32908 — Palm Bay, FL Home Values
Typical home value $318,981 as of June 2026 · 15th of 26 in Palm Bay-Melbourne-Titusville, FL
Blue: typical home value (Zillow ZHVI) in ZIP code 32908, June 2021 to June 2026. This page shows observed data only; no forecast.
How 32908 compares in the Palm Bay-Melbourne-Titusville, FL area
ZIP code 32908 (Palm Bay, FL) has a typical home value of $318,981 as of June 2026, ranking 15th of 26 ZIP codes tracked in the Palm Bay-Melbourne-Titusville, FL area, more expensive than about 46% of ZIP codes in the metro. Prices here have moved -2.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.0%, from $255,261 in June 2021 to $318,981 in June 2026. Against observed rent, the typical home here sells for 12.7× the annual rent ($2,094/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Palm Bay-Melbourne-Titusville, FL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Palm Bay.
Population and demographics
ZIP code 32908 has a population of 14,970, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 51.5% White, 20.5% Hispanic or Latino, 17.5% Black or African American, 7.7% two or more races, 2.2% another race, and 0.6% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| BAYSIDE HIGH SCHOOL | 1901 DEGROODT RD SW, PALM BAY, FL | 1.4 mi |
| WESTSIDE ELEMENTARY SCHOOL | 2175 DEGROODT RD SW, PALM BAY, FL | 1.7 mi |
| JUPITER ELEMENTARY SCHOOL | 950 TUPELO RD SW, PALM BAY, FL | 2.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 32908?
$318,981 as of June 2026, the latest month Zillow has published observed data for.
Is 32908 an expensive ZIP code in the Palm Bay-Melbourne-Titusville, FL area?
32908 ranks 15th of 26 ZIP codes in the Palm Bay-Melbourne-Titusville, FL area by typical home value, more expensive than about 46% of ZIP codes in the metro.
How much have home values in 32908 changed over the past year?
-2.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 32908?
The typical home price is 12.7× the observed annual rent in this ZIP code ($2,094/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 32908?
14,970, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 32908?
BAYSIDE HIGH SCHOOL (1.4 mi), WESTSIDE ELEMENTARY SCHOOL (1.7 mi), JUPITER ELEMENTARY SCHOOL (2.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 32908?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Palm Bay-Melbourne-Titusville, FL forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.