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 February 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

$627,166

$316/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$27,166(+4.5%)

Key Takeaway

Homes in Indialantic have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Indialantic was $627,166 in February 2024, up 4.5% from last year, and the median price per square foot was $316.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $220K$216.5K
-1.6%
2 $375K$349K
-6.9%
3 $621K$625K
+0.6%
4 $730.5K$815K
+11.6%
5+ $900K$1.0M
+17.5%

Summary: Indialantic housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 17.5%.

Median Sold Price Compared To Nearby Cities

Indialantic
+4.5%
Indialantic-Melbourne Beach
+1.4%
Melbourne Beach
-3.6%

Housing Supply in Indialantic, FL

How many homes are available in Indialantic, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
90110+22.2%

Summary: The Indialantic real estate market had 110 homes for sale in February 2024, a 22.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 02
+100.0%
2 1421
+50.0%
3 4856
+16.7%
4 2425
+4.2%
5+ 46
+50.0%

Summary: The Indialantic housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
11110.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 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. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Indialantic in February 2024, the same as the previous month. Of the 11 sold homes, 73% were sold under asking, 27% 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

Feb 2023Feb 2024CHANGE
43 Days60 Days+38.5%

Summary: Homes in Indialantic had an average of 60 days on market in Feb 2024, up by 38.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 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 February 2024, 11 homes were sold in Indialantic; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% 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 2 Days Ago

Newest Listings in Indialantic, FL

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