Is Indialantic, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Indialantic was a Seller's Market.
Key Takeaway
Indialantic is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indialantic, FL
How much do homes in Indialantic, FL cost?
Median Sold Price
$593,500
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Indialantic have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Indialantic was $593,500 in June 2024, down 3.1% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $225K | +4.7% |
| 2 Bedrooms | $355K | $352K | -0.8% |
| 3 Bedrooms | $580K | $622.5K | +7.3% |
| 4 Bedrooms | $765K | $784K | +2.5% |
| 5+ Bedrooms | $900K | $1.1M | +22.4% |
Summary: Indialantic housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 22.4%.
Median Sold Price Compared To Nearby Cities
| Melbourne Beach | $657.5K | $722.5K | +9.9% |
| Indialantic-Melbourne Beach | $526K | $550.2K | +4.6% |
| Indialantic | $612.5K | $593.5K | -3.1% |
Housing Supply in Indialantic, FL
How many homes are available in Indialantic, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 161 | 168 | +4.3% |
Summary: The Indialantic real estate market had 168 homes for sale in June 2024, a 4.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 36 | 31 | -13.9% |
| 3 Bedrooms | 69 | 75 | +8.7% |
| 4 Bedrooms | 36 | 42 | +16.7% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Indialantic housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 20 | 12 | -40.0% |
Asking Price vs. Sold Price
12 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 Indialantic, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Indialantic in June 2024, down by 40.0% month-over-month. Of the 12 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Indialantic, FL
How long does it take to sell a home in Indialantic, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 53 Days | 42 Days | -21.4% |
Summary: Homes in Indialantic had an average of 42 days on market in Jun 2024, down by 21.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Indialantic are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 12 homes were sold in Indialantic; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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