Is Indiantown, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Indiantown has remained a Buyer'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
$712,500
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Indiantown have sold for 23.9% more than they did a year ago.
Summary: The median home sold price in Indiantown was $712,500 in April 2024, up 23.9% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $449.9K | $434K | -3.5% |
| 3 Bedrooms | $442.5K | $567.4K | +28.2% |
| 4 Bedrooms | $747.5K | $950K | +27.1% |
| 5+ Bedrooms | $1.0M | $1.2M | +19.3% |
Summary: Indiantown 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 3.5%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
| Indiantown | $575K | $712.5K | +23.9% |
| Palm City | $580K | $669.7K | +15.5% |
| Port Salerno-Hobe Sound | $445K | $498.4K | +12.0% |
| Hobe Sound | $519.6K | $529.4K | +1.9% |
| Port Saint Lucie | $389.3K | $396K | +1.7% |
Housing Supply in Indiantown, FL
How many homes are available in Indiantown, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 87 | 81 | -6.9% |
Summary: The Indiantown real estate market had 81 homes for sale in April 2024, a 6.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 9 | -35.7% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 32 | 29 | -9.4% |
| 5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The Indiantown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was 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. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Indiantown in April 2024, down by 23.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 82 Days | +62.7% |
Summary: Homes in Indiantown had an average of 82 days on market in Apr 2024, up by 62.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indiantown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Indiantown; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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