Is Indian Harbour Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Indian Harbour Beach was a Seller's Market.
Key Takeaway
Indian Harbour Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indian Harbour Beach, FL
How much do homes in Indian Harbour Beach, FL cost?
Median Sold Price
$448,250
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Indian Harbour Beach have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Indian Harbour Beach was $448,250 in May 2024, down 2.8% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $183K | $170K | -7.1% |
| 2 Bedrooms | $305K | $338K | +10.8% |
| 3 Bedrooms | $474.9K | $482K | +1.5% |
| 4 Bedrooms | $712.5K | $626.5K | -12.1% |
| 5+ Bedrooms | $1.3M | $2.1M | +55.6% |
Summary: Indian Harbour Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 55.6%.
Median Sold Price Compared To Nearby Cities
| Satellite Beach | $494.9K | $535K | +8.1% |
| Melbourne | $384.9K | $412K | +7.0% |
| Indialantic-Melbourne Beach | $530.8K | $549.9K | +3.6% |
| Indian Harbour Beach | $461.2K | $448.2K | -2.8% |
Housing Supply in Indian Harbour Beach, FL
How many homes are available in Indian Harbour Beach, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 93 | 99 | +6.5% |
Summary: The Indian Harbour Beach real estate market had 99 homes for sale in May 2024, a 6.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 29 | 30 | +3.4% |
| 3 Bedrooms | 35 | 41 | +17.1% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Indian Harbour Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Harbour Beach, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Indian Harbour Beach in May 2024, down by 18.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 46% were sold at asking, and 0% were sold over asking.
Days on Market for Indian Harbour Beach, FL
How long does it take to sell a home in Indian Harbour Beach, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 51 Days | 34 Days | -33.9% |
Summary: Homes in Indian Harbour Beach had an average of 34 days on market in May 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Indian Harbour Beach are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Indian Harbour Beach; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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