$7,113 Closing Credit*
$599,000
1,596 SqFt
3 Beds
•2 Full Baths
LeAne Taylor Suarez, Listing Office: John R. Wood Properties
Is Iona, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Iona has remained a Buyer's Market.
Key Takeaway
Iona is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Iona, FL
How much do homes in Iona, FL cost?
Median Sold Price
$390,833
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,833(+11.7%)
Key Takeaway
Homes in Iona have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Iona was $390,833 in November 2024, up 11.7% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $165K | -25.0% |
| 2 Bedrooms | $275K | $275K | 0.0% |
| 3 Bedrooms | $475K | $520K | +9.5% |
| 4 Bedrooms | $1.1M | $1.2M | +9.1% |
| 5+ Bedrooms | $1.0M | $716K | -34.2% |
Summary: Iona housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25%, 2 bedroom homes did not change, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 34.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Iona | $350K | $390.8K | +11.7% |
| San Carlos Bay / Bunche Beach Preserve | $600K | $642K | +7.0% |
Housing Supply in Iona, FL
How many homes are available in Iona, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 325 | 426 | +31.1% |
Summary: The Iona real estate market had 426 homes for sale in November 2024, a 31.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 10 | +66.7% |
| 2 Bedrooms | 136 | 186 | +36.8% |
| 3 Bedrooms | 149 | 187 | +25.5% |
| 4 Bedrooms | 32 | 35 | +9.4% |
| 5+ Bedrooms | 2 | 8 | +300.0% |
Summary: The Iona housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 36.8%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
20 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 Iona, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Iona in November 2024, up by 25.0% month-over-month. Of the 20 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Iona, FL
How long does it take to sell a home in Iona, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 100 Days | +48.0% |
Summary: Homes in Iona had an average of 100 days on market in Nov 2024, up by 48% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Iona has remained consistent over time.
Summary: During November 2024, 20 homes were sold in Iona; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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