Indian Rocks Beach, FL Market Update: What the Data Says for Buyers, Sellers and Investors
List prices up 0.2% in 33785, 119 days on market and commercial at too few sales to report per square foot across ZIP code 33785. Every number from the Linton Global Market Map, as of September 2026.
Photo: City Hall and library, Indian Rocks Beach by Ebyabe, CC BY-SA 4.0, via Wikimedia Commons (cropped).
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Michael R. Linton, Florida Broker #BK703722, advises investors, owners, tenants and banks on commercial property, small multifamily, land and distressed assets in Indian Rocks Beach and across Pinellas County through Linton Global Solutions.
Indian Rocks Beach is a roughly flat market right now, and the numbers say buyers have room to negotiate. Look at it ZIP code by ZIP code, not as one city average.
The Bottom Line on Indian Rocks Beach
Indian Rocks Beach is a small, mostly residential beach town on the Pinellas County barrier islands, between Belleair Beach and Indian Shores, reached by the Walsingham Road causeway from Largo. It has kept a quieter, low-rise character than the resort beaches to the north and south: cottages, small condominiums, beach motels and a handful of restaurants and shops along Gulf Boulevard.
Indian Rocks Beach is a steady housing market where sellers are cutting prices to meet buyers, and its commercial property trades in line with the rest of Pinellas County.
- Homes: median list prices of $798,450, up 0.2% in 33785 from a year ago; Pinellas County is down 3.6%.
- Supply: 144 active listings in 33785 (up 1.4%); 119 days on market.
- Commercial: median too few sales to report per square foot, versus $211 countywide.
- Distress: 1 commercial distress transfers or bank-held parcels on the 2026 tax roll.
Where Indian Rocks Beach Is
This report covers one ZIP code, 33785, which takes in Indian Rocks Beach and Indian Shores along Gulf Boulevard, from the Belleair Beach line south to the Redingtons.
Housing Market
| Realtor.com, September 2026 | 33785 | Pinellas County |
|---|---|---|
| Median list price | $798,450 | $417,450 |
| vs. a year ago | +0.2% | -3.6% |
| Active listings | 144 | 6,523 |
| Active vs. a year ago | +1.4% | -9.3% |
| Median days on market | 119 | 84 |
| Listings with a price cut | 27.5% | 25% |
| Home values, 5 years (FHFA) | +75.2% | — |
The highest-priced ZIP code is 33785 at $798,450. With a quarter or more of listings showing a price cut in parts of town, the asking price is a starting point. Homes are taking longer to sell than the county average. The FHFA House Price Index shows five-year gains of 75.2%; the run-up is behind us, and today is about pricing to the market.
Who Is Buying: Mortgage Data
| HMDA 2025 home purchases | 33785 | Pinellas County |
|---|---|---|
| Home-purchase loans | 117 | 10,442 |
| Median purchase price | $845,000 | $415,000 |
| Median buyer income | $390,000 | $132,000 |
| FHA / VA / USDA loans | 2% | 20.2% |
| Investor purchases | 53.9% | 14.3% |
Investors took the largest share of purchase loans in 33785 (53.9%), above the county’s 14.3%. Source: the CFPB's HMDA data browser.
Rents
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom is $2,180. The strongest renter base is in 33785, where 21% of households rent. Test a deal with our rental analysis and DSCR calculators, or see small multifamily.
Commercial Real Estate
| 2026 tax roll | 33785 | Pinellas County |
|---|---|---|
| Commercial & industrial parcels | 486 | 21,996 |
| Building area (million SF) | 0.85 | 203.53 |
| Median year built | 1964 | 1982 |
| Arm’s-length sales | 1 | 633 |
| Median sale $/SF | — | $211 |
| Distress transfers / bank-held parcels | 0 / 1 | 31 / 20 |
Commercial property in Indian Rocks Beach is a thin strip along Gulf Boulevard: beach motels and vacation rentals, restaurants and bars, and a few small retail and service buildings. Hotels are excluded from the $/SF figures, and there were too few other arm’s-length commercial sales to set a reliable median for this ZIP. As on the other Pinellas beaches, flood elevation, FEMA’s 50 percent rule and insurance cost after the 2024 storms shape what a building is worth.
