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 March 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

$304/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$134,982(+23.5%)

Key Takeaway

Homes in Indiantown have sold for 23.5% more than they did a year ago.

Summary: The median home sold price in Indiantown was $710,000 in March 2024, up 23.5% from last year, and the median price per square foot was $304.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $450K$443.5K
-1.4%
3 $445K$567.5K
+27.5%
4 $737K$912.5K
+23.8%
5+ $1.0M$1.4M
+35.2%

Summary: Indiantown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 35.2%.

Median Sold Price Compared To Nearby Cities

Indiantown
+23.5%
Palm City
+15.4%
Port Salerno-Hobe Sound
+10.5%
Port Saint Lucie
+1.6%
Hobe Sound
-2.3%

Housing Supply in Indiantown, FL

How many homes are available in Indiantown, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
92920.0%

Summary: The Indiantown real estate market had 92 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 1715
-11.8%
3 2321
-8.7%
4 3537
+5.7%
5+ 1617
+6.3%

Summary: The Indiantown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Indiantown in March 2024, up by 40.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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

Mar 2023Mar 2024CHANGE
68 Days50 Days-26.6%

Summary: Homes in Indiantown had an average of 50 days on market in Mar 2024, down by 26.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 14 homes were sold in Indiantown; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% 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 20 Days Ago

Newest Listings in Indiantown, FL

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