Data as of July 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32908) currently shows 306 active listings, with 91 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 77 days on market compared to 85 days last year.
The median listing price has risen 1.8% year-over-year, from $360,075 to $366,512.
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: 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 July 2026, there are 306 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 $366,512 as of July 2026, a 1.8% increase from $360,075 the prior year.
Homes in PALM BAY, FL 32908 spend an average of 77 days on the market before going under contract, compared to 85 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PALM BAY, FL 32908 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 77 days on market compared to 85 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32908 save an estimated $7,330 compared to a typical 5% commission on the median listing price of $366,512. 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.