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Palm Bay, FL 32907 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 172172PendingPending sales: 2222
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): $343k$343kSoldMedian sold price (last 6 months): $317k$317k
What homes actually sell for in Palm Bay, FL
Distribution of 589 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $260k to $380k
$135k to $176k: 18 sales$135k$176k to $216k: 30 sales$216k to $257k: 69 sales$216k$257k to $298k: 99 sales$298k to $339k: 101 sales101sales$298k$339k to $380k: 94 sales$380k to $420k: 72 sales$380k$420k to $461k: 47 salesMedian $317k

What the numbers say

As of October 5, 2026, Resideline is tracking 172 active listings and 22 pending sales in ZIP code 32907. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $343,470, while the median of the 589 closed sales Resideline tracked over the last six months was $317,000. 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. Resideline has been seeing the median active listing in 32907 for 68 days.

Frequently asked questions

What is the median home price in 32907?

The median closed sale price in Palm Bay, FL 32907 was $317,000 over the last six months, based on 589 closed sales tracked by Resideline. The middle half of those sales ranged from $259,608 to $379,990.

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

Resideline is currently tracking 22 pending sales against 172 active listings in 32907, a pending-to-active ratio of 0.13. 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 balanced market.

Nearby ZIP code market data

Full Palm Bay, FL housing market report →

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