Is Indialantic, 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, Indialantic was a Seller's Market.
Housing Prices in Indialantic, FL
How much do homes in Indialantic, FL cost?
Median Sold Price
$630,000
$318/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Indialantic was $630,000 in April 2024, down 0.8% from last year, and the median price per square foot was $318.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $218K | $218K | 0.0% |
2 Bedrooms | $360K | $357.5K | -0.7% |
3 Bedrooms | $594K | $625.5K | +5.3% |
4 Bedrooms | $740K | $815K | +10.1% |
5+ Bedrooms | $922K | $989K | +7.3% |
Summary: Indialantic housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
Indialantic-Melbourne Beach | $529.4K | $551.5K | +4.2% |
Indialantic | $635K | $630K | -0.8% |
Melbourne Beach | $685K | $660K | -3.6% |
Housing Supply in Indialantic, FL
How many homes are available in Indialantic, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 157 | +21.7% |
Summary: The Indialantic real estate market had 157 homes for sale in April 2024, a 21.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 28 | 32 | +14.3% |
3 Bedrooms | 59 | 70 | +18.6% |
4 Bedrooms | 29 | 39 | +34.5% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Indialantic housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Indialantic in April 2024, up by 9.5% month-over-month. Of the 23 sold homes, 74% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Indialantic, FL
How long does it take to sell a home in Indialantic, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 43 Days | +6.3% |
Summary: Homes in Indialantic had an average of 43 days on market in Apr 2024, up by 6.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Indialantic; 39% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.