Is Indialantic, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Indialantic was a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $216.5K | -1.6% |
2 Bedrooms | $375K | $349K | -6.9% |
3 Bedrooms | $621K | $625K | +0.6% |
4 Bedrooms | $730.5K | $815K | +11.6% |
5+ Bedrooms | $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 | $600K | $627.1K | +4.5% |
Indialantic-Melbourne Beach | $534K | $541.3K | +1.4% |
Melbourne Beach | $685K | $660K | -3.6% |
Housing Supply in Indialantic, FL
How many homes are available in Indialantic, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
90 | 110 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 14 | 21 | +50.0% |
3 Bedrooms | 48 | 56 | +16.7% |
4 Bedrooms | 24 | 25 | +4.2% |
5+ Bedrooms | 4 | 6 | +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 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 2023 | Feb 2024 | CHANGE |
---|---|---|
43 Days | 60 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
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.