32908, Palm Bay, FL

The 32908 zip code of Palm Bay, FL has a median home value of $187,000 and a median home equity of $110,000. This is significantly lower than the statewide median home value of $217,500 and statewide median home equity of $157,200. The primary reason for this discrepancy may be the low number of homes in the 32908 zip code. There are only 2,811 homes in the zip code which may account for some of the difference in values. Additionally, Palm Bay is located in Brevard County which has a much lower population density than other counties in Florida. This could also contribute to the lower home values in this area.

Despite these factors, it is still possible to purchase a home in the 32908 zip code if you have enough money saved up. The average list price for homes in this area is around $209,000 so you would need to save around 20% ($41,800) on average to be able to afford a property here. If you are looking for an affordable place to live that is close to many amenities and attractions, then Palm Bay may be a good option for you.