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All market snapshots / 32908

Palm Bay, FL 32908 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.62
ActiveActive listings: 6363PendingPending sales: 3939
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): $350k$350kSoldMedian sold price (last 6 months): $334k$334k
What homes actually sell for in Palm Bay, FL
Distribution of 356 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $301k to $361k
$210k to $246k: 12 sales$210k$246k to $282k: 22 sales$282k to $319k: 80 sales$282k$319k to $355k: 114 sales114sales$355k to $391k: 61 sales$355k$391k to $428k: 20 sales$428k to $464k: 7 sales$428k$464k to $500k: 5 salesMedian $334k

What the numbers say

As of July 18, 2026, Resideline is tracking 63 active listings and 39 pending sales in ZIP code 32908. That pending-to-active ratio of 0.62 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $350,000, while the median of the 356 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. The median active listing in 32908 has been on the market for 1 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 356 closed sales tracked by Resideline. The middle half of those sales ranged from $300,888 to $361,250.

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

Resideline is currently tracking 39 pending sales against 63 active listings in 32908, a pending-to-active ratio of 0.62. 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 seller's market.

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