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Palm Bay, FL 32909 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: 1.25
ActiveActive listings: 5757PendingPending sales: 7171
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): $325k$325k
What homes actually sell for in Palm Bay, FL
Distribution of 672 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $278k to $366k
$165k to $204k: 29 sales$165k$204k to $244k: 33 sales$244k to $283k: 86 sales$244k$283k to $322k: 143 sales$322k to $362k: 168 sales168sales$322k$362k to $401k: 89 sales$401k to $441k: 46 sales$401k$441k to $480k: 11 salesMedian $325k

What the numbers say

As of August 3, 2026, Resideline is tracking 57 active listings and 71 pending sales in ZIP code 32909. That pending-to-active ratio of 1.25 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 672 closed sales Resideline tracked over the last six months was $325,000. 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 32909 has been on the market for 6 days.

Frequently asked questions

What is the median home price in 32909?

The median closed sale price in Palm Bay, FL 32909 was $325,000 over the last six months, based on 672 closed sales tracked by Resideline. The middle half of those sales ranged from $278,000 to $366,000.

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

Resideline is currently tracking 71 pending sales against 57 active listings in 32909, a pending-to-active ratio of 1.25. 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 seller's market.

Nearby ZIP code market data

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