Key Largo, FL Housing Market
The Key Largo housing market is not very competitive. The median sale price of a home in Key Largo was $1.2M last month, up 36.2% since last year. The median sale price per square foot in Key Largo is $876, up 39.0% since last year.
Key Largo Housing Market Trends
In November 2025, Key Largo home prices were up 36.2% compared to last year, selling for a median price of $1.2M. On average, homes in Key Largo sell after 125 days on the market compared to 199 days last year. There were 18 homes sold in November this year, down from 20 last year.

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How hot is the Key Largo housing market?
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 139 days.
- Hot homescan sell for about 2% below list price and go pending in around 55 days.
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 3% below list price and go pending in around 92 days.
- Hot homescan sell for around list price and go pending in around 47 days.
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 8% below list price and go pending in around 138 days.
- Hot homescan sell for about 2% below list price and go pending in around 66 days.
Key Largo Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Key Largo from outside metros.
- New York homebuyers searched to move into Key Largo more than any other metro followed by San Francisco and Washington.
- 69% of Key Largo homebuyers searched to stay within the Key Largo metropolitan area.
- Cape Coral was the most popular destination among Key Largo homebuyers followed by Orlando and Minneapolis.
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '25 - Nov '25 | ||
| 1 | 4,814 | ||
| 2 | 1,686 | ||
| 3 | 1,526 | ||
| 4 | 1,076 | ||
| 5 | 779 | ||
| 6 | 713 | ||
| 7 | 506 | ||
| 8 | 193 | ||
| 9 | 170 | ||
| 10 | 104 | ||
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '25 - Nov '25 | ||
| 1 | 2,096 | ||
| 2 | 2,043 | ||
| 3 | 902 | ||
| 4 | 859 | ||
| 5 | 774 | ||
| 6 | 753 | ||
| 7 | 710 | ||
| 8 | 710 | ||
| 9 | 501 | ||
| 10 | 482 | ||
View houses in Key Largo that sold recently
Recently sold homes
- $1,150,000 Last Sold Price3 beds2 baths1,454 sq ft9 N Blackwater Ln, Key Largo, FL 33037List Price$1,299,000Sale to List11% under listDays on Market97 days9 N Blackwater Ln, Key Largo, FL 33037
- $750,000 Last Sold Price3 beds3 baths927 sq ft1500 Ocean Bay Dr Unit H12, Key Largo, FL 33037List Price$765,999Sale to List2% under listDays on Market208 days1500 Ocean Bay Dr Unit H12, Key Largo, FL 33037
- $3,400,000 Last Sold Price4 beds3 baths4,204 sq ft505 Caribbean Dr, Key Largo, FL 33037(305) 451-4078List Price$3,790,000Sale to List10% under listDays on Market115 days505 Caribbean Dr, Key Largo, FL 33037
- $4,075,000 Last Sold Price4 beds3.5 baths3,440 sq ft4 South Dr, Key Largo, FL 33037(305) 451-4078List Price$4,250,000Sale to List4% under listDays on Market60 days4 South Dr, Key Largo, FL 33037
- $3,000,000 Last Sold Price5 beds4 baths2,658 sq ft15 Mutiny Pl, Key Largo, FL 33037List Price$3,300,000Sale to List9% under listDays on Market411 days15 Mutiny Pl, Key Largo, FL 33037
- $890,000 Last Sold Price3 beds2 baths1,763 sq ft810 Madrid Rd, Key Largo, FL 33037List Price$899,000Sale to List1% under listDays on Market50 days810 Madrid Rd, Key Largo, FL 33037
- $2,300,000 Last Sold Price4 beds4.5 baths1,260 sq ft202 Atlantic Blvd, Key Largo, FL 33037(305) 367-3600List Price$2,525,000Sale to List9% under listDays on Market240 days202 Atlantic Blvd, Key Largo, FL 33037
- $273,500 Last Sold Price—beds—baths—sq ft325 Calusa St #38, Key Largo, FL 33037(305) 451-0060List Price$299,000Sale to List9% under listDays on Market302 days325 Calusa St #38, Key Largo, FL 33037
See all recently sold homes in Key Largo.
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Schools in Key Largo
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Key Largo School Public • PreK-8 | 773 Students | 6 reviews |
Climate's impact on Key Largo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Key Largo.
Flood Factor - Extreme
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Extreme
Wind Factor

Wind likelihood over time
Heat Factor - Extreme
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