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Palm Bay, FL 32907 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.86
ActiveActive listings: 3636PendingPending sales: 6767
Palm Bay, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $349k$349kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Palm Bay, FL
Distribution of 556 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $255k to $370k
$110k to $155k: 17 sales$110k$155k to $201k: 28 sales$201k to $246k: 49 sales$201k$246k to $291k: 105 sales$291k to $336k: 117 sales117sales$291k$336k to $382k: 94 sales$382k to $427k: 56 sales$382k$427k to $472k: 35 salesMedian $315k

What the numbers say

As of August 3, 2026, Resideline is tracking 36 active listings and 67 pending sales in ZIP code 32907. That pending-to-active ratio of 1.86 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $348,945, while the median of the 556 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 4 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 556 closed sales tracked by Resideline. The middle half of those sales ranged from $255,000 to $369,550.

Is 32907 a buyer's or seller's market?

Resideline is currently tracking 67 pending sales against 36 active listings in 32907, a pending-to-active ratio of 1.86. 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

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