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32909 Real Estate Market
Real numbers from your local market. Explained for regular people.
As of September 27, 2026
116
Homes For Sale
Active inventory buyers can choose from
24
New In The Last 30 Days
Listings newly added to the market
22
Price Changes In The Last 30 Days
Homes that changed price this week
25
Went Under Contract
Homes that found a buyer this week
0
Back On Market
Homes returned for sale this week
1901 Trapper
Palm Bay, FL 32909
3 bd · 2 ba · 1,779 sq ft
Single Family
$183 per sq ft · No HOA
1198 Kevitt
Palm Bay, FL 32909
3 bd · 2 ba · 1,530 sq ft
Single Family
$180 per sq ft · No HOA
556 Awin
Palm Bay, FL 32909
3 bd · 2 ba · 1,464 sq ft
Single Family
$164 per sq ft · No HOA
1342 Tordira
Palm Bay, FL 32909
4 bd · 3 ba · 2,171 sq ft
Single Family
$164 per sq ft · No HOA
2878 Dagget
Palm Bay, FL 32909
4 bd · 2 ba · 1,808 sq ft
Single Family
$200 per sq ft · No HOA
974 Weslaco
Palm Bay, FL 32909
3 bd · 2 ba · 1,808 sq ft
Single Family
$185 per sq ft · No HOA
1294 Valencia
Palm Bay, FL 32909
4 bd · 2 ba · 1,825 sq ft
Single Family
$197 per sq ft · No HOA
1465 Summer
Palm Bay, FL 32909
4 bd · 3 ba · 2,435 sq ft
Single Family
$187 per sq ft · No HOA
Data courtesy of Stellar MLS as distributed by MLS GRID as of Sep 26, 2026 6:01 AM ET through Sep 27, 2026 6:01 AM ET.
Buyers Have More Negotiating Power
9.9 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 9.9 months to sell the homes currently available.
Real estate term: Months of Supply
$310,994
Typical Sale Price
$186
Typical Price Per Sq. Ft.
100.0%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $500,000.
29 days
Typical Time To Sell
4.3%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of September 27, 2026
31.9%
Of Homes For Sale Are Below Their Original Asking Price
4
Price Changes This Week
22
Price Changes In The Last 30 Days
3.4%
Share Of Inventory That Changed Price This Week
$15,000 (5.6%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
A Balanced Market
5.0 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 5.0 months to sell the homes currently available.
Real estate term: Months of Supply
$310,994
Typical Sale Price
$186
Typical Price Per Sq. Ft.
100.0%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $500,000.
29 days
Typical Time To Sell
1.7%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of September 27, 2026
48.3%
Of Homes For Sale Are Below Their Original Asking Price
4
Price Changes This Week
17
Price Changes In The Last 30 Days
6.9%
Share Of Inventory That Changed Price This Week
$20,000 (4.9%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of September 27, 2026
$299K -> $352.5K Up 17.9% over the last 12 months
The typical sale price moved from $299,000 in Sep 2025 to $352,450 in Aug 2026, up $53,450.
As of September 27, 2026
| Metric | 32909 Now | Last Year | Palm Bay |
|---|---|---|---|
| Homes For Sale | 116 | 60 | 411 |
| Typical Sale Price | $310,994 32909 is 10.6% lower | $291,739 | $347,896 |
| Homes Sold, 30 Days | 10 | 10 | 36 |
As of September 27, 2026, homes in 32909 had 9.9 months of supply, compared with 10.4 months across Palm Bay as a whole. The typical home here took 29 days to sell, against 53 days citywide.
Not every home is the same, so if more large or expensive homes sell in a given month, the typical sale price can rise even when the market has not really changed.
1,562 sq ft
Typical Size Of Homes Sold
50.0%
New Construction
Mix By Property Type
The market statistics above describe all of ZIP code 32909. Enter your property address in Palm Bay, FL for a property-specific estimate based on your home, not the blended ZIP averages.
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No, 32909 currently favors buyers more than sellers right now. As of September 27, 2026, 32909 shows 9.9 months of supply and 116 active listings, conditions typical of a buyer's market in Palm Bay. Individual results still depend on pricing, condition, and location within the ZIP code.
The typical home in 32909 took 29 days to sell as of September 27, 2026, counting total time on market including any earlier listing periods for the same property. That figure reflects recent closed sales in Palm Bay, not just the homes currently listed for sale in the ZIP code today.
Homes in 32909 sold for about 100.0% of asking price as of September 27, 2026, based on the median close-to-list ratio over the last 30 days, meaning a home listed at $500,000 typically sold for about $500,000. That figure includes homes that sold above list and below list within ZIP code 32909.
32909 is currently a buyer's market as of September 27, 2026, with about 9.9 months of supply and 116 homes currently for sale. Months of supply compares active inventory to recent sales, and values below about 4 months generally favor sellers while values above about 6 months favor buyers in Palm Bay.
Home prices in 32909 were up 6.6% year over year as of September 27, 2026, comparing the median sale price from the last 90 days with the same period a year earlier. Monthly swings can differ, but that figure shows the broader price direction for closed sales in ZIP code 32909.
As of September 27, 2026, there are 116 homes for sale in ZIP code 32909, representing active MLS listings buyers can shop today. That count shifts weekly as new listings arrive and others go under contract, so check back for the latest inventory in the ZIP code.
Selling a home in 32909 through HomeJam starts at $499 for the DIY tier, with Guided at 1 percent and Concierge at 2.5 percent of the sale price. Your total cost depends on which tier you choose plus other transaction expenses such as title, taxes and any concessions you agree to.
Market statistics are calculated using MLS data for ZIP code 32909.
Data is updated weekly. Last updated September 27, 2026.
Data courtesy of Stellar MLS as distributed by MLS GRID as of September 1, 2025 through September 27, 2026.
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