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Featured local agent — Siesta Key, FL
Sarah Mitchell
Compass Real Estate · Siesta Key, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Siesta Key, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.08Mmedian sale price
How is the Siesta Key, FL housing market right now?
The median home sale price in Siesta Key, FL is $1.08M, up 8.2% year-over-year. Homes sell in an average of 52 days with 245 active listings. The market is currently a buyer's 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 Siesta Key a buyer's or seller's market?
Siesta Key, FL is currently a buyer's market, based on 7.2 months of supply and homes selling in about 52 days. How we determine this →
Homes sold
34
Last 12 weeks
Days on market
52
Average pace
Active listings
245
7.2 months supply
Sale-to-list
92.8%
Below asking
What does the Siesta Key housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.08M |
| Median list price | $937,500 |
| Year-over-year price change | +8.2% |
| Average days on market | 52 days |
| Active inventory | 245 listings |
| Months of supply | 7.2 months |
| Sale-to-list price ratio | 92.8% |
| Median price per sq ft | $685/sq ft |
| Homes sold (latest month) | 34 |
| New listings (latest month) | 34 |
| Listings with a price cut | 22.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Siesta Key by property type?
How the Siesta Key, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.66M | $700/sq ft | 18 | 54 days |
| Condo / Co-op | $770,000 | $649/sq ft | 16 | 52 days |
| Townhouse | $795,000 | $588/sq ft | 1 | 16 days |
Source: Redfin · Updated monthly
The Siesta Key housing market is currently classified as a buyer's market with a median sale price of $1.08M. Prices have risen 8.2% compared to last year, with homes spending an average of 52 days on market, indicating 7.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.9x provides context for how home values compare to local earning capacity.
Homes for sale in Siesta Key
There are currently 245 homes listed for sale in Siesta Key, Florida. The median listing price is $938K.
Active listings
245
Homes on market
Median list price
$938K
Avg. days on market
52
Days until sale
New this week
34
Newly listed
Who lives in Siesta Key?
Population
5,690
Median income
$119,427/yr
Median age
66 years
Owner-occupied
92.5%
College grads
65.3%
Avg commute
33.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Siesta Key?
Zillow home value
$825,673
Zillow rent index
$7,297/mo
Price-to-rent ratio
9.4x
Price-to-income
6.9x
Source: Zillow Research
What is it like to live in Siesta Key?
Siesta Key is a community of approximately 6K residents with a median age of 66 years.The median household income is $119,427, which reflects a relatively affluent area with strong earning potential. 65.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 92.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Siesta Key offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Siesta Key, FL?
Want a head-to-head view? Compare Siesta Key side-by-side with any other U.S. city using our market-comparison tool.
Is Siesta Key a good real estate investment market?
For investors evaluating Siesta Key, the price-to-rent ratio of 9.4x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 8.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Siesta Key's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Siesta Key's median home price.
Frequently asked questions
What is the average home price in Siesta Key?
The median home sale price in Siesta Key is $1.08M, up 8.2% from last year.
How long do homes stay on market in Siesta Key?
Homes typically spend 52 days on market before going under contract.
What is the median income in Siesta Key?
The median household income is $119,427 per year.
Is Siesta Key a buyer's or seller's market?
With 7.2 months of supply, Siesta Key is currently a buyer's market.
What is the Zillow home value estimate for Siesta Key?
The Zillow Home Value Index (ZHVI) for Siesta Key is $825,673, representing the typical home value in the area.
What is the median condo price in Siesta Key?
The median condo/co-op sale price in Siesta Key, FL is $770,000, compared to $1.66M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Siesta Key?
The median single-family home price in Siesta Key, FL is $1.66M (about $700 per square foot).
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