The Village of Key Biscayne housing market is not very competitive. The median sale price of a home in Village of Key Biscayne was $1.5M last month, up 41.7% since last year. The median sale price per square foot in Village of Key Biscayne is $1.2K, up 37.1% since last year.
What is the housing market like in Village of Key Biscayne today?
In February 2024, Village of Key Biscayne home prices were up 41.7% compared to last year, selling for a median price of $1.5M. On average, homes in Village of Key Biscayne sell after 107 days on the market compared to 83 days last year. There were 34 homes sold in February this year, down from 35 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,487,500
+41.7% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Village of Key Biscayne, FL
$1,487,500
+41.7%
United States
To compare other locations to the Village of Key Biscayne and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Key Biscayne add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Village of Key Biscayne housing market?
Village of Key Biscayne is not very competitive. Homes sell in 76.5 days.
0
100
16
Not Very Competitive
Redfin Compete Score™
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 77 days.
Hot homes
can sell for about 1% below list price and go pending in around 9 days.
Learn about schools in the Village of Key Biscayne area
Elementary
Middle
High
GreatSchools Rating
9/10
Key Biscayne K-8 Center
Public • PreK-8
1241
Students
24 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Village of Key Biscayne housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Village of Key Biscayne.
Risk Factor
Flood Factor - Extreme
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Village of Key Biscayne has an extreme risk of flooding. 1,493 properties in Village of Key Biscayne are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Village of Key Biscayne. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Village of Key Biscayne has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Village of Key Biscayne is most at risk from hurricanes. 1,505 properties in Village of Key Biscayne have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 211 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 227 mph.
47% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Village of Key Biscayne has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 47% of homes in Village of Key Biscayne have an Extreme Heat Factor®.
Village of Key Biscayne is expected to see a 257% increase in the number of days over 102ºF over the next 30 years. Village of Key Biscayne is expected to experience 4