Is Indian Rocks Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Indian Rocks Beach was a Neutral Market.
Key Takeaway
Indian Rocks Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indian Rocks Beach, FL
How much do homes in Indian Rocks Beach, FL cost?
Median Sold Price
$949,500
$640/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Indian Rocks Beach have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Indian Rocks Beach was $949,500 in April 2024, up 8.9% from last year, and the median price per square foot was $640.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $415K | $315K | -24.1% |
| 2 Bedrooms | $704.5K | $773K | +9.7% |
| 3 Bedrooms | $898K | $1.0M | +15.8% |
| 4 Bedrooms | $2.1M | $1.2M | -39.3% |
| 5+ Bedrooms | $1.6M | $2.3M | +44.7% |
Summary: Indian Rocks Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.1%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 39.3%, and 5+ bedroom homes increased by 44.7%.
Median Sold Price Compared To Nearby Cities
| Belleair Beach | $815K | $932K | +14.4% |
| Indian Rocks Beach | $872K | $949.5K | +8.9% |
| Boca Ciega | $474.5K | $469.2K | -1.1% |
| Indian Shores | $682.5K | $667.9K | -2.1% |
Housing Supply in Indian Rocks Beach, FL
How many homes are available in Indian Rocks Beach, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 112 | 121 | +8.0% |
Summary: The Indian Rocks Beach real estate market had 121 homes for sale in April 2024, a 8.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 43 | 44 | +2.3% |
| 3 Bedrooms | 35 | 35 | 0.0% |
| 4 Bedrooms | 19 | 25 | +31.6% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Indian Rocks Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 2.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Rocks Beach, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Indian Rocks Beach in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Indian Rocks Beach, FL
How long does it take to sell a home in Indian Rocks Beach, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 39 Days | -9.3% |
Summary: Homes in Indian Rocks Beach had an average of 39 days on market in Apr 2024, down by 9.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Indian Rocks Beach has remained consistent over time.
Summary: During April 2024, 12 homes were sold in Indian Rocks Beach; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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