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All market snapshots / 32909

Palm Bay, FL 32909 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 250250PendingPending 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): $360k$360kSoldMedian sold price (last 6 months): $332k$332k
What homes actually sell for in Palm Bay, FL
Distribution of 625 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $290k to $372k
$172k to $214k: 24 sales$172k$214k to $256k: 44 sales$256k to $297k: 75 sales$256k$297k to $339k: 166 sales166sales$339k to $380k: 149 sales$339k$380k to $422k: 49 sales$422k to $463k: 40 sales$422k$463k to $505k: 15 salesMedian $332k

What the numbers say

As of October 5, 2026, Resideline is tracking 250 active listings and 20 pending sales in ZIP code 32909. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $359,900, while the median of the 625 closed sales Resideline tracked over the last six months was $331,990. 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 $331,990 over the last six months, based on 625 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 250 active listings in 32909, a pending-to-active ratio of 0.08. 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, 32909 currently looks like a balanced market.

Nearby ZIP code market data

Full Palm Bay, FL housing market report →

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