$10,000 Closing Credit*
$975,000
2,157 SqFt
4 Beds
•2 Full Baths
#1032417, Craig Micheletti, Listing Office: LoKation
Is Indialantic, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Indialantic was a Seller's Market.
Key Takeaway
Indialantic is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indialantic, FL
How much do homes in Indialantic, FL cost?
Median Sold Price
$587,500
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$62,500(-9.6%)
Key Takeaway
Homes in Indialantic have sold for 9.6% less than they did a year ago.
Summary: The median home sold price in Indialantic was $587,500 in November 2024, down 9.6% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $221K | +2.8% |
| 2 Bedrooms | $335K | $362.7K | +8.3% |
| 3 Bedrooms | $610K | $615K | +0.8% |
| 4 Bedrooms | $787K | $750K | -4.7% |
| 5+ Bedrooms | $957K | $1.4M | +46.8% |
Summary: Indialantic housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 46.8%.
Median Sold Price Compared To Nearby Cities
| Melbourne Beach | $658.3K | $695K | +5.6% |
| Indialantic-Melbourne Beach | $545.3K | $549.9K | +0.8% |
| Indialantic | $650K | $587.5K | -9.6% |
Housing Supply in Indialantic, FL
How many homes are available in Indialantic, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 138 | 153 | +10.9% |
Summary: The Indialantic real estate market had 153 homes for sale in November 2024, a 10.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 20 | 24 | +20.0% |
| 3 Bedrooms | 63 | 69 | +9.5% |
| 4 Bedrooms | 38 | 40 | +5.3% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The Indialantic housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 19 | +58.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indialantic, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Indialantic in November 2024, up by 58.3% month-over-month. Of the 19 sold homes, 68% were sold under asking, 32% were sold at asking, and 0% were sold over asking.
Days on Market for Indialantic, FL
How long does it take to sell a home in Indialantic, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 86 Days | +89.9% |
Summary: Homes in Indialantic had an average of 86 days on market in Nov 2024, up by 89.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Indialantic are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 19 homes were sold in Indialantic; 37% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
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