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Home values, rents and more in ZIP code 32905 (Palm Bay, FL)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$232,000
Metro: $342,000 · U.S.: $366,000
Home values, past year
−4.0%
Metro: −0.5% · U.S.: +1.2%
Typical rent
$1,591/mo
Metro: $1,887 · U.S.: $1,932
Rents, past year
+0.3%
Metro: +1.9% · U.S.: +2.9%
Population
24,792
ACS 2020–24
Median household income
$56,411
Metro: $78,476 · U.S.: $80,734
ZIP codes around 32905, shaded by typical home value32905329503290732901329513290832903
  • Under $270k
  • $270k–$320k
  • $320k–$450k
  • $450k–$550k
  • $550k+
  • No data
ZIP codes around 32905, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 32905 is outlined.

How 32905 compares

The typical home in ZIP code 32905 (Palm Bay, FL) is worth about $232,000, according to the Zillow Home Value Index for September 2026. Home values in 32905 are 32% below the typical value in the Palm Bay metro area ($342,000) and 37% below the U.S. typical value ($366,000).

Over the past year, home values in 32905 fell 4.0%, compared with −0.5% in the Palm Bay metro area and +1.2% nationally.

Typical rent is $1,591 a month (Zillow Observed Rent Index), 16% below the Palm Bay metro area ($1,887) and 18% below the U.S. ($1,932). Rents rose 0.3% over the past year.

The median household income is $56,411, against $78,476 in the Palm Bay metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 24,792 people live in 32905 (American Community Survey 2020–24).

32905 has the 3rd-lowest typical home value of the 26 ZIP codes in the Palm Bay metro area and the 119th-lowest of 924 in Florida with Zillow figures.

Part of: Palm Bay, FL · Brevard County, FL · Palm Bay metro area · Florida

More for 32905 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 32905 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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