Palm Bay, FL 32907 Housing Market
- Active listings44currently for sale
- Pending sales60under contract
- Median asking price$365,000current listings
- Inventory age4 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)542a tracked sample, not a market total
- Median sold price$310,000last 6 months
- Middle half of sold prices$255k to $370k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 44 active listings and 60 pending sales in ZIP code 32907. That pending-to-active ratio of 1.36 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $365,000, while the median of the 542 closed sales Resideline tracked over the last six months was $310,000. 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 $310,000 over the last six months, based on 542 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 60 pending sales against 44 active listings in 32907, a pending-to-active ratio of 1.36. 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.