32909, Palm Bay, FL Housing Market

ZIP code 32909's median home value is $320K, down 0.9% over the past year. Homes here sell in a median 60 days. Its PropertyIQ Score of 15 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

PropertyIQ provides ZIP-code-level market intelligence for 32909, Palm Bay, FL — going deeper than metro or county averages to reveal neighborhood-specific demand dynamics. By tracking Zillow home-value momentum alongside Realtor.com market-flow signals — median days on market and the share of listings with price cuts — specifically within ZIP code 32909, PropertyIQ predicts which micro-markets within FL are positioned to outperform.

South Atlantic ZIP codes benefit from sustained migration inflows, but hyperlocal performance varies widely between neighborhoods. PropertyIQ's ZIP-level scoring helps distinguish between ZIP codes riding a temporary wave and those with durable, block-by-block demand fundamentals. Within the South Atlantic, ZIP code 32909's PropertyIQ Score of 15 runs below the South Atlantic norm.

The PropertyIQ Score for 32909, Palm Bay, FL is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Explore 32909, Palm Bay, FL's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.