Indian Rocks Beach has about 0.9 million square feet of commercial buildings and recorded 1 arm's-length sales at a median too few sales to report per square foot, close to the county's $211. There were 1 distress signals; we score them with Linton Global Technologies' CREDDS Framework (see our distressed commercial real estate hub).
Indian Rocks Beach has very little commercial land, and the town likes it that way. When a motel or restaurant site on Gulf Boulevard comes up, the value is in what the zoning and the flood rules let you rebuild.
Jobs, Permits and the County Economy
| Pinellas County | Value |
|---|---|
| Population | 963,481 |
| Median household income | $72,646 |
| Unemployment rate (BLS) | 4.3% |
| Private jobs (BLS QCEW) | 441,425 · -1.4% |
| Average annual pay | $70,854 |
| Housing permits, year to date | 1,932 · -2.5% |
Pinellas County jobs were down 1.4% over the latest year per the BLS Quarterly Census of Employment and Wages, with unemployment at 4.3%. Housing permits are down 2.5% this year per the Census Building Permits Survey. 33785 grew -9.7% in population over the Census survey period, the 257th-highest of the ZIP codes in our reports.
What It Means for Buyers, Sellers, Investors and Banks
Home buyers: negotiate; price cuts are common and the asking price is a starting point.
Sellers: price to recent sales in your ZIP code, not to last year's peak.
Commercial investors: pricing is in line with the county; the edge is in the specific building. Trading in? See 1031 exchanges.
Banks and servicers: refresh collateral values before maturities; see our commercial BPO services.
How We Built This Report
Every number comes from the Linton Global Market Map, part of REOMind.ai from Linton Global Technologies, which joins listing, Census, HUD, HMDA, tax roll, BLS, permit and FDIC data for every Florida county and ZIP code and names the source of every figure. See the full Pinellas County report.
Key Takeaways
- ✓Indian Rocks Beach list prices are up 0.2% in 33785; Pinellas County is down 3.6%.
- ✓Homes are taking 119 days to sell.
- ✓Commercial property sold at a median too few sales to report per square foot, against $211 countywide.
- ✓1 commercial distress signals on the 2026 tax roll.
- ✓Every figure comes from the Linton Global Market Map, with sources named, and updates automatically.
About Michael R. Linton
Who is Michael R. Linton? Michael R. Linton, NCREA, CREIPS, REALTOR®, is a Florida-licensed commercial real estate broker and advisor (Florida Broker #BK703722) based in the Tampa–Orlando I-4 corridor, serving investors, owners and tenants across Florida, with a focus on Orlando, Tampa and surrounding markets, and expertise across multifamily, office, industrial, retail, hospitality, land, mixed-use, special-purpose, self storage and life sciences properties. He leads Linton Global Solutions and HireMikeLinton.com, works with a growing team of agents who specialize by asset class, and founded Linton Global Technologies, the company behind REOMind.ai.
Why choose Michael R. Linton for Indian Rocks Beach? Thirty-nine years in commercial real estate, deep experience with distressed and bank-owned property, and market data published openly so clients can check every number. See the Florida commercial broker profile.
Michael Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions
Cell: (312) 612-1031
Email: mike@lintonglobal.com
LintonGlobal.com
Frequently Asked Questions
Is the Indian Rocks Beach, FL real estate market going up or down?+
Roughly flat. As of September 2026, median list prices were up 0.2% in 33785 from a year earlier, against down 3.6% for Pinellas County. Homes took 119 days to sell, and active listings were up 1.4% from a year ago.
How much do homes cost in Indian Rocks Beach?+
The median list price was $798,450 in September 2026. In 2025 mortgage (HMDA) data, the median home-purchase price was $845,000 and the median buyer earned $390,000.
