Market reports › FL

Key Largo, FL housing market

What's happening in the Key Largo market right now.

$1.1M
Typical home value
+3.5% in a year
+31.8%
Home values, 5 years
$3,304/mo
Typical rent
+4.2% in a year
$1.18M
Median list price · Monroe County
−6% in a year
1,226
Homes for sale · Monroe County
+3.4% in a year
110 days
Median days on market · Monroe County
13.5%
Listings with a price cut
27.7
Price-to-rent ratio
$750K $1M 201620182020202220242026

Buyer's or seller's market?

Key Largo, FL leans toward a buyer's market: homes in Monroe County take a median of 110 days to sell, and the number for sale is +3.4% on a year ago. Buyers have room to negotiate; sellers should price carefully.

12-month outlook

−0.5% to +3.5% for the typical Key Largo home value over the next 12 months.

A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.

Sources: Zillow Home Value Index, August 2026 · Zillow Observed Rent Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Monroe County as a whole.

See 359 Key Largo agents Browse homes

Key Largo market — questions answered

What is the typical home value in Key Largo, FL?

$1.1M as of August 2026, +3.5% on a year earlier (Zillow Home Value Index).

Are home prices going up in Key Largo, FL?

Yes — the typical home value changed +3.5% over the year to August 2026 and +31.8% over five years.

Is Key Largo, FL a buyer's or seller's market?

It leans toward buyers: the median home in Monroe County sells in 110 days (Realtor.com, August 2026).

How much is rent in Key Largo, FL?

The typical rent is $3,304 a month as of August 2026, +4.2% on a year earlier (Zillow Observed Rent Index).

How many homes are for sale in Key Largo, FL?

1,226 homes were listed for sale across Monroe County in August 2026 (Realtor.com).

Who are the best real estate agents in Key Largo, FL?

Homegrity lists 359 licensed Key Largo agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/key-largo.

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