Is Indian Rocks Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Indian Rocks Beach has remained a Seller's Market.
Key Takeaway
Indian Rocks Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Indian Rocks Beach, FL
How much do homes in Indian Rocks Beach, FL cost?
Median Sold Price
$950,000
$633/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Indian Rocks Beach have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Indian Rocks Beach was $950,000 in May 2024, up 13.1% from last year, and the median price per square foot was $633.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $397.5K | $307.7K | -22.6% |
| 2 Bedrooms | $709K | $773K | +9.0% |
| 3 Bedrooms | $880.3K | $1.0M | +18.1% |
| 4 Bedrooms | $1.9M | $1.2M | -34.0% |
| 5+ Bedrooms | $1.8M | $2.3M | +27.0% |
Summary: Indian Rocks Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.6%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 27%.
Median Sold Price Compared To Nearby Cities
| Belleair Beach | $810K | $959.5K | +18.5% |
| Indian Rocks Beach | $840K | $950K | +13.1% |
| Boca Ciega | $473.8K | $476.5K | +0.6% |
| Indian Shores | $700K | $666.4K | -4.8% |
Housing Supply in Indian Rocks Beach, FL
How many homes are available in Indian Rocks Beach, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 114 | 114 | 0.0% |
Summary: The Indian Rocks Beach real estate market had 114 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 44 | 42 | -4.5% |
| 3 Bedrooms | 32 | 37 | +15.6% |
| 4 Bedrooms | 23 | 16 | -30.4% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Indian Rocks Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 28 | +100.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Rocks Beach, you may be able to get a good deal. 89.3% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Indian Rocks Beach in May 2024, up by 100.0% month-over-month. Of the 28 sold homes, 89% were sold under asking, 4% were sold at asking, and 7% were sold over asking.
Days on Market for Indian Rocks Beach, FL
How long does it take to sell a home in Indian Rocks Beach, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 76 Days | +89.8% |
Summary: Homes in Indian Rocks Beach had an average of 76 days on market in May 2024, up by 89.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Indian Rocks Beach has remained consistent over time.
Summary: During May 2024, 28 homes were sold in Indian Rocks Beach; 21% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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