Longboat Key
Housing Market
Median sale price $732,500, down 1.8% year over year, with homes going under contract in about 82 days.
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Housing Market Analyst
Prices are down 1.8% versus the prior year, but sellers are still collecting 89.5% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
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 buyers.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Mortgage sensitivity — at 5.0× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Longboat Key data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Longboat Key
The median sale price across Longboat Key currently stands at $732,500, down 1.8% from a year ago. Buyers are paying a median of $454 per square foot. The typical home goes under contract in about 82 days. Sellers are capturing 89.5% of their original asking price on average.
Longboat Key prices sit above the Sarasota County median by roughly 69%. Zillow's home value index for Sarasota County stands at $399,679. About 24% 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 Longboat Key is 35 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 September 15, 2026.
Longboat Key since 2012 — and where it’s heading
A median home here sold for $615,146 in 2012 and $1,247,681 over the last recorded year — 103% appreciation across 14 years of recorded sales. Cash buyers took 79% of recent sales, down from a 87% peak.
Median sale price · 2012–2026 (616 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Sarasota County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Sarasota County (MLS)
Median price · daily recalculation
What’s driving Longboat Key
Top inbound states: NY, NJ, MA, IL. Movers arriving report ~$141,412 average income. Source: IRS SOI county-to-county migration, 2022-2023
4,849 Citizens policies in force in Sarasota County — the state-backed insurer of last resort. Budget insurance into any Sarasota purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
4,283 single-family · 2,344 multi-family · 14.8 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.
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Sarasota County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Longboat Key ← this page | $732K | — | 35 | |
| Sarasota | $504K | 28 | 36 | Open → |
| Nokomis | $450K | 1 | 32 | Open → |
Neighborhoods on the move
| Country Club ShoresLongboat Key | $2.75M | ▲ 10% |
| FAIRWAY BAY 1Longboat Key | $560K | ▲ -24% |
| FAIRWAY BAY 1Longboat Key | $560K | ▼ 24% |
| Country Club ShoresLongboat Key | $2.75M | ▼ 10% |
| Country Club ShoresLongboat Key | $2.75M | 108 days |
| FAIRWAY BAY 1Longboat Key | $560K | 125 days |
Longboat Key ZIP codes
Most active communities
More on Longboat Key
Put this data to work
The questions people actually ask
Should I buy a house in Longboat Key right now?
The data says conditions currently favor buyers in Longboat Key — the Momentum Score reads 35/100. 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 Longboat Key becoming more affordable?
Yes, modestly — the median sale price in Longboat Key is $732,500, down 1.8% versus the prior year, while sellers still capture 89.5% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in Longboat Key?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are FAIRWAY BAY 1 (-24%); Country Club Shores (10%). 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 Longboat Key neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Country Club Shores (108 days); FAIRWAY BAY 1 (125 days) — homes there go under contract well ahead of the market-wide pace of 82 days.
How does Longboat Key compare to the rest of Sarasota County?
Longboat Key's median of $732,500 runs 69% above the county-wide median of $432,500, and homes here take 82 days to go under contract versus 57 county-wide.
Longboat Key housing market FAQ
Is it a good time to sell a house in Longboat Key?
By the numbers, sellers in Longboat Key are getting 89.5% of asking price and going under contract in about 82 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 Longboat Key housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Longboat Key median sale prices are down 1.8% 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 Longboat Key?
The median sale price in Longboat Key is currently $732,500, down 1.8% from a year ago, based on MLS sales data updated September 15, 2026.
Is Longboat Key a buyer's or seller's market right now?
The data currently favors buyers. Longboat Key scores 35 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in Longboat Key?
The typical home in Longboat Key goes under contract in about 82 days, per current MLS data.
Are home prices in Longboat Key rising or falling?
Median sale prices are down 1.8% 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 Longboat 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: September 15, 2026 at 7:33 PM 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.