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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indiantown is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Indiantown has remained a Seller's Market.

Key Takeaway

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

How much do homes in Indiantown, FL cost?

Median Sold Price

$656,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$131,000(+25.0%)

Key Takeaway

Homes in Indiantown have sold for 25% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $336.2K$440K
+30.9%
3 $442K$550K
+24.4%
4 $699.9K$890K
+27.2%
5+ $1.1M$1.1M
-5.4%

Median Sold Price Compared To Nearby Cities

Hobe Sound
+28.1%
Port Saint Lucie
+25.8%
Indiantown
+25.0%
Palm City
+20.9%
Port Salerno-Hobe Sound
+16.7%

How many homes are available in Indiantown, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
5654-3.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 109
-10.0%
3 2116
-23.8%
4 1518
+20.0%
5+ 1011
+10.0%

Number of Homes Sold

Oct 2022Nov 2022%
1110-9.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 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. 70% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
61 Days33 Days-45.3%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Indiantown, FL

There are 54 homes are for sale in Indiantown, FL real estate market. The inventory of homes for sale in Indiantown, FL between October 2022 and November 2022 decreased by 3.6%. The median list price of listings available in November 2022 was $656,000, while the average time on the real estate market was 33 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 30.9%, the cost of 3 bedrooms properties went up by 24.4%, 4 bedrooms properties became 27.2% more expensive, 5 bedrooms properties became 5.4% more cheaper. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 10%, 3 bedrooms homes became 23.8% less available, number of 4 bedrooms homes increased by 20%, the quantity of 5 bedrooms homes went up by 10%. In November 2022, from all listings sold in Indiantown, FL there were more than 0 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price.

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