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Featured local agent — North Key Largo, FL
Sarah Mitchell
Compass Real Estate · North Key Largo, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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North Key Largo, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$2.98Mmedian sale price
How is the North Key Largo, FL housing market right now?
The median home sale price in North Key Largo, FL is $2.98M, down 24.5% year-over-year. Homes sell in an average of 127 days with 3 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is North Key Largo a buyer's or seller's market?
North Key Largo, FL is currently a balanced market, based on 1.5 months of supply and homes selling in about 127 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
127
Average pace
Active listings
3
1.5 months supply
Sale-to-list
94.8%
Below asking
What does the North Key Largo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $2.98M |
| Median list price | $912,500 |
| Year-over-year price change | -24.5% |
| Average days on market | 127 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 94.8% |
| Median price per sq ft | $1,556/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in North Key Largo by property type?
How the North Key Largo, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $5.00M | — | 1 | 71 days |
Source: Redfin · Updated monthly
The North Key Largo housing market is currently classified as a balanced market with a median sale price of $2.98M. Prices have fallen 24.5% compared to last year, with homes spending an average of 127 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in North Key Largo
There are currently 3 homes listed for sale in North Key Largo, Florida. The median listing price is $913K.
Active listings
3
Homes on market
Median list price
$913K
Avg. days on market
127
Days until sale
New this week
2
Newly listed
Who lives in North Key Largo?
Population
1,630
Median income
$146,389/yr
Median age
69.4 years
Owner-occupied
95.7%
College grads
59.4%
Avg commute
24.2 min
Source: U.S. Census Bureau ACS
What is it like to live in North Key Largo?
North Key Largo is a community of approximately 2K residents with a median age of 69.4 years.The median household income is $146,389, which reflects a relatively affluent area with strong earning potential. 59.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 95.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, North Key Largo offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near North Key Largo, FL?
Want a head-to-head view? Compare North Key Largo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in North Key Largo?
The median home sale price in North Key Largo is $2.98M, down 24.5% from last year.
How long do homes stay on market in North Key Largo?
Homes typically spend 127 days on market before going under contract.
What is the median income in North Key Largo?
The median household income is $146,389 per year.
Is North Key Largo a buyer's or seller's market?
With 1.5 months of supply, North Key Largo is currently a balanced market.
What is the median condo price in North Key Largo?
The median condo/co-op sale price in North Key Largo, FL is $5.00M, based on the latest Redfin data.
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