Call or Text (240) SELL-123

SUMMERLAND KEY, FL 33042

Real Estate Market Report  ·  Monroe County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SUMMERLAND KEY, FL real estate market (33042) currently shows 154 active listings, with 23 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 79 days on market compared to 74 days last year.

The median listing price has risen 7.5% year-over-year, from $1,299,000 to $1,396,000.

Whether you are buying or selling in SUMMERLAND KEY, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SUMMERLAND KEY, FL 33042 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 6,990  ·  Density: 97.8/mi²  ·  Median household income: $104,325

Typical home value: $701,534  ·  Homeownership: 78.9%

Market Overview

Active Listings
154
⇩ 11% vs 173 last year
Pending
23
15% pending ratio
Median Price
$1,396,000
⇧ 7.5% vs $1,299,000 last year
Average Price
$2,036,256
⇧ 3.8% vs $1,962,344 last year
Days on Market
79
⇧ 6.8% vs 74 days last year

Price Per Square Foot

Median $/sqft
$909
⇩ 2.3% vs $930/sqft last year
Median Home Size
1,557 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 154 this year vs 173 last year
  • Days on market: 79 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $1,396,000 (+7.5% YoY)
  • Average: $2,036,256 (+3.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 96.1 miles — 2,652 listings ($3,272,707,402 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33042Summerland Key, FL 330420.0 mi151$312,791,215$1,408,500$2,071,465
33040Key West, FL 3304016.4 mi443$848,800,404$1,357,250$1,916,028
33051Key Colony Beach, FL 3305130.7 mi73$145,649,308$1,418,750$1,995,196
33036Islamorada, FL 3303657.1 mi148$653,042,896$2,550,000$4,412,452
33070Tavernier, FL 3307065.7 mi133$307,263,516$1,100,000$2,310,252
34138Chokoloskee, FL 3413879.8 mi3$1,620,000$540,000$540,000
33030Homestead, FL 3303083.7 mi193$151,771,726$692,000$786,382
33031Homestead, FL 3303186.0 mi73$99,040,195$1,219,500$1,356,715
33033Homestead, FL 3303388.4 mi557$251,691,590$450,000$451,870
33170Miami, FL 3317089.7 mi141$124,791,627$667,495$885,047
33032Homestead, FL 3303291.2 mi458$240,669,382$475,248$525,479
33190Miami, FL 3319094.5 mi104$50,082,968$454,950$481,567
33193Miami, FL 3319396.1 mi175$85,492,575$367,500$488,529

Frequently Asked Questions

How many homes are for sale in SUMMERLAND KEY, FL 33042?

As of March 2026, there are 154 active listings in SUMMERLAND KEY, FL (zip code 33042), compared to 173 the prior year.

What is the median home price in SUMMERLAND KEY, FL 33042?

The median listing price in SUMMERLAND KEY, FL 33042 is $1,396,000 as of March 2026, a 7.5% increase from $1,299,000 the prior year.

How long do homes stay on the market in SUMMERLAND KEY, FL?

Homes in SUMMERLAND KEY, FL 33042 spend an average of 79 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in SUMMERLAND KEY, FL 33042?

Based on current inventory and days-on-market data as of March 2026, SUMMERLAND KEY, FL 33042 is currently a Balanced Market. Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 79 days on market compared to 74 days last year.

How much can I save on real estate commission in SUMMERLAND KEY, FL?

With SELL123.com's maximum 3% commission, sellers in SUMMERLAND KEY, FL 33042 save an estimated $27,920 compared to a typical 5% commission on the median listing price of $1,396,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.