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County Overview

Monroe County, FL

Aggregate real estate market report across county ZIPs
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Monroe County, FL real estate market currently shows 1,375 active listings, with 216 pending sales. Homes are averaging 114 days on the market before going under contract.

Inventory has increased compared to last year, with 75 more homes available — giving buyers more choice.

Homes are selling faster, averaging 114 days on market compared to 119 days last year.

The median listing price has fallen 4.1% year-over-year, from $1,250,000 to $1,199,000.

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Market Context

Market Context

Population: 82,028  ·  Density: 499.9/mi²  ·  Median household income: $80,328

Typical home value: $710,762  ·  Homeownership: 61.8%

Included Areas

Key West: 33040, 33041

Big Pine Key: 33043

Islamorada: 33036

Key Colony Beach: 33051

Key Largo: 33037

Truman Annex1: 33045

Long Key: 33001

Marathon: 33050

Marathon Shores: 33052

Summerland Key: 33042

Tavernier: 33070

Area Map

Market Overview

Active Listings
1,375
⇧ 5.8% vs 1,300 last year
Pending
216
16% pending ratio
Median Price
$1,199,000
⇩ 4.1% vs $1,250,000 last year
Average Price
$2,411,356
⇧ 4.3% vs $2,311,513 last year
Days on Market
114
⇩ 4.2% vs 119 days last year

Price Per Square Foot

Median $/sqft
$832
⇩ 4.3% vs $869/sqft last year
Median Home Size
1,490 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 5.6% vs 0.1% last year
Price Increased
0%
⇧ 44.6%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %