How much is a home in 32908 worth?

The typical home value in 32908 is $318,029, down 1.6% over the past year.

How fast are homes selling in 32908?

Homes in 32908 spend a median of 74 days on the market. There were 198 homes for sale as of 2026-08-01, with 56 new listings added.

Are sellers cutting prices in 32908?

Yes, 18.3% of listings in 32908 have had a price cut as of 2026-08-01.

Market Intelligence · FL / Palm Bay

Palm Bay, FL 32908 Housing Market

The typical home in Palm Bay's 32908 ZIP code is worth $318,029, down 1.6% over the past year. The median list price sits at $367,250, and homes spend a median of 74 days on the market before selling.

Updated August 2026Median value$318K

The median home value in Palm Bay, FL 32908 is $318K as of August 2026, down 1.6% 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 32908 range

$293K to $343K

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

-1.6% over 12 months

Aug 2025$323K

Low $318KHigh $323K

Aug 2026$318K

The numbers

What is the 32908 housing market like?

As of August 2026

Typical home value

$318K

1.6%YoY

Median list price

$367K

0.2%MoM

Days on market

3.9%MoM

Homes for sale

198

8.8%MoM

Price cuts

18.3%

25.8%MoM

New listings

3.4%MoM

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

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The comparison

How do 32908 home prices compare?

32908$318,029
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

As of 2026-08-01, there were 198 homes for sale in 32908, with 56 new listings hitting the market. The typical home value is $318,029, a decline of 1.6% over the past year, while the median list price of $367,250 remains well above that figure. Homes are taking a median of 74 days to sell, and 18.3% of listings have had a price cut. That gap between asking prices and actual values, combined with slower sales pace, points to a market that favors buyers more than it did a year ago. If you are thinking about selling, pricing realistically from day one matters more than testing the market.

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