As we wrap up another year in the vibrant real estate landscape of Indian River County, Florida, it's time to dive into the latest numbers. This blog post highlights the December-released statistics for November 2025 activity, compiled by the REALTORS® Association of Indian River County through its Multiple Listing Service (MLS), in partnership with Florida REALTORS®. These figures provide a snapshot of the market in this coastal gem, which encompasses popular areas like Vero Beach and Sebastian. Whether you're a buyer, seller, or just keeping an eye on trends, let's break down the key metrics for single-family detached homes and condominiums.
Overall, the data shows a market with growing sales volume but softening prices, indicating a shift toward more balanced conditions where buyers have slightly more leverage. Inventory levels are holding steady with minor dips, suggesting sustained interest without overwhelming supply. Now, let's get into the details.
County-Wide Trends for Single-Family Detached Homes
Single-family homes remain the cornerstone of Indian River County's real estate market, appealing to families and retirees alike drawn to the area's beaches, golf courses, and laid-back lifestyle.
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Metric
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November 2025
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November 2024
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Year-Over-Year Change
|
|
Closed Sales
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200 units
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176 units
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+13.6% (up)
|
|
Median Sale Price
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$391,250
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$406,500
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-3.8% (down)
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|
Active Inventory
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1,226 units
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1,240 units
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-1.1% (down)
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Closed sales jumped notably, reflecting stronger buyer activity—perhaps fueled by seasonal interest or stabilizing interest rates. However, the drop in median prices points to increased negotiation power for buyers, with homes selling closer to asking prices but at lower overall values. Inventory saw a slight decline, which could signal a tightening market if demand continues to rise.
County-Wide Trends for Condominium Homes
Condos offer an attractive entry point for those seeking low-maintenance living, often with waterfront views in communities like Vero Beach.
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Metric
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November 2025
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November 2024
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Year-Over-Year Change
|
|
Closed Sales
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47 units
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43 units
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+9.3% (up)
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|
Median Sale Price
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$260,000
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$330,000
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-21.2% (down)
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|
Active Inventory
|
715 units
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726 units
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-1.5% (down)
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Similar to single-family homes, condo sales increased year-over-year, showing resilience in this segment. The sharp decline in median prices is eye-catching—potentially due to a mix of more affordable listings entering the market or sellers adjusting expectations amid broader economic factors. Inventory remains ample but is edging down, which might lead to stabilization in the coming months.
These county-level stats align with broader observations from local sources, where median sale prices for homes in Indian River County hovered around $391,250 in November 2025, down about 4% from the prior year.
Spotlight on Vero Beach: A Coastal Hotspot
Vero Beach, the county's largest city and a hub for arts, dining, and oceanfront living, often drives much of the regional activity. Focusing on the desirable Barrier Island area (ZIP code 32963), data from local market reports reveals a dynamic scene with increased inventory and sales but longer market times.
For single-family homes in Vero Beach Barrier Island:
- Closed sales: 28 units (up 75% year-over-year).
- Inventory: 212 units (up 34%).
- Median days on market: 224 days (up 29%).
- Months of supply: 6 months (indicating a balanced market).
For condos:
- Closed sales: 13 units (up 30%).
- Inventory: 171 units (up 15%).
- Median days on market: ~200 days (up 49%).
- Months of supply: 12 months (favoring buyers).
This suggests a surge in buyer engagement, though properties are taking longer to sell, possibly due to higher inventory giving shoppers more options. Overall, Vero Beach's market is normalizing after previous highs, with typical home values around $357,769, down 6.3% year-over-year. These trends mirror the county's softening prices but highlight Vero's appeal for luxury and lifestyle buyers.
Spotlight on Sebastian: Affordable and Growing
North of Vero Beach, Sebastian offers a more affordable alternative with riverfront access and a small-town vibe, attracting first-time buyers and investors. While specific MLS breakdowns for Sebastian aren't detailed in the association's county report, aggregated data paints a picture of similar downward pressure on prices amid steady activity.
Key stats for Sebastian in November 2025:
- Typical home value: $341,547 (down 4.2% year-over-year).
- Homes typically go pending in about 51 days.
- Median sale price (from broader market trends): Around $387,925, with 352 homes sold (though note this may include surrounding areas; county totals suggest a subset for Sebastian proper).
Sales volume appears robust but down slightly from last year (from ~405 to 352), with properties lingering longer on the market at 86 days average. Sebastian's market remains neutral, balancing buyer and seller interests, and its lower entry points compared to Vero Beach make it a standout for value seekers in Indian River County.
What Does This Mean for Buyers and Sellers?
Indian River County's real estate market in November 2025 demonstrates resilience with higher closed sales across both single-family and condo segments, even as prices adjust downward. This could be influenced by factors like fluctuating mortgage rates, post-election economic sentiment, or seasonal migration to Florida's Treasure Coast. For buyers, the increased inventory and lower medians present opportunities for deals, especially in condos where prices dropped significantly. Sellers might need to price competitively and prepare for longer listing times, but the uptick in sales is encouraging.
Looking ahead, with active inventory slightly reduced, we could see stabilization or even upward pressure if demand from out-of-state relocators picks up in early 2026. Areas like Vero Beach and Sebastian continue to shine, offering diverse options from luxury barrier island estates to riverside homes.
This report was prepared on December 19, 2025, based on MLS data. For personalized advice, consult a local REALTOR®—they're your best resource in this evolving market. Stay tuned for next month's update, and feel free to share your thoughts in the comments!
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