All Home Types
Key Biscayne, FL Housing Market
What is the housing market like in Key Biscayne today?
In October 2024, Key Biscayne home prices were down 32.6% compared to last year, selling for a median price of $1.1M. On average, homes in Key Biscayne sell after 103 days on the market compared to 88 days last year. There were 14 homes sold in October this year, down from 20 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,109,160
-32.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Key Biscayne, FL
$1,109,160
-32.6%
United States
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Key Biscayne Migration & Relocation Trends
In Aug '24 - Oct '24, 29% of Key Biscayne homebuyers searched to move out of Key Biscayne, while 71% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Key Biscayne from outside metros.
- New York homebuyers searched to move into Key Biscayne more than any other metro followed by Washington and San Francisco.
Where are people moving to Key Biscayne from?
- 71% of Key Biscayne homebuyers searched to stay within the Key Biscayne metropolitan area.
- Cape Coral was the most popular destination among Key Biscayne homebuyers followed by Orlando and Jacksonville.
Where are people from Key Biscayne moving to?
Number of People Moving to Key Biscayne
least
most
People are moving to Key Biscayne from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 4,978 | ||
| 2 | 1,386 | ||
| 3 | 1,291 | ||
| 4 | 1,158 | ||
| 5 | 766 | ||
| 6 | 742 | ||
| 7 | 528 | ||
| 8 | 229 | ||
| 9 | 169 | ||
| 10 | 95 | ||
People are leaving Key Biscayne for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 2,303 | ||
| 2 | 1,739 | ||
| 3 | 897 | ||
| 4 | 785 | ||
| 5 | 748 | ||
| 6 | 661 | ||
| 7 | 657 | ||
| 8 | 598 | ||
| 9 | 532 | ||
| 10 | 348 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Key Biscayne.
Provided by First Street Foundation
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