Data as of February 2026. Source: Realtor.com.
The PALM BAY, FL real estate market (32909) currently shows 509 active listings, with 148 pending sales. Homes are averaging 78 days on the market before going under contract.
Inventory has tightened compared to last year, with 27 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 78 days on market compared to 73 days last year.
The median listing price has fallen 2.8% year-over-year, from $365,000 to $354,923.
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: 36,725 · Density: 245.9/mi² · Median household income: $71,783
Typical home value: $238,527 · Homeownership: 82.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32909 | Palm Bay, FL 32909 | 0.0 mi | 488 | $178,379,616 | $347,000 | $365,532 |
| 32949 | Grant, FL 32949 | 6.4 mi | 43 | $36,150,745 | $674,991 | $840,715 |
| 32976 | Sebastian, FL 32976 | 7.8 mi | 31 | $12,447,616 | $369,990 | $401,536 |
| 32951 | Melbourne Beach, FL 32951 | 9.4 mi | 176 | $191,331,184 | $749,000 | $1,087,109 |
| 32948 | Fellsmere, FL 32948 | 10.3 mi | 20 | $15,593,880 | $707,750 | $779,694 |
| 32901 | Melbourne, FL 32901 | 12.2 mi | 173 | $77,600,015 | $334,500 | $448,555 |
| 32903 | Indialantic, FL 32903 | 14.7 mi | 142 | $106,123,274 | $649,900 | $747,347 |
| 32934 | Melbourne, FL 32934 | 16.3 mi | 74 | $51,357,998 | $562,225 | $694,027 |
| 32967 | Vero Beach, FL 32967 | 17.8 mi | 417 | $253,542,672 | $460,000 | $608,016 |
| 32963 | Vero Beach, FL 32963 | 20.3 mi | 534 | $1,099,671,540 | $1,150,000 | $2,059,310 |
| 32968 | Vero Beach, FL 32968 | 23.6 mi | 143 | $85,414,901 | $496,500 | $597,307 |
| 34773 | Saint Cloud, FL 34773 | 26.9 mi | 132 | $54,344,928 | $409,990 | $411,704 |
| 34739 | Kenansville, FL 34739 | 27.7 mi | 5 | $2,401,400 | $389,000 | $480,280 |
As of February 2026, there are 509 active listings in PALM BAY, FL (zip code 32909), compared to 536 the prior year.
The median listing price in PALM BAY, FL 32909 is $354,923 as of February 2026, a 2.8% decrease from $365,000 the prior year.
Homes in PALM BAY, FL 32909 spend an average of 78 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PALM BAY, FL 32909 is currently a Balanced Market. Inventory has tightened compared to last year, with 27 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 78 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in PALM BAY, FL 32909 save an estimated $7,098 compared to a typical 5% commission on the median listing price of $354,923. 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.