32936
Palm Bay, Florida
Palm Bay 32936 needs watching.
The 32936 ZIP code in Palm Bay, Florida has a median sale price of $940K, down N/A year-over-year. Homes spend an average of 908 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32936.
The 32936 Palm Bay market shows severe stagnation with a median sale price of $940,000 holding flat year-over-year as of July 2016. Properties are averaging 908 days on market, indicating approximately 30 months to sell—an extreme duration that signals fundamental demand weakness. Zero homes are selling above list price, confirming buyers face no competitive pressure and hold complete negotiating leverage in this frozen market environment.
These conditions exclusively favor patient cash buyers and aggressive negotiators who can exploit the 908-day listing cycle. Sellers face punishing timelines and should avoid this market unless relocation or financial distress forces their hand. Investors seeking quick flips will find no exit liquidity, though long-horizon buyers can extract substantial concessions from desperate sellers who've carried properties for nearly three years.
The PropIQ score of 27/100 signals a cautionary environment with limited near-term recovery prospects based on current velocity metrics. The combination of static pricing and extreme days-on-market suggests inventory overhang that must clear before any meaningful appreciation occurs. Monitoring month-over-month DOM trends and the percentage of stale listings withdrawn will indicate whether this market reaches capitulation or remains locked in prolonged equilibrium through 2016.
What is the median home price in 32936 Palm Bay?
The median sale price in 32936 is $940K, down N/A year-over-year as of 2016-07-31.
How long do homes stay on the market in Palm Bay 32936?
Homes in 32936 Palm Bay spend an average of 908 days on market before going under contract.
Is Palm Bay 32936 a good place to invest in real estate?
Folio's PropIQ™ score for 32936 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 32936?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 27 = Caution in 32936 Palm Bay, Florida.