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Palm Bay, FL 32908 Housing Market

Data snapshot: September 14, 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: 169169PendingPending 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): $325k$325kSoldMedian sold price (last 6 months): $334k$334k
What homes actually sell for in Palm Bay, FL
Distribution of 358 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $307k to $362k
$209k to $240k: 10 sales$209k$240k to $271k: 15 sales$271k to $302k: 43 sales$271k$302k to $332k: 85 sales$332k to $363k: 102 sales102sales$332k$363k to $394k: 40 sales$394k to $425k: 16 sales$394k$425k to $456k: 12 salesMedian $334k

What the numbers say

As of September 14, 2026, Resideline is tracking 169 active listings and 18 pending sales in ZIP code 32908. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $325,000, while the median of the 358 closed sales Resideline tracked over the last six months was $334,000. 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 32908 for 67 days.

Frequently asked questions

What is the median home price in 32908?

The median closed sale price in Palm Bay, FL 32908 was $334,000 over the last six months, based on 358 closed sales tracked by Resideline. The middle half of those sales ranged from $306,900 to $361,555.

Is 32908 a buyer's or seller's market?

Resideline is currently tracking 18 pending sales against 169 active listings in 32908, a pending-to-active ratio of 0.11. 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, 32908 currently looks like a balanced market.

Nearby ZIP code market data

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