Castaway Cove Housing Market Report April 2025•Indian River County, Florida

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Housing Prices in Castaway Cove, FL

How much do homes in Castaway Cove, FL cost?

Housing Market Conditions

Is Castaway Cove, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Castaway Cove is a Seller's Market

Difference Since April 2024

Since last year, Castaway Cove has remained a Seller's Market.

Insight

Castaway Cove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,137,450$402/SqFt
-$112,550
-9.0%

Based on all homes sold in the last 12 months

Insight

Homes in Castaway Cove have sold for 9% less than they did a year ago.

Summary: The median home sold price in Castaway Cove was $1,137,450 in April 2025, down 9% from last year, and the median price per square foot was $402.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1--
N/A
2-$1.1M
N/A
3$1.0M$868K
-17.3%
4$2.0M$1.3M
-32.0%
5$1.9M$1.1M
-43.8%

Summary: Castaway Cove housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -17.3%. The home price for 4 bedroom homes decreased by -32.0%. The home price for 5 bedroom homes decreased by -43.8%.

How does Castaway Cove, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Castaway Cove, FL

Housing supply in Castaway Cove, FL

How many homes are available in Castaway Cove, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
29Last MonthApr 2025
252 months agoMar 2025
+16.0 %
Change MoMMar – Apr

Summary: The Castaway Cove real estate market had 29 homes for sale in Apr 2025, a 16.0 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthApr 2025
12 months agoMar 2025
+400.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
200
0.0%
31414
0.0%
4810
+25.0%
535
+66.7%

Summary: Castaway Cove housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes increased by +66.7%.

Asking Price vs. Sold Price

How much do homes in Castaway Cove, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price5 Homes

Insight

If you're buying a home in Castaway Cove, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Castaway Cove in April 2025, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Castaway Cove, FL

How long does it take to sell a home in Castaway Cove, FL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days3 Homes

Insight

Most homes in Castaway Cove are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2025, 5 homes were sold in Castaway Cove; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
86 DaysThis YearApr 2025
56 Days1 year agoApr 2024
+53.9 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Castaway Cove had an average listing age of 86 days in Apr 2025, up by 53.9% compared to the previous year.

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Newest Listings in Castaway Cove, FL

What homes are available in Castaway Cove, FL?

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MLS Disclaimers and Copyright

Based on information from Indian River County MLS, and Beaches MLS for the period 05/01/2023 - 05/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. 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. Information deemed reliable but not guaranteed. Copyright© 2025 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 4:15:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 4:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.