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Palm Bay, FL 32909 Housing Market

Data snapshot: September 7, 2026. Closed-sale window: last 6 months.
Palm Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.85
ActiveActive listings: 4646PendingPending sales: 8585
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): $346k$346kSoldMedian sold price (last 6 months): $330k$330k
What homes actually sell for in Palm Bay, FL
Distribution of 679 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $285k to $372k
$166k to $209k: 25 sales$166k$209k to $251k: 41 sales$251k to $293k: 87 sales$251k$293k to $336k: 181 sales181sales$336k to $378k: 156 sales$336k$378k to $420k: 69 sales$420k to $463k: 37 sales$420k$463k to $505k: 15 salesMedian $330k

What the numbers say

As of September 7, 2026, Resideline is tracking 46 active listings and 85 pending sales in ZIP code 32909. That pending-to-active ratio of 1.85 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $346,494, while the median of the 679 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. The median active listing in 32909 has been on the market for 9 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 679 closed sales tracked by Resideline. The middle half of those sales ranged from $285,000 to $371,650.

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

Resideline is currently tracking 85 pending sales against 46 active listings in 32909, a pending-to-active ratio of 1.85. 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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