Is Indian Harbour Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indian Harbour Beach is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Indian Harbour Beach has remained a Seller's Market.

Key Takeaway

Indian Harbour Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Indian Harbour Beach, FL

How much do homes in Indian Harbour Beach, FL cost?

Median Sold Price

$450,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$6,250(-1.4%)

Key Takeaway

Homes in Indian Harbour Beach have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Indian Harbour Beach was $450,000 in June 2024, down 1.4% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $183K$170K
-7.1%
2 $307.5K$339K
+10.2%
3 $472K$499K
+5.7%
4 $720K$608.2K
-15.5%
5+ $1.1M$1.3M
+13.0%

Summary: Indian Harbour Beach housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes increased by 13%.

Median Sold Price Compared To Nearby Cities

Satellite Beach
+9.1%
Melbourne
+7.0%
Indialantic-Melbourne Beach
+4.6%
Indian Harbour Beach
-1.4%

Housing Supply in Indian Harbour Beach, FL

How many homes are available in Indian Harbour Beach, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
9294+2.2%

Summary: The Indian Harbour Beach real estate market had 94 homes for sale in June 2024, a 2.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 44
0.0%
2 2530
+20.0%
3 4036
-10.0%
4 1718
+5.9%
5+ 66
0.0%

Summary: The Indian Harbour Beach housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
1917-10.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Indian Harbour Beach, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Indian Harbour Beach in June 2024, down by 10.5% month-over-month. Of the 17 sold homes, 76% were sold under asking, 12% were sold at asking, and 12% were sold over asking.

Days on Market for Indian Harbour Beach, FL

How long does it take to sell a home in Indian Harbour Beach, FL?

Average Sale Time

Jun 2023Jun 2024CHANGE
35 Days48 Days+37.0%

Summary: Homes in Indian Harbour Beach had an average of 48 days on market in Jun 2024, up by 37% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Indian Harbour Beach are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 17 homes were sold in Indian Harbour Beach; 53% of homes were sold within 30 days, 18% 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 15 Days Ago

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