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Downtown Miami (Downtown) Grand Bay Key Colony Virginia Key

KEY BISCAYNE, FL 33149

Real Estate Market Report  ·  Miami-Dade County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33149

Downtown Miami (Downtown) · Grand Bay · Key Colony · Virginia Key

Market Analysis

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

The KEY BISCAYNE, FL real estate market (33149) currently shows 185 active listings, with 40 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 90 days on market compared to 74 days last year.

The median listing price has risen 11.9% year-over-year, from $2,225,000 to $2,488,750.

Whether you are buying or selling in KEY BISCAYNE, 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.

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Market Context

Market Context

Population: 14,639  ·  Density: 1,200.4/mi²  ·  Median household income: $169,792

Typical home value: $1,313,910  ·  Homeownership: 65.1%

Market Overview

Active Listings
185
⇩ 14.4% vs 216 last year
Pending
40
22% pending ratio
Median Price
$2,488,750
⇧ 11.9% vs $2,225,000 last year
Average Price
$4,899,718
⇧ 12.4% vs $4,359,114 last year
Days on Market
90
⇧ 21.6% vs 74 days last year

Price Per Square Foot

Median $/sqft
$1,124
⇧ 1.5% vs $1,107/sqft last year
Median Home Size
1,830 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 185 this year vs 216 last year
  • Days on market: 90 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $2,488,750 (+11.9% YoY)
  • Average: $4,899,718 (+12.4% 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 9.4 miles — 5,981 listings ($12,830,728,554 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33149Key Biscayne, FL 331490.0 mi184$879,905,664$2,197,500$4,782,096
33131Miami, FL 331313.1 mi955$1,624,185,690$810,000$1,700,718
33132Miami, FL 331323.7 mi824$1,067,025,616$630,000$1,294,934
33139Miami Beach, FL 331394.2 mi1,370$3,626,700,990$549,000$2,647,227
33145Miami, FL 331455.0 mi165$162,067,950$850,000$982,230
33133Miami, FL 331335.1 mi427$1,547,103,411$1,999,000$3,623,193
33125Miami, FL 331256.3 mi144$81,370,944$493,750$565,076
33140Miami Beach, FL 331406.5 mi667$2,009,004,667$850,000$3,012,001
33146Miami, FL 331467.0 mi89$244,893,646$1,809,475$2,751,614
33142Miami, FL 331428.1 mi134$71,082,310$504,950$530,465
33141Miami Beach, FL 331418.8 mi720$1,247,425,200$549,222$1,732,535
33150Miami, FL 331509.2 mi128$92,834,816$558,500$725,272
33155Miami, FL 331559.4 mi174$177,127,650$843,250$1,017,975

Frequently Asked Questions

How many homes are for sale in KEY BISCAYNE, FL 33149?

As of March 2026, there are 185 active listings in KEY BISCAYNE, FL (zip code 33149), compared to 216 the prior year.

What is the median home price in KEY BISCAYNE, FL 33149?

The median listing price in KEY BISCAYNE, FL 33149 is $2,488,750 as of March 2026, a 11.9% increase from $2,225,000 the prior year.

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

Homes in KEY BISCAYNE, FL 33149 spend an average of 90 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 KEY BISCAYNE, FL 33149?

Based on current inventory and days-on-market data as of March 2026, KEY BISCAYNE, FL 33149 is currently a Balanced Market. Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 90 days on market compared to 74 days last year.

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

With SELL123.com's maximum 3% commission, sellers in KEY BISCAYNE, FL 33149 save an estimated $49,775 compared to a typical 5% commission on the median listing price of $2,488,750. 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.