The Key Royale housing market is not very competitive. The median sale price of a home in Key Royale was $3.5M last month, up 134.3% since last year. The median sale price per square foot in Key Royale is $1.19K, up 21.2% since last year.
What is the housing market like in Key Royale today?
In March 2024, Key Royale home prices were up 134.3% compared to last year, selling for a median price of $3.5M. There were 4 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$3,550,000
+134.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Key Royale, FL
$3,550,000
+134.3%
United States
To compare other locations to the Key Royale and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Holmes Beach add value to a home.
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How hot is the Key Royale housing market?
Key Royale is not very competitive. Homes sell in 112 days.
0
100
5
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 12 months
Multiple offers are rare.
The average homes sell for about 9% below list price and go pending in around 112 days.
Hot homes
can sell for about 3% below list price and go pending in around 38 days.
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 Key Royale housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Key Royale.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Key Royale has an extreme risk of flooding. 333 properties in Key Royale are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Key Royale. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Key Royale has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Key Royale is most at risk from hurricanes. 339 properties in Key Royale 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 195 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 205 mph.