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Palm Bay, FL 32908 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.06
ActiveActive listings: 4747PendingPending sales: 5050
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): $332k$332kSoldMedian sold price (last 6 months): $335k$335k
What homes actually sell for in Palm Bay, FL
Distribution of 365 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $306k to $363k
$213k to $245k: 13 sales$213k$245k to $277k: 18 sales$277k to $309k: 48 sales$277k$309k to $342k: 118 sales118sales$342k to $374k: 77 sales$342k$374k to $406k: 33 sales$406k to $438k: 12 sales$406k$438k to $470k: 8 salesMedian $335k

What the numbers say

As of August 26, 2026, Resideline is tracking 47 active listings and 50 pending sales in ZIP code 32908. That pending-to-active ratio of 1.06 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $331,990, while the median of the 365 closed sales Resideline tracked over the last six months was $334,900. 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 3 days.

Frequently asked questions

What is the median home price in 32908?

The median closed sale price in Palm Bay, FL 32908 was $334,900 over the last six months, based on 365 closed sales tracked by Resideline. The middle half of those sales ranged from $305,990 to $363,000.

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

Resideline is currently tracking 50 pending sales against 47 active listings in 32908, a pending-to-active ratio of 1.06. 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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