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LONGBOAT KEY, FL 34228

Real Estate Market Report  ·  Manatee County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LONGBOAT KEY, FL real estate market (34228) currently shows 464 active listings, with 74 pending sales. Homes are averaging 94 days on the market before going under contract.

Inventory has increased compared to last year, with 45 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 94 days on market compared to 61 days last year.

The median listing price has fallen 17.8% year-over-year, from $1,398,425 to $1,149,750.

Whether you are buying or selling in LONGBOAT 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.

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Market Context

Market Context

Population: 7,479  ·  Density: 708.1/mi²  ·  Median household income: $141,250

Typical home value: $912,013  ·  Homeownership: 93.7%

Market Overview

Active Listings
464
⇧ 10.7% vs 419 last year
Pending
74
16% pending ratio
Median Price
$1,149,750
⇩ 17.8% vs $1,398,425 last year
Average Price
$2,282,106
⇩ 11% vs $2,563,749 last year
Days on Market
94
⇧ 54.1% vs 61 days last year

Price Per Square Foot

Median $/sqft
$725
⇩ 7.9% vs $787/sqft last year
Median Home Size
1,602 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 464 this year vs 419 last year
  • Days on market: 94 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $1,149,750 (-17.8% YoY)
  • Average: $2,282,106 (-11% 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 14.9 miles — 3,781 listings ($5,849,494,992 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
34228Longboat Key, FL 342280.0 mi439$973,259,488$1,149,500$2,216,992
34207Bradenton, FL 342074.6 mi184$52,897,976$156,500$287,489
34236Sarasota, FL 342366.3 mi646$1,749,701,982$1,598,000$2,708,517
34243Sarasota, FL 342436.5 mi320$158,034,880$403,125$493,859
34209Bradenton, FL 342097.1 mi465$251,855,160$377,250$541,624
34237Sarasota, FL 342378.3 mi128$65,294,336$346,411$510,112
34239Sarasota, FL 342398.9 mi235$494,486,295$1,022,500$2,104,197
34208Bradenton, FL 342089.8 mi224$143,655,232$452,500$641,318
34242Sarasota, FL 3424210.7 mi498$1,133,686,542$1,162,500$2,276,479
34216Anna Maria, FL 3421611.2 mi87$322,818,633$2,995,000$3,710,559
34233Sarasota, FL 3423312.4 mi151$61,637,143$314,750$408,193
34250Terra Ceia, FL 3425012.7 mi17$24,633,799$1,397,000$1,449,047
34202Bradenton, FL 3420214.9 mi387$417,533,526$766,000$1,078,898

Frequently Asked Questions

How many homes are for sale in LONGBOAT KEY, FL 34228?

As of March 2026, there are 464 active listings in LONGBOAT KEY, FL (zip code 34228), compared to 419 the prior year.

What is the median home price in LONGBOAT KEY, FL 34228?

The median listing price in LONGBOAT KEY, FL 34228 is $1,149,750 as of March 2026, a 17.8% decrease from $1,398,425 the prior year.

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

Homes in LONGBOAT KEY, FL 34228 spend an average of 94 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in LONGBOAT KEY, FL 34228?

Based on current inventory and days-on-market data as of March 2026, LONGBOAT KEY, FL 34228 is currently a Buyer's Market. Inventory has increased compared to last year, with 45 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 94 days on market compared to 61 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LONGBOAT KEY, FL 34228 save an estimated $22,995 compared to a typical 5% commission on the median listing price of $1,149,750. 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.