The Longboat Key housing market is somewhat competitive. The median sale price of a home in Longboat Key was $866K last month, down 22.7% since last year. The median sale price per square foot in Longboat Key is $562, down 20.5% since last year.
What is the housing market like in Longboat Key today?
In February 2025, Longboat Key home prices were down 22.7% compared to last year, selling for a median price of $866K. On average, homes in Longboat Key sell after 34 days on the market compared to 52 days last year. There were 31 homes sold in February this year, down from 40 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$866,000
-22.7% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Longboat Key, FL
$866,000
-22.7%
United States
To compare other locations to the Longboat Key and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Longboat Key add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Longboat Key
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Longboat Key housing market?
Longboat Key is somewhat competitive. Homes sell in 33 days.
0
100
53
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 33 days.
Hot homes
can sell for about 1% below list price and go pending in around 10 days.
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.
View houses in Longboat Key that sold recently
Recently sold homes
SOLD MAR 14, 2025
$700,000 Last Sold Price
2 beds
2 baths
1,561 sq ft
5757 Gulf OF Mexico Dr #109, Longboat Key, FL 34228
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 Longboat Key housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Longboat Key.
Flood Factor - Extreme
95% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Longboat Key has an extreme risk of flooding. 2,919 properties in Longboat Key are likely to be
severely affected
by flooding over the next 30 years. This represents 95% of all properties in Longboat Key. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Longboat Key has a moderate risk of wildfire. There are 6 properties in Longboat Key that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Longboat Key.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Longboat Key has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Longboat Key is most at risk from hurricanes. 3,115 properties in Longboat Key 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 224 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 229 mph.