Nicholas Giaccone
Map of Monroe County, Florida

Homes for sale in

Monroe County, Florida

Life on the water, from Key Largo to Key West

337

Homes for sale

$925,000

Median list price

$986

Avg price / sqft

84

Median days on market

Monroe County is the Florida Keys — a string of islands where daily life runs on tides, boat ramps, and sunsets over the Gulf. You can build a life around the reef in Key Largo, the sportfishing culture of Islamorada and Marathon, or the historic streets and nightlife of Key West. Quieter islands like Tavernier and Big Pine trade the bustle for backcountry flats and a slower pace.

This is a water-first market, and the numbers show it: 219 of the 337 active listings are waterfront homes and 147 are priced above $1M, pushing the median list to $925,000. Homes here are compact — median size is 1,407 sqft at $986 per foot — so you're paying for location and dockage as much as square footage. With a median 84 days on market and sellers netting about 94% of asking, there's room to negotiate if you come prepared.

30-minute drive area around Monroe County

Within a 30-minute drive of the county center

Quick facts

15 cities & towns

$85,000$40M price range

1,407 sqft median home

$3,998/mo median rent

Leans buyer right now

Fresh on the market

Newest homes in Monroe County

View all 337 homes →

250 of 337 active listings shown

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Find your fit

Most popular Monroe County searches

The numbers that matter

The Monroe County market

Leans buyer

22.5 months of inventory

Seller’s marketBuyer’s market

Inventory is building — buyers have leverage and time.

345

Sold, last 12 months

$935,000

Median sold price

94%

Sale-to-list ratio

What sellers actually get vs asking

96 days

Median time to sell

Monroe County vs Florida

Median list price

Monroe County$925K
Florida Co.$400K

Price per sqft

Monroe County$986
Florida Co.$378

Days on market

Monroe County84d
Florida Co.57d

Median sold price — 3-yr, 3-mo rolling

31.6% yr/yr

$275K$2.6M$5.0MSep ’23Jul ’26

Homes on the market

1618.2% yr/yr

6226446Aug ’23Jul ’26

Homes sold per month

02039Aug ’24Jul ’26

Live Stellar MLS data — listings and closed sales in Monroe County, FL. Rolling medians smooth single-month swings.

Pick your town

Cities in Monroe County

Show all 15 Monroe County cities A–Z+

Beyond the listings

Living in Monroe County

01

Waterfront is the default

Of 337 active listings, 219 are waterfront, so canal access and dockage are the norm rather than the exception.

02

A true million-dollar-plus market

147 active homes are priced above $1M, and the median list price sits at $925,000.

03

Small footprints, premium pricing

The median home is just 1,407 sqft but trades at $986 per square foot, reflecting the value of location over size.

04

Islands with distinct personalities

From the reef diving of Key Largo to the historic core of Key West, each key offers a different pace and price point.

05

Room to negotiate

With a median 84 days on market and sellers averaging 94% of asking, buyers who do their homework can find leverage.

Population

81,840

Median age

48.9

Median income

$82,430

Median home value

$723,800

What people here are into

Hobbies & Interests

Top 5% in the U.S.

Wanderlust

Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.

Lifestyles

Top 22% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Culture

Top 22% in the U.S.

Sites to See

This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.

Hobbies & Interests

Top 25% in the U.S.

Natural Beauty

This population marvels at the beauty of nature, and they want to capture every breath-taking scene.

Entertainment

Live & Local Music

This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.

Entertainment

Lighthearted Fun

This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.

What it really costs

Owning here

Owning the median Monroe County home

$6,185/mo

Principal & interest $4,874
Property tax $495
HOA / fees $606
Insurance (est.) $210

$925,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

2%

In a FEMA flood zone

Most homes here sit outside high-risk zones

$3,998/mo

Median rent

82 homes for rent right now

Straight answers

Monroe County real estate FAQs

Is Monroe County a good place to live?+

If your idea of home involves boats, diving, and sunset water views, the Keys are hard to beat — 219 of the current listings are waterfront. Communities range from family-friendly Tavernier and Big Pine to the energy of Key West. It's a lifestyle built around the ocean, so buyers usually prioritize dockage and elevation over acreage.

Is Monroe County expensive?+

Yes — it's one of Florida's priciest markets, with a median list price of $925,000 and 147 active homes over $1M. At $986 per square foot, you pay a premium for island location and water access. That said, listings span from $85,000 up to $40,000,000, and you can browse by price to find the lower end.

What do homes cost in the Keys?+

Over the last 12 months, 345 homes sold at a median price of $935,000, closely tracking the current $925,000 median list. The housing mix leans toward single-family homes with 241 active, alongside 44 condos and 28 mobile homes. Expect compact floor plans — the median home is 1,407 sqft.

How is the market right now?+

It's a market with negotiating room: the median home takes 84 days to sell and sellers average 94% of their asking price. With 337 active listings against 345 sales in the past year, supply and demand are roughly balanced. Watching the just reduced listings is a smart way to spot motivated sellers.

What about HOA fees and property taxes?+

The median HOA runs about $606/month, common in condo and gated communities where amenities and insurance are shared. Median property tax is $5,942 a year. If you're weighing a rental strategy, the median rent here is $3,998/month.

Keep exploring

Nearby counties

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.

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