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 April 2023
At the same time last year, Indian Harbour Beach was a Seller's Market.
Key Takeaway
Indian Harbour Beach 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 Indian Harbour Beach, FL
How much do homes in Indian Harbour Beach, FL cost?
Median Sold Price
$437,437
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since April 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 $437,437 in April 2024, down 2.8% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $183K | $170K | -7.1% |
| 2 Bedrooms | $305K | $333K | +9.2% |
| 3 Bedrooms | $471K | $487.5K | +3.5% |
| 4 Bedrooms | $679K | $686.2K | +1.1% |
| 5+ Bedrooms | $992.5K | $2.1M | +111.6% |
Summary: Indian Harbour Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 111.6%.
Median Sold Price Compared To Nearby Cities
| Satellite Beach | $496.8K | $530K | +6.7% |
| Melbourne | $384.1K | $408.7K | +6.4% |
| Indialantic-Melbourne Beach | $529.4K | $551.5K | +4.2% |
| Indian Harbour Beach | $450K | $437.4K | -2.8% |
Housing Supply in Indian Harbour Beach, FL
How many homes are available in Indian Harbour Beach, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 90 | 99 | +10.0% |
Summary: The Indian Harbour Beach real estate market had 99 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 27 | 31 | +14.8% |
| 3 Bedrooms | 35 | 40 | +14.3% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Indian Harbour Beach 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 increased by 14.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Harbour Beach, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Indian Harbour Beach in April 2024, down by 5.9% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 70 Days | 65 Days | -6.7% |
Summary: Homes in Indian Harbour Beach had an average of 65 days on market in Apr 2024, down by 6.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were 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 April 2024, 16 homes were sold in Indian Harbour Beach; 44% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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