Housing in Key Largo, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$999,000

Median List Price

$994,500

Price Per Sq Ft

$648

Days on Market

169

Active Inventory

212

Months of Supply

14.1

Buyer's market

Zillow Home Value

$1,051,036

ZHVI — January 2026

Zillow Rent Index

$3,378

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 20.3%List Price 4.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

6.7%

Off Market in 2 Weeks

13.8%

Sale-to-List Ratio

95.0%

Buyer's market

Sold Above Asking
6.7%
Under Contract in 2 Wks
13.8%
Listings with Price Drops
23.6%

Market Activity

Source: Redfin

Homes Sold

15

New Listings

48

Pending Sales

29

Homes Sold 37.5%New Listings 0.0%Pending 20.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$648

Median List $/SF

$796

Sale $/SF 17.7%List $/SF 3.2%Mar 24Jan 26

Key Largo vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Key Largo is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$626,300

Median Rent

$1,889

Total Housing Units

8,570

Vacancy Rate

41.1%

Owner Occupied

76.2%

Renter Occupied

23.8%

Median Property Tax

$3,096

per year

Monthly Cost (w/ Mortgage)

$1,221

Housing Types

Single Family
65.3%
Multi-Family
17.6%
Mobile Home
17.1%

The current median sale price in Key Largo, FL is $999,000 according to Redfin data. Homes spend a median of 169 days on the market. 6.7% of homes sold above asking price. The market has 14.1 months of supply. The median price per square foot is $648. Zillow's observed rent index is $3,378/month. About 76.2% of housing units are owner-occupied. The median year homes were built is 1983. There are 8,570 total housing units.