How much do homes in Indialantic-Melbourne Beach, FL cost?

Median List Price

$394,967

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$45,333(+13.0%)

Key Takeaway

The list price of homes in Indialantic-Melbourne Beach has increased by 13% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $129K$150.9K+17.0%
2 $229.4K$249.9K+9.0%
3 $355.7K$395K+11.0%
4 $464.9K$499.9K+7.5%
5+ $669K$749.9K+12.1%

Median List Price Compared To Nearby Cities

Indialantic
+37.6%
Melbourne
+19.4%
Indialantic-Melbourne Beach
+13.0%
Satellite Beach
+13.0%
Indian Harbour Beach
+3.3%

How many homes are available in Indialantic-Melbourne Beach, FL?

Number of Homes For Sale

Apr 2021May 2021%
453399-11.9%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 129-25.0%
2 9987-12.1%
3 218200-8.3%
4 8271-13.4%
5+ 4232-23.8%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

May 2020May 2021%
156 Days137 Days-12.2%

Breakdown of Home Sale Times

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About Indialantic-Melbourne Beach, FL

Number of homes for sale in Indialantic-Melbourne Beach, FL real estate market have reached 399.

In May 2021, listings were on the market for 137 days. During the same period, the median list price in this real estate market was $394,967.

From April 2021 through May 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 17%, 2 bedrooms properties prices increased by 9%, 3 bedrooms properties prices increased by 11%, 4 bedrooms properties became 7.5% more expensive, the cost of 5 bedrooms properties went up by 12.1%.

The inventory of homes for sale in Indialantic-Melbourne Beach, FL between April 2021 and May 2021 decreased by 11.9%.

Volume of homes for sale changed: volume of 1 bedroom homes went dowm by 25%, number of 2 bedrooms homes decreased by 12.1%, number of 3 bedrooms homes decreased by 8.3%, number of 4 bedrooms homes decreased by 13.4%, 5 bedrooms homes became 23.8% less available.

While more than 26 listings in Indialantic-Melbourne Beach, FL in May 2021 were sold above asking price, there were more than 20 listings sold at asking price, and more than 32 were sold below.

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