$8,311 Closing Credit*
$699,900
3,580 SqFt
5 Beds
•4 Full Baths, 1 Partial
Richard L. McKinney, Listing Office: RE/MAX Gold
Is Indiantown, 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, Indiantown was a Seller's Market.
Key Takeaway
Indiantown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indiantown, FL
How much do homes in Indiantown, FL cost?
Median Sold Price
$720,000
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+7.5%)
Key Takeaway
Homes in Indiantown have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Indiantown was $720,000 in October 2024, up 7.5% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $390K | N/A |
| 2 Bedrooms | $454.9K | $441.5K | -3.0% |
| 3 Bedrooms | $595K | $568.7K | -4.4% |
| 4 Bedrooms | $778K | $865K | +11.2% |
| 5+ Bedrooms | $1.1M | $1.1M | +1.1% |
Summary: Indiantown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Palm City | $617.3K | $698.3K | +13.1% |
| Indiantown | $670K | $720K | +7.5% |
| Port Salerno-Hobe Sound | $469.8K | $499.9K | +6.4% |
| Port Saint Lucie | $389.6K | $404.2K | +3.8% |
| Hobe Sound | $546.2K | $498.5K | -8.7% |
Housing Supply in Indiantown, FL
How many homes are available in Indiantown, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 90 | +3.4% |
Summary: The Indiantown real estate market had 90 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 28 | 27 | -3.6% |
| 5+ Bedrooms | 17 | 21 | +23.5% |
Summary: The Indiantown 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 33.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indiantown, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Indiantown in October 2024, down by 30.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Indiantown, FL
How long does it take to sell a home in Indiantown, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 47 Days | -5.3% |
Summary: Homes in Indiantown had an average of 47 days on market in Oct 2024, down by 5.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indiantown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Indiantown; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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