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Palm Bay, FL 32909 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 211211PendingPending sales: 2020
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): $330k$330k
What homes actually sell for in Palm Bay, FL
Distribution of 675 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $290k to $372k
$165k to $208k: 24 sales$165k$208k to $250k: 36 sales$250k to $292k: 88 sales$250k$292k to $335k: 175 sales175sales$335k to $378k: 162 sales$335k$378k to $420k: 68 sales$420k to $462k: 41 sales$420k$462k to $505k: 14 salesMedian $330k

What the numbers say

As of September 14, 2026, Resideline is tracking 211 active listings and 20 pending sales in ZIP code 32909. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $338,000, while the median of the 675 closed sales Resideline tracked over the last six months was $330,000. 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 32909 for 66 days.

Frequently asked questions

What is the median home price in 32909?

The median closed sale price in Palm Bay, FL 32909 was $330,000 over the last six months, based on 675 closed sales tracked by Resideline. The middle half of those sales ranged from $290,000 to $372,000.

Is 32909 a buyer's or seller's market?

Resideline is currently tracking 20 pending sales against 211 active listings in 32909, a pending-to-active ratio of 0.09. 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, 32909 currently looks like a balanced market.

Nearby ZIP code market data

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