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Featured local agent — Indian River Shores, FL
Sarah Mitchell
Compass Real Estate · Indian River Shores, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Indian River Shores, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.55Mmedian sale price
How is the Indian River Shores, FL housing market right now?
The median home sale price in Indian River Shores, FL is $1.55M, up 3.1% year-over-year. Homes sell in an average of 122 days with 101 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Indian River Shores a buyer's or seller's market?
Indian River Shores, FL is currently a buyer's market, based on 7.8 months of supply and homes selling in about 122 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
122
Average pace
Active listings
101
7.8 months supply
Sale-to-list
94.5%
Below asking
What does the Indian River Shores housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.55M |
| Median list price | $432,500 |
| Year-over-year price change | +3.1% |
| Average days on market | 122 days |
| Active inventory | 101 listings |
| Months of supply | 7.8 months |
| Sale-to-list price ratio | 94.5% |
| Median price per sq ft | $437/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 12 |
| Listings with a price cut | 16.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Indian River Shores by property type?
How the Indian River Shores, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.61M | $462/sq ft | 12 | 118 days |
| Condo / Co-op | $380,000 | $292/sq ft | 1 | 315 days |
| Townhouse | $520,000 | $271/sq ft | 12 | 100 days |
Source: Redfin · Updated monthly
The Indian River Shores housing market is currently classified as a buyer's market with a median sale price of $1.55M. Prices have risen 3.1% compared to last year, with homes spending an average of 122 days on market, indicating 7.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 8.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Indian River Shores
There are currently 101 homes listed for sale in Indian River Shores, Florida. The median listing price is $433K.
Active listings
101
Homes on market
Median list price
$433K
Avg. days on market
122
Days until sale
New this week
12
Newly listed
Who lives in Indian River Shores?
Population
4,324
Median income
$149,722/yr
Median age
74.5 years
Owner-occupied
97.4%
College grads
78.6%
Avg commute
23.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Indian River Shores?
Zillow home value
$1.33M
Price-to-income
8.9x
Source: Zillow Research
What is it like to live in Indian River Shores?
Indian River Shores is a community of approximately 4K residents with a median age of 74.5 years.The median household income is $149,722, which reflects a relatively affluent area with strong earning potential. 78.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 97.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Indian River Shores offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Indian River Shores, FL?
Want a head-to-head view? Compare Indian River Shores side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Indian River Shores?
The median home sale price in Indian River Shores is $1.55M, up 3.1% from last year.
How long do homes stay on market in Indian River Shores?
Homes typically spend 122 days on market before going under contract.
What is the median income in Indian River Shores?
The median household income is $149,722 per year.
Is Indian River Shores a buyer's or seller's market?
With 7.8 months of supply, Indian River Shores is currently a buyer's market.
What is the Zillow home value estimate for Indian River Shores?
The Zillow Home Value Index (ZHVI) for Indian River Shores is $1.33M, representing the typical home value in the area.
What is the median condo price in Indian River Shores?
The median condo/co-op sale price in Indian River Shores, FL is $380,000, compared to $1.61M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Indian River Shores?
The median single-family home price in Indian River Shores, FL is $1.61M (about $462 per square foot).
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