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All market snapshots / 32907

Palm Bay, FL 32907 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 164164PendingPending sales: 1818
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): $341k$341kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Palm Bay, FL
Distribution of 548 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $260k to $375k
$150k to $189k: 20 sales$150k$189k to $227k: 36 sales$227k to $266k: 73 sales$227k$266k to $305k: 91 sales$305k to $344k: 93 sales93sales$305k$344k to $382k: 84 sales$382k to $421k: 51 sales$382k$421k to $460k: 46 salesMedian $315k

What the numbers say

As of October 26, 2026, Resideline is tracking 164 active listings and 18 pending sales in ZIP code 32907. That pending-to-active ratio of 0.11 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $340,650, while the median of the 548 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. Resideline has been seeing the median active listing in 32907 for 80 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 548 closed sales tracked by Resideline. The middle half of those sales ranged from $260,000 to $375,000.

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

Resideline is currently tracking 18 pending sales against 164 active listings in 32907, a pending-to-active ratio of 0.11. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 32907 is currently a typical-pace market.

Nearby ZIP code market data

Full Palm Bay, FL housing market report →

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