Population: 14,172 · Density: 284.9/mi² · Median household income: $63,043
Typical home value: $227,932 · Homeownership: 90.3%
Data as of January 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32908) currently shows 268 active listings, with 73 pending sales. Homes are averaging 94 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.
The median listing price has fallen 2.3% year-over-year, from $360,075 to $351,950.
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 $ |
|---|---|---|---|---|---|---|
| 32908 | Palm Bay, FL 32908 | 0.0 mi | 268 | $99,134,004 | $351,950 | $369,903 |
| 32909 | Palm Bay, FL 32909 | 4.4 mi | 488 | $178,379,616 | $347,000 | $365,532 |
| 32950 | Malabar, FL 32950 | 7.4 mi | 21 | $16,195,515 | $700,000 | $771,215 |
| 32949 | Grant, FL 32949 | 9.3 mi | 43 | $36,150,745 | $674,991 | $840,715 |
| 32951 | Melbourne Beach, FL 32951 | 11.2 mi | 176 | $191,331,184 | $749,000 | $1,087,109 |
| 32934 | Melbourne, FL 32934 | 12.4 mi | 74 | $51,357,998 | $562,225 | $694,027 |
| 32935 | Melbourne, FL 32935 | 13.4 mi | 222 | $72,886,374 | $289,900 | $328,317 |
| 32937 | Satellite Beach, FL 32937 | 16.0 mi | 208 | $137,957,664 | $540,000 | $663,258 |
| 32940 | Melbourne, FL 32940 | 18.4 mi | 417 | $240,462,633 | $460,605 | $576,649 |
| 32967 | Vero Beach, FL 32967 | 22.2 mi | 417 | $253,542,672 | $460,000 | $608,016 |
| 32955 | Rockledge, FL 32955 | 23.8 mi | 271 | $151,878,698 | $379,000 | $560,438 |
| 32952 | Merritt Island, FL 32952 | 25.0 mi | 163 | $143,543,342 | $578,000 | $880,634 |
| 32931 | Cocoa Beach, FL 32931 | 25.6 mi | 256 | $164,916,224 | $479,450 | $644,204 |
As of January 2026, there are 268 active listings in PALM BAY, FL (zip code 32908), compared to 290 the prior year.
The median listing price in PALM BAY, FL 32908 is $351,950 as of January 2026, a 2.3% decrease from $360,075 the prior year.
Homes in PALM BAY, FL 32908 spend an average of 94 days on the market before going under contract, compared to 94 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PALM BAY, FL 32908 is currently a Balanced Market. Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32908 save an estimated $7,039 compared to a typical 5% commission on the median listing price of $351,950. 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.