Market Intelligence · FL / Palm Bay

Palm Bay, FL 32905 Housing Market

The typical home in Palm Bay's 32905 ZIP code is worth $237,007, down 4.9% over the past year. The median list price is $257,000, and homes are taking a median of 68 days on market to sell.

Updated June 2026Median value$237K

The median home value in Palm Bay, FL 32905 is $237K as of June 2026, down 4.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 32905 range

$218K to $256K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-4.9% over 12 months

Typical home value in 32905 over the last 12 months: $249K in Jun 2025 to $237K in Jun 2026 (-4.9%).

Jun 2025$249K

Jun 2026$237K

The numbers

What is the 32905 housing market like?

Typical home value

$237K

Down4.9%YoY

Median list price

$257K

Days on market

68

Up6.3%MoM

Homes for sale

143

Price cuts

23.7%

New listings

56

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 32905 home prices compare?

  • 32905$237,007
  • Palm Bay$311,331
  • Florida$347,135
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Palm Bay: 4 ZIPs; Florida: 923 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 143 homes for sale in 32905, with 56 new listings added. The median list price sits at $257,000, while the typical home value is $237,007, down 4.9% over the past year. Homes are spending a median of 68 days on market, and 23.7% of listings have had a price cut. For sellers, this is a slower market where realistic pricing and patience matter.

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