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All market snapshots / 32907

Palm Bay, FL 32907 Housing Market

Data snapshot: September 7, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 2.26
ActiveActive listings: 3131PendingPending sales: 7070
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): $345k$345kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Palm Bay, FL
Distribution of 603 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $255k to $370k
$130k to $171k: 23 sales$130k$171k to $212k: 28 sales$212k to $254k: 65 sales$212k$254k to $295k: 97 sales$295k to $336k: 125 sales125sales$295k$336k to $377k: 99 sales$377k to $419k: 61 sales$377k$419k to $460k: 44 salesMedian $315k

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

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