Altos Market Data for Realtors
Palm Bay, FL 32907
Single-Family Homes
Schedule a demo today at AltosResearch.com
Palm Bay, FL 32907
Sat Apr 25 2026
This week the median list price for Palm Bay, FL 32907 is $364,900 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 247.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $364,900 | |
| Median Price of New Listings | $349,900 | |
| Per Square Foot | $197 | |
| Average Days on Market | 108 | |
| Median Days on Market | 63 | |
| Price Decreased | 40% | |
| Price Increased | 8% | |
| Relisted | 4% | |
| Inventory | 247 | |
| Median Rent | ||
| Market Action | 36 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $459,620 | 2,330 | 0.25 - 0.5 acre | 4 | 3 | 3 | 5 | 1 | 56 |
| $391,972 | 1,947 | 0.25 - 0.5 acre | 4 | 2 | 4 | 5 | 5 | 63 |
| $339,450 | 1,765 | 0.25 - 0.5 acre | 3 | 2 | 20 | 6 | 8 | 63 |
| $275,000 | 1,356 | 0.25 - 0.5 acre | 3 | 2 | 40 | 8 | 12 | 63 |