How much is commercial real estate selling for in Indian Rocks Beach?+
Arm’s-length commercial and industrial sales on the 2026 Pinellas County tax roll had a median of too few sales to report per square foot in Indian Rocks Beach, versus $211 countywide. There were 1 such sales across 486 commercial parcels.
Is there distressed or bank-owned commercial property in Indian Rocks Beach?+
Some. The 2026 tax roll shows 0 commercial distress transfers and 1 bank-held parcels in Indian Rocks Beach’s ZIP codes, out of 31 and 20 across Pinellas County.
Is Indian Rocks Beach a good place to own rental property?+
About 21% of households rent, and HUD’s FY2027 fair market rent for a two-bedroom is $2,180 a month. Investors took 53.9% of 2025 home-purchase loans, against 14.3% countywide. Underwrite to today’s prices, insurance and taxes, not to past appreciation.
Where does this Indian Rocks Beach market data come from?+
From the Linton Global Market Map, which joins Realtor.com listing data, the Census American Community Survey, HUD fair market rents, the FHFA House Price Index, HMDA mortgage data, Florida Department of Revenue tax roll data, BLS employment data, Census building permits and FDIC bank call reports. The figures on this page update automatically when the Market Map refreshes.
Who can help me buy or sell commercial property in Indian Rocks Beach?+
Michael R. Linton, Florida Broker #BK703722, leads Linton Global Solutions and advises investors, owners, tenants and banks on commercial property, small multifamily, land, distressed assets and 1031 exchanges across Indian Rocks Beach and Pinellas County. Call (312) 612-1031 or email mike@lintonglobal.com.
Works Cited
- Consumer Financial Protection Bureau and FFIEC. “HMDA Data Browser.” ffiec.cfpb.gov/data-browser. Accessed 19 Oct. 2026.
- Federal Deposit Insurance Corporation. “BankFind Suite.” banks.data.fdic.gov. Accessed 19 Oct. 2026.
- Federal Housing Finance Agency. “House Price Index.” www.fhfa.gov/data/hpi. Accessed 19 Oct. 2026.
- U.S. Department of Housing and Urban Development. “Small Area Fair Market Rents.” HUD User, www.huduser.gov/portal/datasets/fmr/smallarea. Accessed 19 Oct. 2026.
- U.S. Bureau of Labor Statistics. “Quarterly Census of Employment and Wages.” www.bls.gov/cew. Accessed 19 Oct. 2026.
- U.S. Census Bureau. “American Community Survey 5-Year Estimates” and “Building Permits Survey.” www.census.gov. Accessed 19 Oct. 2026.
- Realtor.com Economic Research. “Housing Inventory: ZIP Level Data.” www.realtor.com/research/data. Accessed 19 Oct. 2026.
- Florida Department of Revenue. “Property Tax Data Files (NAL/SDF).” 2026 final roll, Pinellas County, via LGData.
- Ebyabe. “City Hall and library, Indian Rocks Beach.” Wikimedia Commons, CC BY-SA 4.0, commons.wikimedia.org/wiki/File:FL_Indian_Rocks_Beach_Beach_city_hall_library_auditorium01.jpg. Accessed 19 Oct. 2026.
Disclosure: This article uses data tools developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions. This content is for informational purposes only and does not constitute investment, legal, or financial advice.
Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only; people make every final decision. Readers should conduct their own due diligence and consult qualified professionals before making investment decisions.
Distress definitions: distress transfers count transactions the state flags as lender/deed-in-lieu, bankruptcy/receiver or forced/pre-foreclosure (a multi-parcel deed counts once); bank-held parcels are commercial parcels owned by a bank whose use is not a branch, likely REO, though some may be bank operations property.
Data notes: listing data covers single-family and condo listings; commercial figures cover DOR property-use codes 010–049 excluding hotels and motels, with medians from fewer than five sales suppressed; HMDA figures are home-purchase originations.