Key Colony
Housing Market
Median sale price $1,100,000, up 36.6% year over year, with homes going under contract in about 102 days, 55 homes on the market.
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Housing Market Analyst
Inventory sits at 7.8 months of supply — heavy by the 3-to-6-month balanced benchmark. Prices are up 36.6% versus the prior year and sellers are still collecting 94.2% 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.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Mortgage sensitivity — at 11.0× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Key Colony data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Key Colony
The median sale price across Key Colony currently stands at $1,100,000, up 36.6% from a year ago. The typical home goes under contract in about 102 days. Homes are selling for about 94.2% of their original asking price.
There are 55 active listings on the market, with 8 more already under contract. With 85 closed sales over the trailing 12 months (55 listings divided by 85 / 12), that works out to 7.8 months of supply — a buyer-leaning market by the 3-to-6-month balanced band.
Key Colony prices sit above the Monroe County median by roughly 21%. Zillow's home value index for Monroe County stands at $962,885. About 17% 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 Key Colony 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 November 9, 2026.
Key Colony since 2012 — and where it’s heading
A median home here sold for $562,400 in 2012 and $1,146,363 over the last recorded year — 104% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (573 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 Key Colony
Top inbound states: CA, IL, MD. Movers arriving report ~$170,384 average income. Source: IRS SOI county-to-county migration, 2022-2023
16,693 Citizens personal-lines policies in Monroe County; average premium $6,671 before the 2026 change, $6,463 after (-3.1%). Citizens is the state-backed insurer of last resort; budget insurance into any Monroe purchase. Source: Citizens Property Insurance Corporation, 2026 Approved Rate Changes by County (ALL PERSONAL LINES COMBINED table).
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
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.
Neighborhoods on the move
| KEY COLONY BEACHKey Colony | $1.30M | 47 days |
Key Colony ZIP codes
Most active communities
More on Key Colony
Put this data to work
Key Colony guides & data
Everything we publish about Key Colony: live listings by type, prices and market data, taxes, insurance and what it costs to live here.
The questions people actually ask
Should I buy a house in Key Colony right now?
The data says conditions currently favor neither side decisively in Key Colony — the Momentum Score reads 47/100 with 7.8 months of supply. 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 Key Colony becoming more affordable?
No — the median sale price in Key Colony is $1,100,000, up 36.6% versus the prior year, while sellers still capture 94.2% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Which Key Colony neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are KEY COLONY BEACH (47 days) — homes there go under contract well ahead of the market-wide pace of 102 days.
How does Key Colony compare to the rest of Monroe County?
Key Colony's median of $1,100,000 runs 21% above the county-wide median of $907,500, and homes here take 102 days to go under contract versus 84 county-wide.
Key Colony housing market FAQ
How is the housing market in Key Colony right now?
As of November 9, 2026, the Key Colony housing market is roughly balanced: the median sale price is $1,100,000 (up 36.6% year over year), 55 homes are for sale against 85 sales in the last 12 months, which is 7.8 months of supply, and the typical home goes under contract in about 102 days.
How much is a house in Key Colony?
The median home sold for $1,100,000 in Key Colony over the last 12 months; asking prices on the 55 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Key Colony?
By the numbers, sellers in Key Colony are getting 94.2% of asking price and going under contract in about 102 days with 7.8 months of supply. Under three months of supply generally favors sellers, three to six is balanced, and over six favors buyers. 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 Key Colony housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Key Colony median sale prices are up 36.6% year over year, inventory stands at 7.8 months of supply. 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 Key Colony?
The median sale price in Key Colony is currently $1,100,000, up 36.6% from a year ago, based on MLS sales data updated November 9, 2026.
Is Key Colony a buyer's or seller's market right now?
The data currently is roughly balanced. Key Colony scores 47 of 100 on the Momentum Score, with 7.8 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Key Colony?
The typical home in Key Colony goes under contract in about 102 days, per current MLS data.
How many homes are for sale in Key Colony?
There are approximately 55 active listings in Key Colony as of November 9, 2026.
Are home prices in Key Colony rising or falling?
Median sale prices are up 36.6% 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 Key Colony. 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 the MLS listing counts from the last data refresh (date below); 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: November 9, 2026
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.
<a href="https://movewithmomentum.com/market/key-colony">Key Colony Housing Market: Median $1.10M, +36.6% YoY — Momentum Realty</a>