Key Biscayne Home Values (2026): What Houses Are Actually Selling For

Key Biscayne, Miami-Dade County, Florida · Momentum Research · updated 2026-09-12

Homes in Key Biscayne sold for a median of $1,750,000 over the last 12 months (135 recorded sales), $929 per square foot, and prices are up 17.4% year over year. The typical sale took 81 days to go under contract and closed at 92.8% of the original asking price. Long run: -4.5% a year since 2013 (median $3.18M then). No algorithm can price your specific house from that; a records-based valuation can. The data first, then how to get one.

Median sale (12 mo)
$1,750,000
135 recorded sales
Price per sq ft
$929
median, closed sales
Days to contract
81
median
Year over year
+17.4%
median sale price
Sale-to-ask
92.8%
closed price vs. original list
Months of supply
n/a
62 active / 15 pending

Key Biscayne home values year by year

Median recorded sale price, price per square foot, days to contract and sale-to-ask for every year we hold Key Biscayne sales. The compound growth rate works out to -4.5% a year since 2013 (median $3.18M then).

YearMedian sale$/sq ftDays to contractSale-to-askSales
2013$3,179,333$88213792.8%15
2014$2,050,000$81411692.6%15
2018$1,672,500$7817589.5%56
2019$1,278,962$64915388.4%93
2020$1,342,083$61316187.6%112
2021$1,656,460$7698595.3%368
2022$2,263,251$9964795.1%223
2023$1,799,729$9657191.1%125
2024$2,217,353$1,1126693.4%116
2025$2,381,037$1,0638991.5%106
2026$2,522,063$1,1678192.8%135

Where the Key Biscayne market is tight, by price band

Months of supply is active inventory divided by the monthly sales pace; under about four months favors sellers, over six favors buyers. Find your band before you price.

Key Biscayne home values by ZIP code

Active listings and list medians from our feeds today; the typical value and one-year change are Zillow’s ZHVI for the ZIP, which tracks the whole housing stock rather than only what sold.

ZIPActive listingsMedian listTypical value (ZHVI)1-yr changeListings with a price cut
3314984$1,350,000$1,692,135+4.6%13%

Home values by community in Key Biscayne

The communities with the most recorded sales in the last 12 months. Each links to its own home-value page with the full price history.

CommunityMedian saleYear over yearDays to contractSales (12 mo)Active
TOWERS OF KEY BISCAYNE CO$1,500,000+16.5%65215
TROPICAL ISLE HOMES SUB 4$5,220,000+41.1%69116
BISCAYNE KEY ESTATES$3,487,500+3.2%172108
COMMODORE CLUB SOUTH COND$1,197,000n/a9597
THE EMERALDBAY @ KEY COLO$1,400,000+14.8%2392
COMMODORE CLUB WEST CONDO$1,037,500+29.7%6184
LAKE TOWER CONDO$2,700,000n/a12771
OCEAN VILLAGE CONDO$712,500-6.9%14461
OCEANA KEY BISCAYNE CONDO$8,375,000+2.1%7967
KEY COLONY NO 2 CONDO$1,120,000-20.8%9251
OCEAN TOWER TWO CONDO$4,975,000n/a1552
CLUB TOWER TWO CONDO$2,950,000n/a8442

Communities moving fastest in Key Biscayne

Rising: TROPICAL ISLE HOMES SUB 4 (+41%), COMMODORE CLUB WEST CONDO (+30%), TOWERS OF KEY BISCAYNE CO (+16%), BISCAYNE KEY ESTATES (+3%). Year-over-year change in median recorded sale; small communities swing on a handful of sales, so read these as leads, not verdicts.

What moves the sale price in Key Biscayne beyond the medians

New construction was 2% of sales, which sets the ceiling on what resale buyers will pay for a comparable resale. Sellers have been closing at 92.8% of original asking, so the list price is a negotiation opener, not the number. Zillow’s ZIP metrics put the city’s price-to-income ratio near 7.63 and five-year appreciation near +6.6%. Condition, lot, roof age, insurance quote and the specific street’s last three closings move an individual house well outside these ranges.

What is my house worth in Key Biscayne?

Not a number this page can give you, and not one an automated model can either: every value above is a median of many Key Biscayne sales, and the spread inside it is wide. A records-based valuation pulls the recorded closings on your street and in your community, adjusts for size, condition, lot and what your home has that the comps do not, and comes back as a written range with a net sheet showing what you would clear at each price after commissions, Florida doc stamps, title and payoff. Momentum Realty does that for Key Biscayne owners at no cost through the form below; the Messtimate gives a square-footage range in the meantime, and the seller net proceeds calculator runs the arithmetic on any price you are considering.

Selling in Key Biscayne: next steps

Frequently asked questions

What is the median home price in Key Biscayne, FL?
$1,750,000 across 135 recorded sales in the last 12 months, +17.4% year over year; $929 per square foot.
How long does it take to sell a house in Key Biscayne?
The median Key Biscayne sale went under contract in 81 days, and closed at 92.8% of the original asking price.
Are home prices in Key Biscayne going up or down?
Up: the median recorded sale is +17.4% versus a year ago. Over the long run Key Biscayne has compounded at -4.5% a year since 2013 (median $3.18M then).
What is my house worth in Key Biscayne?
No automated number is reliable for a specific house; the medians on this page are city-wide. A Momentum Realty agent prepares a records-based valuation from the closed sales on your street and in your community, free, with a net sheet, through the form on this page.
Which Key Biscayne communities hold value best?
The communities with the most sales are in the table above with year-over-year change; read small-community swings with caution, since a handful of sales can move a median by double digits.

Figures are recorded closed sales and active listings from the MLS feeds behind our Key Biscayne pages, aggregated by Momentum Research as of 2026-09-12; ZIP typical values from Zillow (ZHVI). Community-level aggregates only; nothing on this page is a valuation of any specific property, an appraisal, or an offer. Deemed reliable but not guaranteed. EAB RE Investments LLC dba Momentum Realty, a licensed Florida real estate brokerage. Equal Housing Opportunity.

Your selling path in Key Biscayne
  1. 1.What is it worth? (you are here) — Records-based value, not an algorithm
  2. 2.Best month to list — Seasonality from the county's closings
  3. 3.Why it isn't selling — Price cuts, days on market, what buyers skip
  4. 4.Your net proceeds — County doc stamps, title, commission, payoff
  5. 5.What selling costs — Line by line, Florida and Georgia

One form, one local agent, no call center: every step above lands on the same seller form or a records-based answer.

What is your Key Biscayne house worth?

A valuation from the records, not an algorithm.

The numbers on this page are Key Biscayne’s recorded sales, not a guess about your house. A Momentum Realty listing agent pulls the closed sales on your street, adjusts for what your home actually has, and gives you a written range and a net sheet. Free, no obligation, no automated value.

Just curious? Try the Messtimate for a square-footage range, or run the seller net proceeds calculator.

Get my Key Biscayne home value

A local listing agent replies with a records-based range, usually within one business day.

or call (904) 351-6461