33042 (Cudjoe Key)
Housing Market & Home Values
Median sale price $907,500, up 3.7% year over year, with homes going under contract in about 79 days.
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Housing Market Analyst
Prices are up 3.7% versus the prior year and sellers are still collecting 92.2% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Mortgage sensitivity — at 11.6× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 33042 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 33042 (Cudjoe Key)
The median sale price across 33042 currently stands at $907,500, up 3.7% from a year ago. The typical home goes under contract in about 79 days. Sellers are capturing 92.2% of their original asking price on average.
Zillow's home value index for Monroe County stands at $959,843. About 19% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 33042 is 47 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 3, 2026.
33042 since 2012 — and where it’s heading
A median home here sold for $342,964 in 2012 and $1,118,944 over the last recorded year — 226% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (4,220 recorded sales)
Days on market by year
Home value trend · Monroe County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Monroe County (MLS)
Median price · daily recalculation
What’s driving 33042
Top inbound states: CA, IL, MD. Movers arriving report ~$170,384 average income. Source: IRS SOI county-to-county migration, 2022-2023
1,542 Citizens policies in force in Monroe County — the state-backed insurer of last resort. Budget insurance into any Monroe purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
239 single-family · 40 multi-family · 3.4 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Monroe
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 33042 ← this page | $908K | — | 47 | |
| 31029 | $505K | 18 | 47 | Open → |
Neighborhoods on the move
| SUMMERLAND COVE ISLESummerland Key | $2.36M | ▲ 57% |
| CUDJOE GARDENSCudjoe Key | $1.65M | ▲ 20% |
| VENTURE OUTCudjoe Key | $650K | ▲ 18% |
| SANDSBig Pine Key | $630K | ▲ 17% |
| BREEZESWEPT BEACH ESTATESRamrod Key | $986K | ▲ 14% |
| CUDJOE OCEAN SHORESCudjoe Key | $1.15M | ▼ 45% |
| CORAL SHORES ESTATESLittle Torch Key | $360K | ▼ 29% |
| SUMMERLAND KEY COVESummerland Key | $1.10M | ▼ 21% |
| Cutthroat Harbor EstatesCudjoe Key | $900K | ▼ 1% |
| JOLLY ROGER ESTATESLittle Torch Key | $1.20M | ▼ 14% |
| Cutthroat Harbor EstatesCudjoe Key | $900K | 24 days |
| CUDJOE OCEAN SHORESCudjoe Key | $1.15M | 36 days |
| CUDJOE GARDENSCudjoe Key | $1.65M | 46 days |
| SUMMERLAND KEY COVESummerland Key | $1.10M | 59 days |
| CORAL SHORES ESTATESLittle Torch Key | $360K | 60 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33042 right now?
The data says conditions currently favor neither side decisively in 33042 — the Momentum Score reads 47/100. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 33042 becoming more affordable?
No — the median sale price in 33042 is $907,500, up 3.7% versus the prior year, while sellers still capture 92.2% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 33042?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are CUDJOE OCEAN SHORES (-45%); CORAL SHORES ESTATES (-29%); SUMMERLAND KEY COVE (-21%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 33042 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Cutthroat Harbor Estates (24 days); CUDJOE OCEAN SHORES (36 days); CUDJOE GARDENS (46 days) — homes there go under contract well ahead of the market-wide pace of 79 days.
33042 (Cudjoe Key) housing market FAQ
Is it a good time to sell a house in 33042?
By the numbers, sellers in 33042 are getting 92.2% of asking price and going under contract in about 79 days. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 33042 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 33042 median sale prices are up 3.7% year over year. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 33042?
The median sale price in 33042 is currently $907,500, up 3.7% from a year ago, based on MLS sales data updated October 3, 2026.
Is 33042 a buyer's or seller's market right now?
The data currently is roughly balanced. 33042 scores 47 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in 33042?
The typical home in 33042 goes under contract in about 79 days, per current MLS data.
Are home prices in 33042 rising or falling?
Median sale prices are up 3.7% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 33042 (Cudjoe Key). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: October 3, 2026 at 11:31 AM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.