Key Largo, FL Housing Market
The Key Largo housing market is not very competitive. The median sale price of a home in Key Largo was $863K last month, up 1.5% since last year. The median sale price per square foot in Key Largo is $571, down 27.4% since last year.
Key Largo Housing Market Trends
In February 2025, Key Largo home prices were up 1.5% compared to last year, selling for a median price of $863K. On average, homes in Key Largo sell after 182 days on the market compared to 73 days last year. There were 12 homes sold in February this year, down from 22 last year.

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How hot is the Key Largo housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 168 days.
- Hot homescan sell for about 1% below list price and go pending in around 62 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 83 days.
- Hot homescan sell for around list price and go pending in around 46 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 7% below list price and go pending in around 135 days.
- Hot homescan sell for about 4% below list price and go pending in around 66 days.
Key Largo Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Key Largo from outside metros.
- New York homebuyers searched to move into Key Largo more than any other metro followed by San Francisco and Washington.
- 71% of Key Largo homebuyers searched to stay within the Key Largo metropolitan area.
- Cape Coral was the most popular destination among Key Largo homebuyers followed by Orlando and Sarasota.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '25 - Mar '25 | ||
1 | 5,824 | ||
2 | 2,190 | ||
3 | 2,061 | ||
4 | 1,558 | ||
5 | 1,095 | ||
6 | 1,083 | ||
7 | 744 | ||
8 | 428 | ||
9 | 189 | ||
10 | 162 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '25 - Mar '25 | ||
1 | 3,304 | ||
2 | 2,114 | ||
3 | 1,005 | ||
4 | 886 | ||
5 | 878 | ||
6 | 786 | ||
7 | 741 | ||
8 | 683 | ||
9 | 608 | ||
10 | 339 |
View houses in Key Largo that sold recently
Recently sold homes
- $530,000 Last Sold Price4 beds2 baths1,398 sq ft21 Orange Dr, Key Largo, FL 33037List Price$570,000Sale to List7% under listDays on Market414 days21 Orange Dr, Key Largo, FL 33037
- $985,000 Last Sold Price3 beds2 baths2,051 sq ft5 Palm Dr, Key Largo, FL 33037List Price$1,099,999Sale to List10% under listDays on Market116 days5 Palm Dr, Key Largo, FL 33037
- $630,000 Last Sold Price2 beds1 bath1,248 sq ft312 Sound Dr, Key Largo, FL 33037List Price$668,300Sale to List6% under listDays on Market102 days312 Sound Dr, Key Largo, FL 33037
- $650,000 Last Sold Price3 beds2 baths2,031 sq ft341 3Rd Rd, Key Largo, FL 33037List Price$679,000Sale to List4% under listDays on Market105 days341 3Rd Rd, Key Largo, FL 33037
- $1,250,000 Last Sold Price2 beds2.5 baths1,238 sq ft96000 Overseas Hwy Unit N7, Key Largo, FL 33037(305) 664-4444List Price$1,350,000Sale to List7% under listDays on Market63 days96000 Overseas Hwy Unit N7, Key Largo, FL 33037
- $790,000 Last Sold Price2 beds2 baths1,462 sq ft1636 Monmouth Ln, Key Largo, FL 33037List Price$810,000Sale to List2% under listDays on Market249 days1636 Monmouth Ln, Key Largo, FL 33037
- $1,500,000 Last Sold Price2 beds2 baths1,440 sq ft25 S Exuma Rd, Key Largo, FL 33037List Price$1,575,000Sale to List5% under listDays on Market63 days25 S Exuma Rd, Key Largo, FL 33037
- $344,000 Last Sold Price2 beds1 bath786 sq ft145 2nd Ct, Key Largo, FL 33037List Price$349,000Sale to List1% under listDays on Market71 days145 2nd Ct, Key Largo, FL 33037
See all recently sold homes in Key Largo.
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Schools in Key Largo
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Key Largo School Public • PreK-8 | 773 Students | 6 reviews |
Climate's impact on Key Largo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Key Largo.
Flood Factor - Extreme
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Extreme
Wind Factor

Wind likelihood over time
Heat Factor - Extreme
Heat Factor

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