Palm Bay, FL 32907 Housing Market
- Active listings31currently for sale
- Pending sales70under contract
- Median asking price$344,900current listings
- Inventory age30 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)603a tracked sample, not a market total
- Median sold price$315,000last 6 months
- Middle half of sold prices$255k to $370k25th to 75th percentile
What the numbers say
As of September 7, 2026, Resideline is tracking 31 active listings and 70 pending sales in ZIP code 32907. That pending-to-active ratio of 2.26 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $344,900, while the median of the 603 closed sales Resideline tracked over the last six months was $315,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 32907 has been on the market for 30 days.
Frequently asked questions
What is the median home price in 32907?
The median closed sale price in Palm Bay, FL 32907 was $315,000 over the last six months, based on 603 closed sales tracked by Resideline. The middle half of those sales ranged from $255,000 to $370,000.
Is 32907 a buyer's or seller's market?
Resideline is currently tracking 70 pending sales against 31 active listings in 32907, a pending-to-active ratio of 2.26. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 32907 currently looks like a seller's market.
Nearby ZIP code market data
- 32909 Palm Bay, FL
- 32908 Palm Bay, FL
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- 32259 Saint Johns, FL
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