32963 — Indian River County, Florida Market Snapshot
Housing market data for zip code 32963 in Indian River County, Florida. Updated monthly with median prices, days on market, and more.
Market Sales Data
217 sales in 2026 (year to date)
Median Sale Price
$1,025,000
Days to Sell
113
Homes Sold
217
Inventory
341
Sale-to-List
93.7%
New Listings
175
Price/SqFt
$468
Pending Sales
220
Jumbo Loan Likely Needed
The median home in 32963 at $1,025,000 exceeds the 2026 conforming loan limit of $832,750 by $192,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
With homes sitting for 113 days on average, 32963 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 32963 sells for 6.3% below asking price (93.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 32963 at $1,025,000 exceeds the 2026 conforming loan limit of $832,750 by $192,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 32963 are set at the county level.
2026 Loan Limits — Indian River County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 32963
To purchase the median home at $1,025,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $8,003.
Monthly Payment
$8,003
Income Required
$342,995
Principal & Interest
$6,316/mo
Down Payment (5%)
$51,250
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 32963.
Estimated Monthly Payment
$6,494
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