Is Indialantic, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indialantic is a buyer's market

Buyer's
Market

Difference Since September 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

$575,391

$318/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$54,608(-8.7%)

Key Takeaway

Homes in Indialantic have sold for 8.7% less than they did a year ago.

Summary: The median home sold price in Indialantic was $575,391 in September 2024, down 8.7% from last year, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $215K$225K
+4.7%
2 $335K$370K
+10.4%
3 $612.5K$592K
-3.3%
4 $794.5K$760K
-4.3%
5+ $957K$975K
+1.9%

Summary: Indialantic housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Melbourne Beach
+9.9%
Indialantic-Melbourne Beach
+3.5%
Indialantic
-8.7%

Housing Supply in Indialantic, FL

How many homes are available in Indialantic, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
144148+2.8%

Summary: The Indialantic real estate market had 148 homes for sale in September 2024, a 2.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 23
+50.0%
2 2120
-4.8%
3 6159
-3.3%
4 4650
+8.7%
5+ 1416
+14.3%

Summary: The Indialantic housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2614-46.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 14 homes were sold or pending in Indialantic in September 2024, down by 46.2% month-over-month. Of the 14 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

Sep 2023Sep 2024CHANGE
66 Days61 Days-8.2%

Summary: Homes in Indialantic had an average of 61 days on market in Sep 2024, down by 8.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Indialantic has remained consistent over time.

Summary: During September 2024, 14 homes were sold in Indialantic; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Indialantic, FL

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