Data as of April 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32908) currently shows 293 active listings, with 106 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has tightened compared to last year, with 34 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 79 days on market compared to 60 days last year.
The median listing price has fallen 1.8% year-over-year, from $369,225 to $362,500.
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 April 2026, there are 293 active listings in PALM BAY, FL (zip code 32908), compared to 327 the prior year.
The median listing price in PALM BAY, FL 32908 is $362,500 as of April 2026, a 1.8% decrease from $369,225 the prior year.
Homes in PALM BAY, FL 32908 spend an average of 79 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PALM BAY, FL 32908 is currently a Balanced Market. Inventory has tightened compared to last year, with 34 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 79 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32908 save an estimated $7,250 compared to a typical 5% commission on the median listing price of $362,500. 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.