Is Indiantown, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indiantown is a neutral's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Indiantown was a Seller's Market.

Key Takeaway

Indiantown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Indiantown, FL

How much do homes in Indiantown, FL cost?

Median Sold Price

$710,000

$312/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$117,750(+19.9%)

Key Takeaway

Homes in Indiantown have sold for 19.9% more than they did a year ago.

Summary: The median home sold price in Indiantown was $710,000 in June 2024, up 19.9% from last year, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $434K$453.5K
+4.5%
3 $475K$485K
+2.1%
4 $725K$900K
+24.1%
5+ $1.0M$1.2M
+18.9%

Summary: Indiantown housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Cities

Indiantown
+19.9%
Palm City
+18.3%
Port Salerno-Hobe Sound
+11.3%
Port Saint Lucie
+2.6%
Hobe Sound
0%

Housing Supply in Indiantown, FL

How many homes are available in Indiantown, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
90101+12.2%

Summary: The Indiantown real estate market had 101 homes for sale in June 2024, a 12.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 12
+100.0%
2 109
-10.0%
3 3038
+26.7%
4 2828
0.0%
5+ 2124
+14.3%

Summary: The Indiantown housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
815+87.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Indiantown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Indiantown in June 2024, up by 87.5% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.

Days on Market for Indiantown, FL

How long does it take to sell a home in Indiantown, FL?

Average Sale Time

Jun 2023Jun 2024CHANGE
63 Days76 Days+20.8%

Summary: Homes in Indiantown had an average of 76 days on market in Jun 2024, up by 20.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Indiantown has remained consistent over time.

Summary: During June 2024, 15 homes were sold in Indiantown; 27% of homes were sold within 30 days, 47% 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 26 Days Ago

Newest Listings in Indiantown, FL

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