 | Melbourne, FL 32940 | 18.4 mi | 461 | $265,052,411 | $450,000 | $574,951 |
| 32967 | Vero Beach, FL 32967 | 22.2 mi | 489 | $308,978,073 | $455,800 | $631,857 |
| 32955 | Rockledge, FL 32955 | 23.8 mi | 284 | $165,083,804 | $386,250 | $581,281 |
| 32952 | Merritt Island, FL 32952 | 25.0 mi | 171 | $152,546,535 | $574,000 | $892,085 |
| 32931 | Cocoa Beach, FL 32931 | 25.6 mi | 277 | $174,502,521 | $477,450 | $629,973 |
As of September 2026, there are 293 active listings in PALM BAY, FL (zip code 32908), compared to 318 the prior year.
The median listing price in PALM BAY, FL 32908 is $363,225 as of September 2026, a 3.2% increase from $351,973 the prior year.
Homes in PALM BAY, FL 32908 spend an average of 74 days on the market before going under contract, compared to 78 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PALM BAY, FL 32908 is currently a Seller's Market. Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 74 days on market compared to 78 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32908 save an estimated $7,265 compared to a typical 5% commission on the median listing price of $363,225. 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.