$10,000 Closing Credit*
$2,399,000
5,218 SqFt
5 Beds
•6 Full Baths
Holly Meyer Lucas, Listing Office: Compass Florida, LLC (Jupiter)
Is Indiantown, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Indiantown was a Seller's Market.
Key Takeaway
Indiantown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indiantown, FL
How much do homes in Indiantown, FL cost?
Median Sold Price
$717,500
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$77,500(+12.1%)
Key Takeaway
Homes in Indiantown have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Indiantown was $717,500 in September 2024, up 12.1% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $390K | N/A |
| 2 Bedrooms | $449.9K | $445K | -1.1% |
| 3 Bedrooms | $591.2K | $567.5K | -4.0% |
| 4 Bedrooms | $763K | $865K | +13.4% |
| 5+ Bedrooms | $1.3M | $1.2M | -9.9% |
Summary: Indiantown housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 9.9%.
Median Sold Price Compared To Nearby Cities
| Palm City | $599.9K | $683.6K | +14.0% |
| Indiantown | $640K | $717.5K | +12.1% |
| Port Salerno-Hobe Sound | $466.8K | $500.8K | +7.3% |
| Port Saint Lucie | $388.5K | $400.2K | +3.0% |
| Hobe Sound | $524.5K | $501K | -4.5% |
Housing Supply in Indiantown, FL
How many homes are available in Indiantown, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 79 | 89 | +12.7% |
Summary: The Indiantown real estate market had 89 homes for sale in September 2024, a 12.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 5 | 9 | +80.0% |
| 3 Bedrooms | 31 | 34 | +9.7% |
| 4 Bedrooms | 26 | 28 | +7.7% |
| 5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Indiantown housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Indiantown, you may be able to get a good deal. 91.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Indiantown in September 2024, down by 14.3% month-over-month. Of the 12 sold homes, 92% were sold under asking, 0% were sold at asking, and 8% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 66 Days | 93 Days | +39.5% |
Summary: Homes in Indiantown had an average of 93 days on market in Sep 2024, up by 39.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Indiantown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 12 homes were sold in Indiantown; 25% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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