Monroe County, FL Home Values & Market Trends
The median home price in Monroe County, FL is $1,128,558. There were 2,518 home sales in Monroe County, FL over the past 12 months. The median residential Monroe County, FL home value for transactions over the previous year is $883,582. The number of current listings in Monroe County, FL is 3,087, and the percentage of properties for sale is 3087.00%. The county has 148 foreclosures, 2 bank owned properties, 4 headed for auction, and 3,087 properties for sale.
Monroe County, FL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Key West | $ 1,225,000 $ 888/sqft | Big Pine Key | $ 850,000 $ 650/sqft |
| Key Largo | $ 925,092 $ 603/sqft | Islamorada | $ 2,495,000 $ 982/sqft |
| Marathon | $ 1,229,768 $ 709/sqft | Long Key | $ 9,999,000 $ 1,980/sqft |
| Summerland Key | $ 1,099,000 $ 736/sqft | Key Colony Beach | $ -- $ -- |
| Tavernier | $ 1,099,137 $ 744/sqft |
Housing Market Summary for Monroe County, FL
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.2M | $1.2M | 1.79% |
| Median Sold Price | $1.1M | $1M | -2.62% |
| Homes For Sale | 2,671 | 3,082 | 15.39% |
| Homes Sold | 1,162 | 803 | -30.90% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Monroe County, FL
Browse Homes in Monroe County, FL
Monroe County, FL home values range from $219,535 to $24,995,000. Islamorada is the priciest city with a median listing home price of $2,500,000, and Long Key is most affordable with average house prices of around $445,000.
- Pre-ForeclosurePre-foreclosure homes account for 3.40% of all residential properties in Monroe County, FL with Key West containing 45 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Monroe County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $3,053,392 in Big Pine Key to the lowest home value of $286,169 in Key West.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Monroe County, FL ranges from the highest value of $0 in Key West to the lowest value of $2,086,499 in Key West. Bank owned homes and properties account for 0.05% of properties in Monroe County, FL. There are 9 cities within Monroe County, FL; Key Largo containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsBig Pine Key has 2 auction properties, the highest number of properties going to auction in a single city in the state of Monroe County, FL. Auction homes and other auction properties account for 0.10% of all properties in Monroe County, FL. There are 9 cities within Monroe County, FL; of those cities, the median estimated home value for homes going to auction ranges from $895,702 in Key West to the lowest value of $499,999 in Key West.
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More Real Estate Resources for Monroe County, FL
Guide for Monroe County, FL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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