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County Overview

Monroe County, FL

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

Market Analysis

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

The Monroe County, FL real estate market currently shows 1,730 active listings, with 257 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 83 days on market compared to 77 days last year.

The median listing price has risen 0.1% year-over-year, from $1,299,000 to $1,299,995.

Whether you are buying or selling in Monroe County, 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: 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, 33045

Big Pine Key: 33043

Islamorada: 33036

Key Colony Beach: 33051

Key Largo: 33037

Long Key: 33001

Marathon: 33050

Marathon Shores: 33052

Summerland Key: 33042

Tavernier: 33070

Area Map

Market Overview

Active Listings
1,730
⇩ 0.9% vs 1,745 last year
Pending
257
15% pending ratio
Median Price
$1,299,995
⇧ 0.1% vs $1,299,000 last year
Average Price
$2,551,280
⇧ 6.3% vs $2,400,266 last year
Days on Market
83
⇧ 7.8% vs 77 days last year

Price Per Square Foot

Median $/sqft
$878
⇩ 3.1% vs $906/sqft last year
Median Home Size
1,559 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇩ 6% vs 0.2% last year
Price Increased
0%
⇧ 3.4%
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 %