Palm Bay, FL 32909 Housing Market
- Active listings66currently for sale
- Pending sales60under contract
- Median asking price$359,900current listings
- Inventory age4 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)682a tracked sample, not a market total
- Median sold price$324,500last 6 months
- Middle half of sold prices$275k to $365k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 66 active listings and 60 pending sales in ZIP code 32909. That pending-to-active ratio of 0.91 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $359,900, while the median of the 682 closed sales Resideline tracked over the last six months was $324,500. 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 4 days.
Frequently asked questions
What is the median home price in 32909?
The median closed sale price in Palm Bay, FL 32909 was $324,500 over the last six months, based on 682 closed sales tracked by Resideline. The middle half of those sales ranged from $275,000 to $365,251.
Is 32909 a buyer's or seller's market?
Resideline is currently tracking 60 pending sales against 66 active listings in 32909, a pending-to-active ratio of 0.91. 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.