10/05/2026
š” Whatās happening in the Vero Beach and Sebastian real estate market?
The latest Indian River County housing market update shows two different stories. Single-family homes had 4.1 months of inventory, with a median sale price of $410,000. Condos and townhouses offered buyers more negotiating room, with 6.5 months of inventory and a $240,000 median price.
Meanwhile, the national average 30-year mortgage rate reached 7.28% on October 1, making the complete monthly paymentāincluding property taxes, homeowners insurance, flood insurance and HOA feesāmore important than ever.
Florida insurance rates are beginning to improve for some policyholders, but every home has its own insurance story. Buyers should get actual quotes before the inspection period ends.
And one important distinction: Floridaās Amendment 3 property-tax proposal goes to voters in November. It is not current law.
Vero Beach and Sebastian arenāt one marketāand single-family homes and condos arenāt behaving the same way. Whether youāre buying or selling, good decisions begin with accurate local information.
š Kat Salvio, REALTORĀ®, ABR
RE/MAX Crown Realty
772-588-2293