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Palm Bay, FL 32908 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: 0.07
ActiveActive listings: 190190PendingPending sales: 1313
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): $338k$338kSoldMedian sold price (last 6 months): $332k$332k
What homes actually sell for in Palm Bay, FL
Distribution of 338 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $306k to $361k
$210k to $240k: 8 sales$210k$240k to $270k: 16 sales$270k to $300k: 38 sales$270k$300k to $330k: 87 sales87sales$330k to $360k: 86 sales$330k$360k to $390k: 48 sales$390k to $420k: 11 sales$390k$420k to $450k: 11 salesMedian $332k

What the numbers say

As of October 26, 2026, Resideline is tracking 190 active listings and 13 pending sales in ZIP code 32908. That pending-to-active ratio of 0.07 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 $338,245, while the median of the 338 closed sales Resideline tracked over the last six months was $332,450. 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 92 days.

Frequently asked questions

What is the median home price in 32908?

The median closed sale price in Palm Bay, FL 32908 was $332,450 over the last six months, based on 338 closed sales tracked by Resideline. The middle half of those sales ranged from $305,900 to $361,250.

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

Resideline is currently tracking 13 pending sales against 190 active listings in 32908, a pending-to-active ratio of 0.07. 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, 32908 is currently a typical-pace market.

Nearby ZIP code market data

Full Palm Bay, FL housing market report →

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