How much is a home in 32907 worth?

The typical home value in Palm Bay, FL 32907 is $302,787. That figure is down 1.7% over the past year.

How long does it take to sell a home in 32907?

Homes in 32907 spend a median of 67 days on the market. There are currently 289 homes for sale.

Are sellers cutting prices in 32907?

Yes, 16.6% of listings in 32907 have had a price cut. The median list price stands at $349,900.

Market Intelligence · FL / Palm Bay

Palm Bay, FL 32907 Housing Market

The typical home value in Palm Bay, FL 32907 is $302,787, down 1.7% over the past year. Homes currently carry a median list price of $349,900 and spend a median of 67 days on the market. The market here is cooling modestly rather than collapsing.

Updated August 2026Median value$303K

The median home value in Palm Bay, FL 32907 is $303K as of August 2026, down 1.7% 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 32907 range

$279K to $327K

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

-1.7% over 12 months

Aug 2025$308K

Low $303KHigh $308K

Aug 2026$303K

The numbers

What is the 32907 housing market like?

As of August 2026

Typical home value

$303K

1.7%YoY

Median list price

$350K

0.9%MoM

Days on market

11.7%MoM

Homes for sale

289

0.3%MoM

Price cuts

16.6%

26.6%MoM

New listings

100

6.4%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 32907 home prices compare?

32907$302,787
Palm Bay$310,120
Florida$345,153
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Palm Bay: 4 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

There are 289 homes for sale in 32907 as of 2026-08-01, with 100 new listings added. That is a decent amount of competition for any seller entering the market. Buyers are taking their time, with homes sitting a median of 67 days before going under contract. Meanwhile, 16.6% of listings have taken a price cut, which fits with typical values slipping 1.7% over the past year. For a seller, the honest read is that pricing realistically from day one matters more than it did a year ago.

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