All Home Types
Key Biscayne, FL Housing Market
What is the housing market like in Key Biscayne today?
In December 2024, Key Biscayne home prices were down 6.8% compared to last year, selling for a median price of $1.6M. On average, homes in Key Biscayne sell after 131 days on the market compared to 154 days last year. There were 16 homes sold in December this year, up from 14 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,607,500
-6.8% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Key Biscayne, FL
$1,607,500
-6.8%
United States
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Key Biscayne Migration & Relocation Trends
In Oct '24 - Dec '24, 30% of Key Biscayne homebuyers searched to move out of Key Biscayne, while 70% 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 San Francisco and Washington.
Where are people moving to Key Biscayne from?
- 70% 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 | Oct '24 - Dec '24 | ||
| 1 | 4,533 | ||
| 2 | 1,637 | ||
| 3 | 1,270 | ||
| 4 | 1,140 | ||
| 5 | 649 | ||
| 6 | 624 | ||
| 7 | 545 | ||
| 8 | 262 | ||
| 9 | 150 | ||
| 10 | 77 | ||
People are leaving Key Biscayne for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 2,275 | ||
| 2 | 1,398 | ||
| 3 | 822 | ||
| 4 | 704 | ||
| 5 | 683 | ||
| 6 | 676 | ||
| 7 | 622 | ||
| 8 | 616 | ||
| 9 | 563 | ||
| 10 | 515 | ||
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.
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