Is Palm Bay, FL 32909 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Palm Bay is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score27/ 100

More competitive than 22% of U.S. ZIP codes, and #236 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.7Under 4 months = seller’s market

Sold above original list11.9%Share of sales, last 3 months

Median sale-to-list98.4%Sold price ÷ list price

Median days on market76Listing to accepted offer

Median price per sq ft$193▼ −0.6% vs. last year

Run the numbers for 32909

Prefilled for 32909Can I win this house?Multiple-offer likelihood for a listing Prefilled for 32909Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cape Canaveral 32920Balanced $249 /sq ft Cocoa 32922Balanced $184 /sq ft Cocoa 32926Seller’s market $209 /sq ft Cocoa 32927Seller’s market $216 /sq ft Browse all markets →

Local agents

See all agents in 32909 →

No sponsored agents in 32909 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 32909

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Brevard County property taxes Brevard County loan limits Closing costs in Florida Hottest ZIP codes in Florida

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="32909"><a href="https://offerbacked.com/market/32909">Palm Bay, FL 32909 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology