New Homes in Indian River County, Florida
Home to Vero Beach and Sebastian, Indian River County is known for its barrier island beaches, low-density growth, and a steady pipeline of new construction across price points.
In Q1 2026, Indian River County single-family homes sold at a median of $427,500 (up 6.9% vs Q1 2025), with 5.4 months of supply — a balanced market — and a median 73 days on market.
Vero Beach
55 new home communities
Sebastian
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Indian River Shores
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Fellsmere
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- Vero Beach5
- Sebastiansoon
- Indian River Shoressoon
- Fellsmeresoon
Indian River County new home market snapshot
Median price
$465,000
Price range
$330,000 – $1.5M+
Inventory
Tightening
Build timeline
8–11 months
Population
Growing 1.2% / yr
Tax
Among lowest millage on Treasure Coast
Directional figures sourced from regional MLS, builder reports, and county appraiser data — verify your specific situation with us.
Indian River County market — Q1 2026
Closed sales and median sale prices for the quarter, with comparison to Q4 2025.
Single-family median
$427,500
+9.6%725 closed sales
Townhouse / condo median
$275,000
263 closed sales
All-property median
$399,000
991 closed sales
vs. Florida single-family
+3.0%
State median $415,000
Median sale price by property type — Q4 2025 vs Q1 2026
- Q4 2025
- Q1 2026
Market health — Single-family homes
Y/Y deltas vs Q1 2025Months of supply
5.4
-12.9%Balanced market
Median days on market
73d
+15.9%From listing to contract
% of list price received
95.0%
+0.2%Sale price ÷ original list
Active inventory
1,244
-9.5%1,303 new listings (Q1)
Cash share of sales
45%
+23.1%Volume $486M
Market health — Townhouses & condos
Y/Y deltas vs Q1 2025Months of supply
10.1
-28.9%Buyer's market
Median days on market
76d
-16.5%From listing to contract
% of list price received
93.1%
+0.9%Sale price ÷ original list
Active inventory
756
-19.0%591 new listings (Q1)
Cash share of sales
75%
+49.6%Volume $113M
ZIP-level activity — single-family, Q1 2026
| ZIP | City | Closed sales | Median price | Share of sales |
|---|---|---|---|---|
| 32967 | vero beach |
174+23.4%
|
$435,000+8.8%
|
24.0% |
| 32958 | sebastian |
130+5.7%
|
$367,000+0.2%
|
18.0% |
| 32962 | vero beach |
98+24.1%
|
$318,000+8.9%
|
13.5% |
| 32963 | vero beach |
98+38.0%
|
$1.35M+12.5%
|
13.5% |
| 32960 | vero beach |
82+15.5%
|
$450,000+19.5%
|
11.3% |
| 32966 | vero beach |
72-16.3%
|
$425,000+13.3%
|
9.9% |
| 32968 | vero beach |
640.0%
|
$432,000-1.8%
|
8.8% |
| 32948 | fellsmere |
6+20.0%
|
$487,500+62.5%
|
0.8% |
Δ chips compare to Q4 2025. Sorted by closed-sales volume.
Source: Florida Realtors, Q1 2026 (released April 17, 2026) and Q4 2025 (released January 16, 2026). Median prices reflect ALL closed sales in the county; new construction typically prices at the upper end of these ranges.
5 of 5 New Construction Communities in Indian River County
Hand-researched and updated as new info becomes available.
Buyer Guide
Buying new construction in Indian River County
Buying new construction in Indian River County in 2026
Indian River County continues to be one of the Treasure Coast's most active new-construction markets. Vero Beach anchors the county with the deepest selection of new homes, while Sebastian and Fellsmere offer quieter, lower-density alternatives north and west. If you're relocating from out of state, expect builder timelines from contract to closing of roughly 7–11 months, with most national builders requiring an initial deposit of 5–10% and design-center selections within the first 30 days.
Pricing & inventory you'll see today
New homes in Indian River County currently span attainable single-family communities in the $300s to luxury estates well above $1M. Floor plans tend to favor single-story 3-4 bedroom homes with 2-3 car garages — popular with retirees and relocating families alike. Quick-move-in inventory exists but moves fast; the deepest selection is usually in the to-be-built phase.
What to verify before signing
Confirm CDD vs. HOA fees (Florida master-planned communities often layer both), the builder's hurricane and warranty coverage, lot premiums, and design-center allowances. Always tour at least one finished model and ask for a copy of the standard features sheet — what's "included" varies dramatically between builders.
Why work with a buyer's agent
Florida law lets builders register your representation only if your agent is with you on your first visit. Bringing a Treasure-Coast-focused agent costs you nothing (the builder pays) and gives you an advocate during contract review, design selections, and pre-closing inspections — three places where most buyers leave money on the table.
Current incentives: Builders in Indian River are actively offering rate buydowns into the high 4s and design-center credits between $5,000–$15,000 on quick-move-in inventory.
What buyers say about Indian River County
"We toured five Vero Beach communities in one day with the team's curated short-list. Saved us weeks."
"Helped us negotiate $18k in builder incentives we didn't know existed."
Frequently asked about Indian River County
Related guide: Treasure Coast property taxes & homestead exemption