$4,619 Closing Credit*
$389,000
1,477 SqFt
3 Beds
•2 Full Baths
#1030189, Lisa E Ramsey, Listing Office: Keller Williams Realty Brevard
Is Indialantic, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$580,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$59,500(-9.3%)
Key Takeaway
Homes in Indialantic have sold for 9.3% less than they did a year ago.
Summary: The median home sold price in Indialantic was $580,000 in October 2024, down 9.3% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $225K | +4.7% |
| 2 Bedrooms | $335K | $370K | +10.4% |
| 3 Bedrooms | $622.5K | $594.2K | -4.5% |
| 4 Bedrooms | $784K | $750K | -4.3% |
| 5+ Bedrooms | $957K | $1.0M | +14.4% |
Summary: Indialantic housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Cities
| Melbourne Beach | $675K | $714.5K | +5.9% |
| Indialantic-Melbourne Beach | $540.3K | $550K | +1.8% |
| Indialantic | $639.5K | $580K | -9.3% |
Housing Supply in Indialantic, FL
How many homes are available in Indialantic, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 132 | 136 | +3.0% |
Summary: The Indialantic real estate market had 136 homes for sale in October 2024, a 3.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 22 | 22 | 0.0% |
| 3 Bedrooms | 53 | 58 | +9.4% |
| 4 Bedrooms | 39 | 40 | +2.6% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Indialantic housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 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. 100% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Indialantic in October 2024, down by 37.5% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 83 Days | +98.2% |
Summary: Homes in Indialantic had an average of 83 days on market in Oct 2024, up by 98.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Indialantic has remained consistent over time.
Summary: During October 2024, 10 homes were sold in Indialantic; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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