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All market snapshots / 32908

Palm Bay, FL 32908 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.08
ActiveActive listings: 5252PendingPending sales: 5656
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): $359k$359kSoldMedian sold price (last 6 months): $334k$334k
What homes actually sell for in Palm Bay, FL
Distribution of 361 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $360k
$213k to $249k: 14 sales$213k$249k to $285k: 24 sales$285k to $321k: 83 sales$285k$321k to $356k: 127 sales127sales$356k to $392k: 49 sales$356k$392k to $428k: 14 sales$428k to $464k: 9 sales$428k$464k to $500k: 3 salesMedian $334k

What the numbers say

As of August 3, 2026, Resideline is tracking 52 active listings and 56 pending sales in ZIP code 32908. That pending-to-active ratio of 1.08 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $359,150, while the median of the 361 closed sales Resideline tracked over the last six months was $333,600. 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 $333,600 over the last six months, based on 361 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $359,500.

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

Resideline is currently tracking 56 pending sales against 52 active listings in 32908, a pending-to-active ratio of 1.08. 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.

Nearby ZIP code market data

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