Upper Matecumbe Key Islamorada
Housing Market
Median sale price $969,000, up 151.8% year over year, with homes going under contract in about 143 days.
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Housing Market Analyst
Prices are up 151.8% versus the prior year and sellers are still collecting 90.3% 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 11.6× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Upper Matecumbe Key Islamorada data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Upper Matecumbe Key Islamorada
The median sale price across Upper Matecumbe Key Islamorada currently stands at $969,000, up 151.8% from a year ago. The typical home goes under contract in about 143 days. Sellers are capturing 90.3% of their original asking price on average.
Upper Matecumbe Key Islamorada prices sit above the Monroe County median by roughly 7%. 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 Upper Matecumbe Key Islamorada is 41 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.
Upper Matecumbe Key Islamorada since 2012 — and where it’s heading
A median home here sold for $331,071 in 2012 and $1,181,588 over the last recorded year — 257% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (260 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 Upper Matecumbe Key Islamorada
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
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 Monroe County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Upper Matecumbe Key Islamorada ← this page | $969K | — | 41 | |
| Forsyth | $505K | 18 | 47 | Open → |
Upper Matecumbe Key Islamorada ZIP codes
Most active communities
More on Upper Matecumbe Key Islamorada
Put this data to work
The questions people actually ask
Should I buy a house in Upper Matecumbe Key Islamorada right now?
The data says conditions currently favor buyers in Upper Matecumbe Key Islamorada — the Momentum Score reads 41/100. 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 Upper Matecumbe Key Islamorada becoming more affordable?
No — the median sale price in Upper Matecumbe Key Islamorada is $969,000, up 151.8% versus the prior year, while sellers still capture 90.3% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
How does Upper Matecumbe Key Islamorada compare to the rest of Monroe County?
Upper Matecumbe Key Islamorada's median of $969,000 runs 7% above the county-wide median of $907,500, and homes here take 143 days to go under contract versus 86 county-wide.
Upper Matecumbe Key Islamorada housing market FAQ
Is it a good time to sell a house in Upper Matecumbe Key Islamorada?
By the numbers, sellers in Upper Matecumbe Key Islamorada are getting 90.3% of asking price and going under contract in about 143 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 Upper Matecumbe Key Islamorada housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Upper Matecumbe Key Islamorada median sale prices are up 151.8% 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 Upper Matecumbe Key Islamorada?
The median sale price in Upper Matecumbe Key Islamorada is currently $969,000, up 151.8% from a year ago, based on MLS sales data updated October 3, 2026.
Is Upper Matecumbe Key Islamorada a buyer's or seller's market right now?
The data currently favors buyers. Upper Matecumbe Key Islamorada scores 41 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in Upper Matecumbe Key Islamorada?
The typical home in Upper Matecumbe Key Islamorada goes under contract in about 143 days, per current MLS data.
Are home prices in Upper Matecumbe Key Islamorada rising or falling?
Median sale prices are up 151.8% 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 Upper Matecumbe Key Islamorada. 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.