Area data
Palm bay, FL — ZIP 32908
Population: 16,535 (Census ACS)
The median home value in ZIP 32908 (Palm bay, FL) is $320,296 — down 2.0% over the past year. Homes sell for a median $330,000 after a median 96 days on market. Typical rent runs $2,089/month. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with hurricane, lightning, inlandflooding the top-rated hazards. Cost of living is 1.0% above the US average (BEA, metro/state-level).
$320,296
Median home value
-2.0%
1-year change
96
Median days on market
Relatively High
Hazard risk (county)
Home values & appreciation
- Median home value
- $320,296
- 1-year appreciation
- -2.0%
- 3-year appreciation
- -4.7%
- 5-year appreciation
- +22.0%
- 10-year appreciation
- +102.9%
- All-time peak (2022-09)
- $345,986
- House Price Index (state)
- 542.2 (-2.6% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $330,000
- Median list price
- $343,990
- Median price per sqft
- $186
- 1-year sale-price change
- 0.0%
- Median days on market
- 96 days
- Homes sold (recent period)
- 158
- For-sale inventory
- 144
- Sale-to-list ratio
- 98.6%
- Active listings
- 245
- 1-year forecast
- -0.1%
- Days to pending
- 66 days
- New listings (monthly)
- 30
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $2,089/mo
- 1-year rent change
- +3.5%
- Studio fair-market rent
- $1,500/mo
- 1BR fair-market rent
- $1,750/mo
- 2BR fair-market rent
- $2,020/mo
- 3BR fair-market rent
- $2,750/mo
- 4BR fair-market rent
- $3,130/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Above Average)
- 101.0 (100 = US avg)
- Electricity rate (state-level)
- 15.2¢/kWh
- Natural gas rate (state-level)
- $25.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 3
- Elementary schools
- 2
- Middle schools
- 0
- High schools
- 1
- Schools include
- JUPITER ELEMENTARY SCHOOL, BAYSIDE HIGH SCHOOL, WESTSIDE ELEMENTARY SCHOOL
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively High
- Top hazards (county)
- hurricane, lightning, inlandFlooding, strongWind, tornado
- Notable hazard ratings (county)
- coastalFlooding: Relatively Moderate · coldWave: Relatively Low · drought: Relatively Low · hail: Relatively Low · heatWave: Relatively Moderate · hurricane: Very High
- FEMA flood zone
- AE
- Flood risk level
- High
- Wildfire risk to homes (county)
- Higher than 98% of US counties
- Buildings in wildfire direct-exposure zone
- 24.1%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Harris Corp. (Palm Bay Plant) (7.8 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 73.0°F
- Average high
- 83.0°F
- Average low
- 63.0°F
- Annual precipitation
- 53.3 in
- USDA plant hardiness zone
- 10a (extreme annual low 30 to 35°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 43
- Days with Good air quality
- 279
- Days with Moderate air quality
- 85
- Highest AQI recorded (year)
- 130
Source: EPA air quality data (nearest monitoring station, annual)
Walkability & transit
- Walkability index
- 6.3 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 10,787
- Jobs reachable by transit (45 min)
- 16,596
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Canaveral National Seashore (58 mi)
- Airports within 30 mi
- 22
- Nearest airport
- Valkaria Airport (9 mi)
- Nearest major airport
- Melbourne Orlando International Airport (MLB) (11 mi)
- Hospitals nearby (~15 mi)
- 5
- Hospitals include
- HOLMES REGIONAL MEDICAL CENTER, CIRCLES OF CARE, INC, ORLANDO HEALTH SEBASTIAN RIVER HOSPITAL
- Avg hospital rating (CMS)
- 3.0 / 5
- Best hospital rating nearby (CMS)
- 4.0 / 5
- Solar radiation rating
- Good (4.9 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +6,872 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 2,003
- Housing built before 1970
- 0.8%
- Housing built 2000 or later
- 61.3%
- Median annual property tax
- $1,825
- Mean commute to work
- 24 min
- Households with broadband internet
- 86.5%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 210,348
- Average weekly wage
- $1,250
- Top industries (by employment)
- Health Care, Accommodation & Food, Professional Services
- Annual residential building permits (county)
- 3,754
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 32908 | State median | US median | |
|---|---|---|---|
| Median home value | $320,296 | $346,549 | $289,727 |
| Median sale price | $330,000 | $359,990 | $325,000 |
| Median days on market | 96 days | 72 days | 51 days |
| Typical rent | $2,089/mo | $2,095/mo | $1,808/mo |
| Median annual property tax | $1,825 | $2,388 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 32908?
- $320,296.
- What is the median sale price in ZIP 32908?
- $330,000.
- How long do homes take to sell in ZIP 32908?
- Median days on market: 96 days.
- What is typical rent in ZIP 32908?
- Typical rent: $2,089/month.
- What is the natural-hazard risk in ZIP 32908?
- Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: hurricane, lightning, inlandFlooding, strongWind, tornado.
- Is ZIP 32908 in a flood zone?
- High (FEMA NFIP). FEMA flood zone AE.
- What is the wildfire risk in ZIP 32908?
- Risk to homes is higher than 98% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 32908?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 32908?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 32908?
- 3 schools (2 elementary, 1 high) (NCES, 2022-23).
- Is ZIP 32908 walkable?
- Walkability index: 6.3/20 (EPA Smart Location Database).
- What is the air quality in ZIP 32908?
- Good. Median AQI: 43. (EPA AQI).
- What is the cost of living in ZIP 32908?
- Regional Price Parity: 101.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →