Moving to Longboat Key, Florida: The 2026 Data Guide
As of 2026-09-13, the median home sold in Longboat Key, Florida over the last 12 months went for $732,000 (69 closings across 17 communities in Momentum’s MLS record), about $454 per square foot for a median 1,601-sq-ft home built around 1981. Homes currently listed have been on the market a median of 108 days, and with 41 active listings against that sales pace the city is carrying roughly 7.1 months of supply. Sellers have been getting about 91% of their original asking price. That median is 81% above the median across Momentum’s Florida and Georgia coverage.
What your budget buys in Longboat Key
Three price points from 71 recent Longboat Key closings in our record, each showing what actually closed within 10% of that price:
- Around $732,000: the typical sale in this band was a 3-bed, 2-bath home of about 1,690 sq ft, built around 1983 (10 sales).
- Around $1,500,000: the typical sale in this band was a 3-bed, 2.75-bath home of about 1,944 sq ft, built around 1982 (8 sales).
The real monthly cost of owning in Longboat Key
Take the median $732,000 home with 20% down at today’s 6.76% 30-year rate: principal and interest run about $3,802/month. Sarasota County’s typical total millage is 13.48 mills, so after the $50,000 homestead exemption the property tax is roughly $9,192/year ($766/month) for a new owner — the seller’s capped bill on the listing will be lower and is not your number. Citizens Property Insurance’s average premium in Sarasota County is about $2,126/year; private-market quotes vary with roof age and wind mitigation. 71% of current Longboat Key listings carry an HOA, with a median of $304/month where one applies. All in, budget on the order of $5,049/month to own the median Longboat Key home including a typical HOA.
For the full worksheet — taxes by scenario, the homestead exemption, and how the Save Our Homes cap works after year one — see the Sarasota County property tax guide and our home insurance by county map.
Where people are buying: Longboat Key’s most active communities
The communities with the most closings in the last 12 months, with each one’s median sale and how long its current listings have been on the market. Every name links to that community’s own guide with live listings.
| Community | Sales (12 mo) | Median | Days listed |
|---|---|---|---|
| Country Club Shores | 18 | $2,750,000 | 108 |
| Fairway Bay | 10 | $560,000 | 125 |
| Bayport Beach & Tennis Club | 7 | $700,000 | 40 |
| Seaplace | 5 | $525,000 | 28 |
| Twin Shores | 5 | $101,011 | 76 |
Longboat Key by ZIP code
Sales and medians by ZIP over the same 12 months: 34228 (70 sales, median $777,500).
What’s for sale: property types, new construction, and age of homes
Of the last 12 months of sales, 23% were single-family homes, 6% townhomes or villas, and 61% condos. The housing stock skews older: 6% of homes sold were built in 2015 or later and 36% before 1980.
Getting around from Longboat Key
Measured from the center of Longboat Key’s recent sales: Downtown Tampa is about 42 miles; Tampa International Airport (TPA) is about 43 miles; Lakeland is about 62 miles; Fort Myers is about 67 miles. Distances are straight-line; drive times depend on the corridor and time of day.
Schools, taxes, and insurance: where to verify
School assignments change; check the Sarasota County school grades page for the district’s current grades, and confirm zoning for a specific address directly with the district. Property tax figures on this page use Sarasota County’s typical millage of 13.48; municipal and special-district millage varies inside the county. Insurance uses Citizens’ Sarasota County average of $2,126/year; a wind-mitigation inspection and roof age can move a private quote a long way in either direction.
Longboat Key: the case for and against
What works in Longboat Key’s favor
- about 7.1 months of supply gives buyers room to negotiate
- insurance is comparatively manageable here (Citizens average $2,126/year)
- no state income tax, and Florida’s Save Our Homes cap limits assessment growth once you homestead
What to plan for
- prices run 81% above the statewide median in our coverage
- listings sit a median of 108 days, which favors buyers on price but signals a slower market
- 71% of listings carry an HOA (median $304/month)
- property taxes reset to your purchase price, so never budget off the seller’s bill
Your Longboat Key relocation toolkit
Common questions about moving to Longboat Key
How much does a house cost in Longboat Key, FL?
What does it cost per month to own a home in Longboat Key?
What are property taxes like in Longboat Key?
Is Longboat Key a buyer's or seller's market right now?
Is there a lot of new construction in Longboat Key?
Does Florida have a state income tax?
Sales figures are Momentum Realty’s MLS record of closings in Longboat Key communities over the trailing 12 months (community snapshots as of their last refresh; price-band examples from the most recent closings on file); tax and insurance figures are Sarasota County data. Estimates, not guarantees; verify before relying on them. General relocation guidance, not financial advice. Equal Housing Opportunity.