Is Satellite Beach, FL 32937 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Satellite Beach is a seller’s market. With about 3.6 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score26/ 100

More competitive than 21% of U.S. ZIP codes, and #250 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.6Under 4 months = seller’s market
Sold above original list9.1%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$298▼ −0.3% vs. last year

The Satellite Beach housing market right now

In the three months ending August 31, 2026, 9% of homes in Satellite Beach, FL 32937 sold above their list price, the typical home went under contract in 52 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 169 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 3%, homes sold faster (78 days then) and the median sale price fell 1% to $509,779. Overall, Satellite Beach is more competitive than a year ago, so tougher for buyers.

Within Brevard County, homes here sell faster than in 84% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Satellite Beach ranks #250 of 796 FL ZIP codes with enough sales (score 26 out of 100).

Nearby, buyers who want less competition could look at Grant 32949 (0% sold over asking) or Cape Canaveral 32920 (0% sold over asking), while Malabar 32950 (18% sold over asking) and Palm Bay 32908 (16% sold over asking) are even more competitive.

Nearby markets

Cape Canaveral 32920Balanced $249 /sq ftCocoa 32922Balanced $184 /sq ftCocoa 32926Seller’s market $209 /sq ftCocoa 32927Seller’s market $216 /sq ft Browse all markets →

Where Satellite Beach is

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Questions about Satellite Beach real estate

Is Satellite Beach a buyer’s or seller’s market?

A seller’s market: there were 3.6 months of supply in Satellite Beach, FL 32937 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Satellite Beach?

The typical home went under contract in 52 days in the latest three months.

Do homes in Satellite Beach sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.

What are property taxes in Satellite Beach?

About 0.68% of a home’s value a year in Brevard County, or roughly $2,720 on a $400,000 home.

What is the median home price in Satellite Beach?

The median sale price was $509,779 in the three months ending August 31, 2026, about $298 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology