Indiantown, FL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Indiantown, FL Housing Market Trends

With a population of 7,174, 1,841 total housing units (homes and apartments), and a median house value of $93,677, house prices in Indiantown are some of the most affordable in Florida as well as the nation.

Single-family detached homes are the single most common housing type in Indiantown, accounting for 46.94% of the town's housing units. Other types of housing that are prevalent in Indiantown include mobile homes or trailers ( 28.51%), duplexes, homes converted to apartments or other small apartment buildings ( 17.84%), and a few row houses and other attached homes ( 4.93%).

The most prevalent building size and type in Indiantown are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 63.70% owning and 36.30% renting.

There is a lot of housing in Indiantown built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Indiantown built between 2000 and later ( 8.49%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.07%). There's also some housing in Indiantown built before 1939 ( 1.28%).

Vacant housing appears to be an issue in Indiantown. Fully 16.01% of the housing stock is classified as vacant. Left unchecked, vacant Indiantown homes and apartments can be a drag on the real estate market, holding Indiantown real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Indiantown Home Appreciation Rates

In the last 10 years, Indiantown has experienced some of the highest home appreciation rates of any community in the nation. Indiantown real estate appreciated 68.13% over the last ten years, which is an average annual home appreciation rate of 5.33%, putting Indiantown in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Indiantown definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Indiantown that despite a nationwide downturn in the housing market, Indiantown real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Indiantown appreciation rates continue to be some of the highest in America, at 6.68%, which is higher than appreciation rates in 80.81% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Indiantown. Indiantown appreciation rates in the latest quarter were at 2.20%, which equates to an annual appreciation rate of 9.10%.

Relative to Florida, our data show that Indiantown's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$93,677

Indiantown, FL HOME PRICES

> $1,103,000
0.0%
0.0%
$828,001 - $1,103,000
0.0%
0.0%
$552,001 - $828,000
0.0%
0.0%
$441,001 - $552,000
0.0%
0.0%
$331,001 - $441,000
2.8%
2.8%
$221,001 - $331,000
8.9%
8.9%
$110,001 - $221,000
30.1%
30.1%
$55,001 - $110,000
32.7%
32.7%
$0 - $55,000
25.6%
25.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for FL

Value Relative To Nation

Number Of Homes And Apartments:
1,841

Indiantown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
67.73% 2.49%
1
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,150 / per month

Homeownership Rate

Owners
63.7%
63.7%
Renters
36.3%
36.3%
Vacant
16.0%
16.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
8.5%
8.5%
1970 - 1999
82.2%
82.2%
1940 - 1969
8.1%
8.1%
1939 or Older
1.3%
1.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
46.9%
46.9%
Townhomes
4.9%
4.9%
Small Apt. Buildings
17.8%
17.8%
Apt. Complexes
1.8%
1.8%
Mobile Homes
28.5%
28.5%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.6%
1.6%
1 Bedroom
2.5%
2.5%
2 Bedrooms
44.6%
44.6%
3 Bedrooms
37.0%
37.0%
4 Bedrooms
14.3%
14.3%
5 or more bedrooms
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Indiantown

Zip Codes in Indiantown, FL