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All market snapshots / 32908

Palm Bay, FL 32908 Housing Market

Data snapshot: September 10, 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: 166166PendingPending sales: 1919
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): $335k$335kSoldMedian sold price (last 6 months): $334k$334k
What homes actually sell for in Palm Bay, FL
Distribution of 368 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $307k to $363k
$209k to $242k: 13 sales$209k$242k to $274k: 17 sales$274k to $307k: 43 sales$274k$307k to $339k: 120 sales120sales$339k to $372k: 84 sales$339k$372k to $405k: 30 sales$405k to $437k: 15 sales$405k$437k to $470k: 9 salesMedian $334k

What the numbers say

As of September 10, 2026, Resideline is tracking 166 active listings and 19 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 $335,000, while the median of the 368 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 64 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 368 closed sales tracked by Resideline. The middle half of those sales ranged from $306,900 to $363,000.

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

Resideline is currently tracking 19 pending sales against 166 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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