Monroe County
Housing Market
Median sale price $907,500, up 8.5% year over year, with homes going under contract in about 86 days, 1,275 homes on the market.
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Housing Market Analyst
100% of listed homes are already under contract. Prices are up 8.5% versus the prior year and sellers are still collecting 91.4% 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 — building over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 100% of inventory sits under contract.
- Mortgage sensitivity — at 11.7× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Monroe County data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Monroe County
The median sale price across Monroe County currently stands at $907,500, up 8.5% from a year ago. The typical home goes under contract in about 86 days. Sellers are capturing 91.4% of their original asking price on average.
There are 1,275 active listings on the market, with 251 more already under contract.
Zillow's home value index for Monroe County stands at $960,827. About 20% 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 Monroe County is 61 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 21, 2026.
Monroe County since 2012 — and where it’s heading
A median home here sold for $357,501 in 2012 and $1,142,325 over the last recorded year — 220% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (23,770 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 Monroe County
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.
How it stacks up against neighboring counties
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Monroe County ← this page | $908K | 1,275 | 61 | |
| Collier County | $605K | 4,548 | 33 | Open → |
| Lee County | $379K | 9,221 | 59 | Open → |
| Hendry County | $285K | 294 | 41 | Open → |
| Miami-Dade County | $550K | 16,633 | 35 | Open → |
Neighborhoods on the move
| SUMMERLAND COVE ISLESummerland Key | $2.36M | ▲ 57% |
| LAKE SURPRISE PROPERTIESKey Largo | $1.18M | ▲ 47% |
| KEY LARGO NORTH - MARNIER'S CLUBKey Largo | $1.41M | ▲ 45% |
| KEY WEST REALTY COSKey West | $987K | ▲ 23% |
| EDEN PINES COLONYBig Pine Key | $880K | ▲ 22% |
| CUDJOE OCEAN SHORESCudjoe Key | $1.15M | ▼ 45% |
| LITTLE VENICEMarathon | $715K | ▼ 35% |
| KEY LARGO MOB HOMESITESKey Largo | $364K | ▼ 31% |
| CORAL SHORES ESTATESLittle Torch Key | $360K | ▼ 29% |
| CROSS KEY WATERWAYSKey Largo | $1.24M | ▼ 25% |
| Cutthroat Harbor EstatesCudjoe Key | $900K | 24 days |
| BUTTONWOOD BAYKey Largo | $1.15M | 35 days |
| CUDJOE OCEAN SHORESCudjoe Key | $1.15M | 36 days |
| LARGO GARDENSKey Largo | $568K | 38 days |
| LITTLE VENICEMarathon | $715K | 42 days |
Cities in Monroe County
ZIP codes
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in Monroe County right now?
The data says conditions currently favor neither side decisively in Monroe County — the Momentum Score reads 61/100. 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 Monroe County becoming more affordable?
No — the median sale price in Monroe County is $907,500, up 8.5% versus the prior year, while sellers still capture 91.4% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in Monroe County?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are CUDJOE OCEAN SHORES (-45%); LITTLE VENICE (-35%); KEY LARGO MOB HOMESITES (-31%). 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 Monroe County neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Cutthroat Harbor Estates (24 days); BUTTONWOOD BAY (35 days); CUDJOE OCEAN SHORES (36 days) — homes there go under contract well ahead of the market-wide pace of 86 days.
Monroe County housing market FAQ
How is the housing market in Monroe County right now?
As of September 21, 2026, the Monroe County housing market favors sellers: the median sale price is $907,500 (up 8.5% year over year), 1,275 homes are for sale, and the typical home goes under contract in about 86 days.
How much is a house in Monroe County?
The median home sold for $907,500 in Monroe County over the last 12 months; asking prices on the 1,275 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 Monroe County?
By the numbers, sellers in Monroe County are getting 91.4% 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 Monroe County housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Monroe County median sale prices are up 8.5% year over year, and 100% 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 Monroe County?
The median sale price in Monroe County is currently $907,500, up 8.5% from a year ago, based on MLS sales data updated September 21, 2026.
Is Monroe County a buyer's or seller's market right now?
The data currently favors sellers. Monroe County scores 61 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in Monroe County?
The typical home in Monroe County goes under contract in about 86 days, per current MLS data.
How many homes are for sale in Monroe County?
There are approximately 1,275 active listings in Monroe County as of September 21, 2026.
Are home prices in Monroe County rising or falling?
Median sale prices are up 8.5% 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 Monroe County. 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 21, 2026 at 8:13 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.