Indian River County Housing Market | Home Prices & Trends (2024)

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Wondering how competitive the Indian River County, FL housing market is? Get the latest info on real estate market conditions, price movement, real estate trends, and more. Browse now.

Know your home options

Homes available for sale by home type, beds & price range

Home Types Distribution

  • Houses
  • 519 homes

(click home type sector to view price distribution)

Home Price Distribution

Min

$68K

Median

$462K

Max

$25M

Houses

(click bars to view corresponding homes)

How competitive is Indian River County real estate?

Know level of competition via market hotness score & its factors

100

Hotness score

Cold Market ❄️Buyers can probably take their time

  • On average, homes receive closing offers in 44 days.
  • On average, homes sell for 3% below list price.
  • On average, for every 100 homes listed in the market,41 are sold.

Is it the right time to buy your dream home?

Gain insight into current & past market trends

Price

Last month on average, Single Family homes sold for $165K more than Condos. Last month, sale price of Single Family homes decreased by 2.6% whereas sale price of Condos decreased by 8.2%, in comparison to its previous month.

Single Family

  • Median Sale Price (last month): $375K
  • Sale price range: $355K to $415K
  • Sale price(% change in 12 months): ↓9.7%

Condos

  • Median Sale Price (last month): $210K
  • Sale price range: $180K to $265K
  • Sale price(% change in 12 months): ↑16.65%

Price per square foot

Last month on average, Single Family homes sold for $46 more per sqft than Condos. Last month, sale price/sqft of Single Family homes decreased by 2.6% whereas sale price/sqft of Condos decreased by 7%, in comparison to its previous month.

Single Family

  • Median sale price/sqft (last month): $235
  • Sale price/sqft range: $215 to $241
  • Sale price/sqft(% change in 12 months): ↓2.37%

Condos

  • Median sale price/sqft (last month): $188
  • Sale price/sqft range: $165 to $204
  • Sale price/sqft(% change in 12 months): ↓3.54%

# Price Drops

In a month, on an average, 97 price drops in Single Family homes and 28 price drops in Condos are observed.

Single Family

  • # Price drops per month on avg. : 97
  • # Price drop range: 68 to 192 homes
  • # Price drops(% change in 12 months): ↑131.33%

Condos

  • # Price drops per month on avg. : 28
  • # Price drop range: 9 to 71 homes
  • # Price drops(% change in 12 months): ↑153.33%

Days on Market

Last month on average, Single Family homes stayed 39 days less on the market than Condos.

Single Family

  • Median Days on Market (Last month): 35 days
  • Days on market range: 28 to 59 days
  • Days on market(% change in 12 months): ↑25%

Condos

  • Median Days on Market (Last month): 74 days
  • Days on market range: 23 to 183 days
  • Days on market(% change in 12 months): ↑25.42%

# Homes Sold

On an average, for every 70 Single Family homes sold, 12 Condos are sold.

Single Family

  • Avg. homes sold per month: 70
  • # Homes sold range: 49 to 97 homes
  • # Homes sold(% change in 12 months): ↑10.23%

Condos

  • Avg. homes sold per month: 12
  • # Homes sold range: 6 to 20 homes
  • # Homes sold(% change in 12 months): ↓5.88%

Sale To List %

On average, Single Family homes sell 2.60%below their list price, whereas Condos sell 3.50%below their list price.

Single Family

  • In last 12 months, sale to list percent fluctuated between 97% and 99%.
  • Since avg. sale to list percent is < 100%, buyers have had more bargaining power in pricing.
  • Avg. sale to list percent decreased by 1% over the past 12 months.

Condos

  • In last 12 months, sale to list percent fluctuated between 92% and 99%.
  • Since avg. sale to list percent is < 100%, buyers have had more bargaining power in pricing.
  • Avg. sale to list percent decreased by 6% over the past 12 months.

Top Price Drops in Indian River County, FL

Seize the window of opportunity to buy your dream home!

Market Sales Snapshot

How many homes were sold & for how much?

Single Family

23.4% in Price YoY

5,128

Single Family

23.4% in Price YoY

5,128

Single Family

23.4% in Price YoY

5,128

Single Family

23.4% in Price YoY

5,128

Single Family

- in Price YoY

Condos

- in Price YoY

Townhomes

- in Price YoY

Multi Family

- in Price YoY

Contents

Market Hotness

Housing Market Trends

  • Price
  • Price per Square Foot
  • # Price Drops
  • Days on Market
  • # Homes Sold
  • Sale to List %

Top Price Drops in Indian River County

Market Sales Snapshot

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Indian River County Housing Market | Home Prices & Trends (1)

The MLS data provided for the property above is provided courtesy of Flyhomes. Source: Southeast Florida MLS. Information is deemed reliable but not guaranteed. © 2024. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the Southeast Florida Multiple Listing Service (MLS): Miami Association of REALTORS®, REALTOR® Association of Greater Ft. Lauderdale and South Broward Board of REALTORS®. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Indian River County Housing Market | Home Prices & Trends (2)

Based on information submitted to the MLS GRID as of 6/30/2024, 3:26:49 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Stellar MLS as distributed by MLS GRID.

All information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties for purchase. Use of this data provided by MLS GRID may be subject to an end user license agreement prescribed by Stellar MLS if any and as amended from time to time.

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Indian River County Housing Market | Home Prices & Trends (2024)

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