$10,000 Closing Credit*
$1,195,000
2,467 SqFt
3 Beds
•3 Full Baths
Dorenda Wentworth, Listing Office: Wentworth Realty Group
Is Iona, 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, Iona was a Neutral 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
$389,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,250(+10.6%)
Key Takeaway
Homes in Iona have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Iona was $389,000 in October 2024, up 10.6% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.4K | $165K | -24.1% |
| 2 Bedrooms | $276.3K | $275K | -0.5% |
| 3 Bedrooms | $477.5K | $530K | +11.0% |
| 4 Bedrooms | $1.1M | $999K | -15.9% |
| 5+ Bedrooms | $1.3M | $662K | -50.8% |
Summary: Iona housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.1%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes decreased by 50.8%.
Housing Supply in Iona, FL
How many homes are available in Iona, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 299 | 336 | +12.4% |
Summary: The Iona real estate market had 336 homes for sale in October 2024, a 12.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 127 | 143 | +12.6% |
| 3 Bedrooms | 132 | 148 | +12.1% |
| 4 Bedrooms | 29 | 34 | +17.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Iona 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 12.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Iona, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Iona in October 2024, down by 15.8% month-over-month. Of the 16 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 107 Days | +93.4% |
Summary: Homes in Iona had an average of 107 days on market in Oct 2024, up by 93.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Iona are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Iona; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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.