$4,619 Closing Credit*
$389,000
1,502 SqFt
2 Beds
•2 Full Baths
#1030314, Sharyl Tabat, Listing Office: RE/MAX Elite
Is Indian Harbour Beach, 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, Indian Harbour Beach was a Seller's Market.
Key Takeaway
Indian Harbour Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indian Harbour Beach, FL
How much do homes in Indian Harbour Beach, FL cost?
Median Sold Price
$448,250
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,750(-0.4%)
Key Takeaway
The sold price of homes in Indian Harbour Beach has remained the same since last year.
Summary: The median home sold price in Indian Harbour Beach was $448,250 in October 2024, down 0.4% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $170K | -5.6% |
| 2 Bedrooms | $300K | $340K | +13.3% |
| 3 Bedrooms | $485K | $478.7K | -1.3% |
| 4 Bedrooms | $710K | $621.2K | -12.5% |
| 5+ Bedrooms | $1.4M | $1.1M | -19.6% |
Summary: Indian Harbour Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 19.6%.
Median Sold Price Compared To Nearby Cities
| Satellite Beach | $498.1K | $547.3K | +9.9% |
| Melbourne | $389.3K | $420.8K | +8.1% |
| Indialantic-Melbourne Beach | $540.3K | $550K | +1.8% |
| Indian Harbour Beach | $450K | $448.2K | -0.4% |
Housing Supply in Indian Harbour Beach, FL
How many homes are available in Indian Harbour Beach, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 96 | +17.1% |
Summary: The Indian Harbour Beach real estate market had 96 homes for sale in October 2024, a 17.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 32 | 43 | +34.4% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 16 | 22 | +37.5% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Indian Harbour Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 34.4%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Harbour Beach, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Indian Harbour Beach in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Indian Harbour Beach, FL
How long does it take to sell a home in Indian Harbour Beach, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 20 Days | -67.9% |
Summary: Homes in Indian Harbour Beach had an average of 20 days on market in Oct 2024, down by 67.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indian Harbour Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Indian Harbour Beach; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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