33070 (Key Largo)
Housing Market & Home Values
Median sale price $905,000, up 8.9% year over year, with homes going under contract in about 86 days.
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Housing Market Analyst
71% of listed homes are already under contract. Prices are up 8.9% versus the prior year and sellers are still collecting 91.5% 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 sellers.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 71% of inventory sits under contract.
- 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 33070 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 33070 (Key Largo)
The median sale price across 33070 currently stands at $905,000, up 8.9% from a year ago. Buyers are paying a median of $290 per square foot. The typical home goes under contract in about 86 days. Sellers are capturing 91.5% 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 33070 is 62 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 3, 2026.
33070 since 2012 — and where it’s heading
A median home here sold for $391,719 in 2012 and $1,212,721 over the last recorded year — 210% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (4,873 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 33070
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.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
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 | |
|---|---|---|---|---|
| 33070 ← this page | $905K | — | 62 | |
| 31029 | $505K | 18 | 47 | Open → |
Neighborhoods on the move
| KEY LARGO NORTH - MARNIER'S CLUBKey Largo | $1.41M | ▲ 45% |
| VENETIAN SHORESPlantation Key | $2.61M | ▲ 16% |
| PLANT KEY COLONYPlantation Key | $1.61M | ▲ 15% |
| SILVER PALM PARKMiami | $659K | ▲ 13% |
| LARGO SOUND PARKKey Largo | $760K | ▲ 7% |
| CROSS KEY WATERWAYSKey Largo | $1.24M | ▼ 25% |
| CALUSA CAMPGROUNDKey Largo | $315K | ▼ 19% |
| OCEAN HARBORPlantation Key | $1.15M | ▼ 18% |
| EXECUTIVE BAYPlantation Key | $572K | ▼ 9% |
| INDIAN WATERWAYSPlantation Key | $1.77M | ▼ 1% |
| SILVER PALM PARKMiami | $659K | 4 |
| INDIAN WATERWAYSPlantation Key | $1.77M | 43 days |
| TWIN LAKESKey Largo | $1.58M | 54 days |
| BUCCANEER POINTKey Largo | $2.46M | 62 days |
| SILVER PALM PARKMiami | $659K | 62 days |
| LARGO SOUND PARKKey Largo | $760K | 63 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33070 right now?
The data says conditions currently favor neither side decisively in 33070 — the Momentum Score reads 62/100. 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 33070 becoming more affordable?
No — the median sale price in 33070 is $905,000, up 8.9% versus the prior year, while sellers still capture 91.5% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 33070?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are CROSS KEY WATERWAYS (-25%); CALUSA CAMPGROUND (-19%); OCEAN HARBOR (-18%). 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 33070 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are INDIAN WATERWAYS (43 days); TWIN LAKES (54 days); BUCCANEER POINT (62 days) — homes there go under contract well ahead of the market-wide pace of 86 days.
33070 (Key Largo) housing market FAQ
Is it a good time to sell a house in 33070?
By the numbers, sellers in 33070 are getting 91.5% of asking price and going under contract in about 86 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 33070 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 33070 median sale prices are up 8.9% year over year, and 71% of listings are under contract. 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 33070?
The median sale price in 33070 is currently $905,000, up 8.9% from a year ago, based on MLS sales data updated October 3, 2026.
Is 33070 a buyer's or seller's market right now?
The data currently favors sellers. 33070 scores 62 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in 33070?
The typical home in 33070 goes under contract in about 86 days, per current MLS data.
Are home prices in 33070 rising or falling?
Median sale prices are up 8.9% 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 33070 (Key Largo). 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.