Data as of February 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32907) currently shows 367 active listings, with 104 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 65 days on market compared to 57 days last year.
The median listing price has risen 1.5% year-over-year, from $344,900 to $349,997.
Whether you are buying or selling in PALM BAY, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 47,823 · Density: 1,042.8/mi² · Median household income: $67,002
Typical home value: $229,226 · Homeownership: 86.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32907 | Palm Bay, FL 32907 | 0.0 mi | 348 | $127,842,324 | $349,900 | $367,363 |
| 32905 | Palm Bay, FL 32905 | 5.1 mi | 197 | $57,038,001 | $260,000 | $289,533 |
| 32904 | Melbourne, FL 32904 | 6.7 mi | 178 | $76,616,006 | $429,900 | $430,427 |
| 32909 | Palm Bay, FL 32909 | 7.9 mi | 488 | $178,379,616 | $347,000 | $365,532 |
| 32903 | Indialantic, FL 32903 | 8.6 mi | 142 | $106,123,274 | $649,900 | $747,347 |
| 32949 | Grant, FL 32949 | 10.3 mi | 43 | $36,150,745 | $674,991 | $840,715 |
| 32937 | Satellite Beach, FL 32937 | 11.8 mi | 208 | $137,957,664 | $540,000 | $663,258 |
| 32940 | Melbourne, FL 32940 | 14.7 mi | 417 | $240,462,633 | $460,605 | $576,649 |
| 32958 | Sebastian, FL 32958 | 19.3 mi | 260 | $148,420,480 | $395,000 | $570,848 |
| 32952 | Merritt Island, FL 32952 | 20.9 mi | 163 | $143,543,342 | $578,000 | $880,634 |
| 32931 | Cocoa Beach, FL 32931 | 21.4 mi | 256 | $164,916,224 | $479,450 | $644,204 |
| 32967 | Vero Beach, FL 32967 | 24.9 mi | 417 | $253,542,672 | $460,000 | $608,016 |
| 34739 | Kenansville, FL 34739 | 26.8 mi | 5 | $2,401,400 | $389,000 | $480,280 |
As of February 2026, there are 367 active listings in PALM BAY, FL (zip code 32907), compared to 396 the prior year.
The median listing price in PALM BAY, FL 32907 is $349,997 as of February 2026, a 1.5% increase from $344,900 the prior year.
Homes in PALM BAY, FL 32907 spend an average of 65 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PALM BAY, FL 32907 is currently a Balanced Market. Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32907 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $349,997. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.